Global Green Growth Institute
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Readiness Support Program for Enhancing the Access to Green Finance in Mongolia

IATI Identifier: XM-DAC-47136-MN3
Published in IATI IATI
  • date_range Sep 21, 2017 - Dec 31, 2019
  • autorenew Closed (Status)

Mongolia has made commitments to increase renewable energy generation and improve urban planning and resilience in its National Green Development Policy (NGDP) and Action Plan, Nationally Determined Contributions (NDCs) and Sustainable Development Vision 2030. While the supporting policy environment has improved, implementation and financing to address these challenges remain well below the levels needed to transition to inclusive green growth. Mongolia’s energy sector is highly dependent on fossil fuels with over 90% of heating and electricity derived from coal. The resulting soil and air pollution is particularly acute in the peri-urban areas of Ulaanbaatar and other secondary cities, where poverty exceeds the national average. Given the current impacts of weak commodities prices and low investment, a stretched government budget reduces the ability to introduce many of the intended green development measures.

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Sectors:
  • Environmental policy and administrative management error
    Sector code:
    41010 - Environmental policy and administrative management
    Sector vocabulary:
    1 - OECD DAC CRS Purpose Codes (5 digit)
  • Reporting Organisation error
    Sector code:
    MS - Reporting Organisation
    Sector vocabulary:
    99 - Reporting Organisation

Participating Organisations

Organisation Name Organisation Type Organisation Role
Global Green Growth Institute Multilateral Implementing
Green Climate Fund Multilateral Funding
Green Climate Fund Multilateral Funding

Transaction

Transaction Value Provider Receiver Type Date
Not Available circle Provider N/A circle Receiver N/A Expenditure date_rangeDec 31, 2018
281,297 USD (Valued at Dec 31, 2018) circle Provider N/A circle Receiver N/A Incoming Funds date_rangeDec 31, 2018
50,221 USD (Valued at Jan 31, 2017) circle Provider N/A circle Receiver N/A Expenditure date_rangeJan 31, 2017
297,500 USD (Valued at Jan 01, 2017) circle Provider N/A circle Receiver N/A Incoming Funds date_rangeJan 01, 2017

Budget

379,395 USD
299,779 USD (Valued at Dec 31, 2018) date_range Jan 01, 2018 - Dec 31, 2018
79,616 USD (Valued at Jan 01, 2017) date_range Jan 01, 2017 - Dec 31, 2017
access_timeUpdated on Aug 04, 2020 02:02:03
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