Consideration of funding proposals: Consideration of a request for changes in the scope of funded activity FP077 (“Ulaanbaatar Green Affordable Housing and Resilient Urban Renewal Project (AHURP)”) GCF/B.40/10

This document presents a request to approve a change in the scope of the funded activity FP077. Driven by substantial cost increases in the Mongolian construction sector, the Accredited Entity seeks a reduction in the target number of housing units to be constructed, which will result in a proportionate downscaling of the number of beneficiaries, greenhouse gas emissions and project Outputs 1 and 2 as part of the Design and Monitoring Framework.