NDA Strengthening and Country Programming support for Mongolia through XacBank

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NDA Strengthening and Country Programming support for Mongolia through XacBank

The Government of Mongolia appointed its Focal Point to the Green Climate Fund (GCF); however, there is growing demand to get in-depth knowledge of the GCF and its procedures and operations. Simultaneously, in order to disseminate key operational procedures of the fund, including its environmental and social safeguards, gender policy and no-objection procedures to all the interested parties, the Focal Point (and NDA) requires strengthening its capacity as well as facilitating and institutionalizing stakeholder dialogues and consultation processes. The Government of Mongolia also encourages national institutions, private and public alike, to get direct access to the Fund, with the ultimate goal to enhance country ownership and to access and allocate the fund’s resources effectively and efficiently. Therefore, the FP (and NDA) aims to develop the capabilities and domestic coordination mechanism that ensure all initiatives from selecting direct access entities to priority funding proposals, are consistent with strategic objectives of national development policies and climate change programs. Also, Mongolia aims to develop strategic frameworks including country programmes, in order to enhance the effectiveness of its engagement with the Fund. This will prepare the country to act quickly, and engage with the Fund efficiently in the future.

Cover date 22 May 2015
Document type Approved readiness proposal
Organisation
XacBank LLC
Country
Mongolia