FP077

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

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

  • Status Under implementation
  • Date approved 01 Mar 2018 at B.19
  • Est. completion 18 Jun 2027
  • ESS Category Category B

Improving the climate resilience of the Mongolian capital Ulaanbaatar and reducing greenhouse gas emissions and air pollution by creating eco-districts.

Climate change in Mongolia periodically leads to sizable losses of livestock due to prolonged and increasingly cold winter seasons. This results in rural-urban migration to areas around Ulaanbaatar predominated by gers, or traditional Mongolian dwellings. These unplanned areas are hotspots of greenhouse emissions and air pollution, mainly due to the widespread use of coal for heating and cooking.

The creation of eco-districts in these highly climate-vulnerable and polluting ger areas will form zones which are low-carbon, climate resilient and affordable. This will be done through low-cost urban infrastructure, public facilities, and social housing units.

The project has an estimated lifespan of 40 years.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
35,000
Indirect
315,000
Theme

Cross-cutting

Result areas

Project timeline

Pipeline

03 May 2017 - 303 days

Concept note received

03 May 2017

Funding proposal received

16 Oct 2017

Cleared by iTAP

06 Feb 2018

Approved

01 Mar 2018 - 293 days

Approved by GCF Board

01 Mar 2018

Legal opinion on AE's Internal Approval

27 Aug 2018

FAA executed

28 Sep 2018

Under implementation

18 Dec 2018 - 957 days so far

FAA effective

18 Dec 2018

Disbursement - USD 1,500,000

25 Nov 2019

Completed

18 Jun 2027 - 2,149 days to go

One region

  • Asia-Pacific

One country

USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing0% disbursed

InstrumentAmount
LoanUSD 95,000,000
GrantUSD 50,000,000
Total GCF Financing
USD 145,000,000

Cofinancing

CofinancerInstrumentAmount
Co-FinancingLoanUSD 20,000,000
Co-FinancingLoanUSD 60,000,000
Co-FinancingLoanUSD 111,360,000
Co-FinancingEquityUSD 131,800,000
Co-FinancingEquityUSD 63,949,000
Co-FinancingEquityUSD 35,005,000
Co-FinancingGrantUSD 3,000,000
Total Co-Financing
USD 425,114,000

GCF Contacts

General media inquiries

GCF Communications
Phone +82 32 4458 6338 (KST)
Send e-mail

Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6485 (KST)
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155 (KST)
Send e-mail

Accredited Entity

Asian Development Bank
Mr. Christian Ellermann
Climate Change Specialist
More contacts

National Designated Authority

Mongolia
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. Amartuya Batbold
Carbon and Climate Finance Specialist
15160 Government building 2, United Nation's street 5/2, Chingeltei district, Ulaanbaatar, Mongolia

News + Stories

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