FP154
Mongolia: Aimags and Soums Green Regional Development Investment Program (ASDIP)
Mongolia: Aimags and Soums Green Regional Development Investment Program (ASDIP)
In Mongolia average temperatures have risen by 2.1°C over the past 70 years. Average rainfall is declining, and extreme weather events are more frequent. This poses challenges to livestock production and managing the country’s vast pasturelands, which are already fragile due to decades of unsustainable herding practices.
This project addresses Mongolia’s rangeland degradation and overgrazing. It will do this by building climate-resilient and low-carbon cities that provide adequate services to attract private sector investments to support local agribusiness. Other measures include supporting herder groups to manage the rangelands sustainably by limiting the number of grazing animals, and strengthening agribusiness value chains.
Project timeline
Pipeline
22 Oct 2019 - 515 days
Concept note received
22 Oct 2019
Funding proposal received
23 Jan 2020
Cleared by GCF Secretariat
30 Mar 2020
Cleared by iTAP
23 Feb 2021
Approved
19 Mar 2021 - 1,263 days so far
Approved by GCF Board
19 Mar 2021
Legal opinion on AE's Internal Approval
24 Mar 2023
FAA executed
03 Jan 2024
Under implementation
To be completed
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing
Instrument | Amount |
---|---|
Grant | USD 45,000,000 |
Loan | USD 130,000,000 |
Total GCF Financing |
---|
USD 175,000,000 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | Loan | USD 135,000,000 |
Co-Financing | Loan | USD 135,000,000 |
Co-Financing | Grant | USD 30,000,000 |
Co-Financing | Loan | USD 150,000,000 |
Co-Financing | Loan | USD 25,000,000 |
Co-Financing | Grant | USD 75,280,000 |
Co-Financing | In-kind | USD 6,720,000 |
Co-Financing | Grant | USD 3,000,000 |
Total Co-Financing |
---|
USD 560,000,000 |
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 |
---|---|---|
Mongolia: Aimags and Soums Green Regional Development Investment Program (ASDIP) | Approved funding proposal | 06 Apr 2021 |
Gender action plan for FP154: Mongolia: Aimags and Soums Green Regional Development Investment Program (ASDIP) | Gender action plan | 24 Mar 2021 |
Gender assessment for FP154: Mongolia: Aimags and Soums Green Regional Development Investment Program (ASDIP) | Gender assessment | 24 Mar 2021 |
Environmental and social safeguards (ESS) report for the programme - Aimag and Soum Centers Green and Resilient Regional Development Investment Program | Environmental and Social Safeguards report | 23 Feb 2021 |