Global Green Growth Institute
room 19F Jeongdong Bldg., 21-15 Jeongdong-gil, Jung-gu Seoul 04518
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Mongolia Transition to Green Development - Phase 2

IATI Identifier: XM-DAC-47136-MN1

Published on IATI
  • date_range Jan 01, 2017 - Dec 31, 2018
  • autorenew Closed (Status)

Mongolia’s resource-intensive development and climate change vulnerability have created urgency for a transition to green growth. Economic transformation over the past 20 years has been driven by the extraction of Mongolia’s mineral resources and rapid urbanization. However, Mongolia’s reliance on commodities exports for growth has not only left it vulnerable to price fluctuations, but has exacerbated the impacts of climate change. Sustaining recent development gains in Mongolia faces a number of challenges: Electricity generation infrastructure reliance on coal‑fired sources; rapid urbanization with 68% of population living in settlements ‑ primarily in Ulaanbaatar; lagging poverty reduction despite strong GDP growth; exposure to harmful urban air pollution; and limited capacity to finance green growth in the country

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Sectors:
  • Environmental policy and administrative management

  • Reporting Organisation

Participating Organisations

Global Green Growth Institute Multilateral Implementing
Global Green Growth Institute Multilateral Funding

Transaction

Transaction Value Provider
Receiver
Type Date
Not Available Provider N/A Receiver N/A Incoming Funds
date_range Jan 01, 2018
933,228 USD Provider N/A Receiver N/A Expenditure
date_range Jan 01, 2018
870,966 USD Provider N/A Receiver N/A Expenditure
date_range Jan 01, 2017

Budget

2,223,796 USD
  • 1,091,111 USD (Valued at Dec 31, 2018)
    date_range Jan 01, 2018 - Dec 31, 2018
  • 1,132,686 USD (Valued at Dec 31, 2017)
    date_range Jan 01, 2017 - Dec 31, 2017
access_time Updated on Sep 13, 2023 09:12:47