FP077
Ulaanbaatar Green Affordable Housing and Resilient Urban Renewal Project (AHURP)
Ulaanbaatar Green Affordable Housing and Resilient Urban Renewal Project (AHURP)
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.
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 - 2,085 days so far
FAA effective
18 Dec 2018
Disbursement - USD 1,500,000
25 Nov 2019
Disbursement - USD 2,500,000
09 Jan 2023
Disbursement - USD 8,000,000
09 Jan 2023
To be completed
18 Sep 2027 - 1,112 days to go
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing8% disbursed
Instrument | Amount |
---|---|
Loan | USD 95,000,000 |
Grant | USD 50,000,000 |
Total GCF Financing |
---|
USD 145,000,000 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Loan | USD 20,000,000 |
Co-Financing | Loan | USD 60,000,000 |
Co-Financing | Loan | USD 111,360,000 |
Co-Financing | Equity | USD 131,800,000 |
Co-Financing | Equity | USD 63,949,000 |
Co-Financing | Equity | USD 35,005,000 |
Co-Financing | Grant | USD 3,000,000 |
Total Co-Financing |
---|
USD 425,114,000 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
Send e-mail
Accredited Entity
More contacts
National Designated Authority
Ministry of Environment and Tourism
15160 Government building 2, United Nation's street 5/2, Chingeltei district, Ulaanbaatar, Mongolia
Documents
Title | Type | Date |
---|---|---|
Gender action plan for FP077: Ulaanbaatar Green Affordable Housing and Resilient Urban Renewal Project (AHURP) | Gender action plan | 23 May 2018 |
Gender assessment for FP077: Ulaanbaatar Green Affordable Housing and Resilient Urban Renewal Project (AHURP) | Gender assessment | 22 May 2018 |
Ulaanbaatar green affordable Housing and resilient Urban Renewal Project (AHURP) | Approved funding proposal | 27 Mar 2018 |
Environmental and social safeguards (ESS) report for FP077: Ulaanbaatar Green Affordable Housing and Resilient Urban Renewal Project (AHURP) | Environmental and Social Safeguards report | 22 Feb 2018 |