No. of projects


Total GCF financing


No. of Readiness activities


Readiness support approved


Readiness support disbursed





Energy Efficient Consumption Loan Programme


Multiple countries

Climate Investor One


Multiple countries

Green Cities Facility



Ulaanbaatar Green Affordable Housing and Resilient Urban Renewal Project (AHURP)



Renewable Energy Program #1 - Solar



MSME Business Loan Program for GHG Emission Reduction


Multiple countries

GCF-EBRD SEFF Co-financing Programme

National Designated Authority

Ministry of Environment and Tourism

Mr. Batjargal Zamba
National Focal Point for the GCF
Suite 203, Margad Center 8th Khoroo, Student Street, Ulaanbaatar, Mongolia
Ms. Chuluunkhuu Baatar
Carbon and Climate Finance Specialist
Suite 203, Margad Center 8th Khoroo, Student Street, Ulaanbaatar, Mongolia

Direct access Accredited Entities

GCF Team

Anupa Lamichhane
Regional Manager
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Corey Fortin
Regional Officer
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Samantha Rabine
Regional Analyst
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News + Stories

New GCF-Government of Mongolia agreement supports country’s Paris Agreement goals

26 Nov 2019 / The Government of Mongolia recently signed an agreement with the Green Climate Fund (GCF) to provide the organisation with Privileges and Immunities. The agreement was signed during the Nationally Determined Contribution (NDC) Forum organised by the Government in Ulaanbaatar.

GCF in Mongolia: Towards a climate-resilient future

16 May 2019 / The Green Climate Fund (GCF) is assisting Mongolia in its transition to renewable energy by catalysing local private sector capital to enable local solutions to climate change and open markets for big investors in renewable energy.

GCF supports Mongolia's ambition to pursue a low-emission future

29 Apr 2019 / What makes FP046, the Green Climate Fund's (GCF) Sumber Solar Plant project in Mongolia with Xacbank, extraordinary? When Sumber Solar Plant went online, it marked two firsts: the first completion of a solar plant funded by GCF, and the first solar power plant financed by a local Mongolian bank.

GCF is supporting Mongolia’s ambition to pursue a low-emission future

10 Apr 2019 / And helping it adjust to the growing pains of rapid urbanisation

Ulaanbaatar: Live Better, Breathe Easier

09 Apr 2019 / A GCF project is helping Ulaanbaatar city shift to a low-emission, climate-resilient development path.

Mongolia achieves a milestone in National Adaptation Planning

20 Mar 2019 / The Government of Mongolia launches the National Adaptation Plan (NAP) process to strengthen climate-resilient development, with support from the Green Climate Fund (GCF) and UN Environment.

GCF helps XacBank become first Mongolian bank to finance large-scale solar

28 Jan 2019 / XacBank has become Mongolia’s first private bank to fund the completion of a large-scale, solar plant in a financing partnership with GCF.

GCF gives green light to largest climate project to date in EBRD partnership

14 Nov 2017 / GCF will start funding its largest climate finance investment to date following an agreement signed with the EBRD.

XacBank first Mongolian bank to finance renewable energy

11 Nov 2017 / GCF has signed a funding agreement with XacBank in the country’s first renewable energy project financed by a local bank.

GCF hails Mongolia partnerships as model for mobilising private capital

15 Sep 2017 / Mobilising private sector capital is critical to climate transformation, and GCF’s partnerships in Mongolia demonstrate how the Fund can leverage public funds to engage private investment.