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.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
552,300
Indirect
3,200,000
Theme

Cross-cutting

Result areas

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 - 50 days so far

Approved by GCF Board

19 Mar 2021

Under implementation

Completed

One region

  • Asia-Pacific

One country

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

GCF financing

InstrumentAmount
GrantUSD 45,000,000
LoanUSD 130,000,000
Total GCF Financing
USD 175,000,000

Cofinancing

CofinancerInstrumentAmount
Co-FinancingLoanUSD 135,000,000
Co-FinancingLoanUSD 135,000,000
Co-FinancingGrantUSD 30,000,000
Co-FinancingLoanUSD 150,000,000
Co-FinancingLoanUSD 25,000,000
Co-FinancingGrantUSD 75,280,000
Co-FinancingIn-kindUSD 6,720,000
Co-FinancingGrantUSD 3,000,000
Total Co-Financing
USD 560,000,000

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