The NDA/NFP of Mongolia has made a great effort in accessing GCF funding in collaboration with national, regional, and international accredited entities since 2015. As a result, the Fund has approved approximately USD 220 million worth of projects and programmes for Mongolia.
Through these projects and programmes, approximately USD 610 million has been raised by other parties in co-financing.
The relation between the Government of Mongolia and Green Climate Fund
|
# |
TITLE |
TYPE |
DATE |
|
1 |
NDA nomination |
25-Oct-15 |
|
|
2 |
Contribution arrangement /agreement |
23-Nov-17 |
|
|
3 |
Country programme |
19-Mar-19 |
|
|
4 |
Agreement between the Government of Mongolia and the Green Climate Fund on Privileges and Immunities of the Green Climate Fund |
Bilateral Agreement |
22-11-2019 |
Approved readiness proposals (7)
|
# |
PROJECT NAME |
ACCREDITED ENTITIES |
PURPOSE OF PROJECT |
|
1 |
Establishing and strengthening NDA and NFP, and Strategic frameworks for engagement with the Fund, including the preparation of country programmes |
XacBank |
NDA Strengthening, including country programming |
|
2 |
Readiness Support for Enhancing Access to Green Finance in Mongolia |
GGGI |
Strategic Framework |
|
3 |
Scaling-up of Implementation of Low-Carbon District Heating Systems in Mongolia |
UNEP |
Strategic Framework |
|
4 |
Adaptation Planning |
UNEP |
Adaptation Planning |
|
5 |
Readiness Support to Strengthen Sustainable Finance Practices in Mongolia and Encourage Regional Knowledge Sharing |
IFC |
Strategic Framework |
|
6 |
Strengthening in-country coordination and engagement with the Fund and aligning the development of Nationally Determined Contribution and revision of the Country Program with the country’s Sustainable Development Vision 2030 |
XacBank |
NDA strengthening, country programming |
|
7 |
Energy Savings Insurance Model Development |
XacBank |
Support for direct access entities |
Approved funding proposals (7)
|
# |
PROJECT NAME |
ACCREDITED ENTITIES |
INSTRUMENTS |
|
1 |
MSME Business Loan Program for GHG Emission Reduction |
XacBank |
Grants, Senior Loans |
|
2 |
Renewable Energy Program #1 - Solar |
XacBank |
Equity, Senior Loans |
|
3 |
Ulaanbaatar Green Affordable Housing and Resilient Urban Renewal Project (AHURP) |
ADB |
Equity, Grants, Senior Loans, Subordinated Loans |
|
4 |
Energy Efficient Consumption Loan Programme |
XacBank |
Grants, Senior Loans |
|
5 |
GCF-EBRD Sustainable Energy Financing Facilities (Regional) |
EBRD |
Grants, Senior Loans |
|
6 |
Green Cities Facility (Regional) |
EBRD |
Equity, Senior Loans |
|
7 |
Climate Investor One (Regional) |
FMO |
Equity, Grants, Senior Loans, Subordinated Loans |
Project preparation facility proposals (2)
|
# |
PROJECT NAME |
ACCREDITED ENTITIES |
INSTRUMENTS |
|
1 |
Mini-grid/off-grid Solution for Ger Area |
XacBank |
Repayable grant |
|
2 |
Mongolian Green Finance Corporation |
XacBank |
Equity, Senior Loans |
The Climate Change Research and Cooperation Centre under the Ministry of Environment and Tourism organized a workshop on “Climate Finance and Green Climate Fund” on the 10th of March 2022.
Preparation and Submission of the Fourth National Communication and Second Biennial Update Report under the UNFCCC
Joint Crediting Mechanism
Capacity building on greenhouse gas inventory
Capacity building initiative transparency
