The partnership with EIB Global and the European Union – unlocking up to €1 billion – will help Mongolia harness its renewable potential, support private sector development, modernise
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Cities could play a key role in reducing greenhouse gas emissions and leading the transition to renewable energy in all end-use sectors. Ulaanbaatar is the coldest capital city, and its
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In 2025, the EBRD invested nearly US$2 billion in 120 projects across Central Asia and Mongolia, with Uzbekistan receiving over US$1 billion. A third of funds focused on sustainable
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The Project is expected to improve interconnection of the electricity transmission network, minimize transmission losses, increase electricity from renewable energy in the power
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Ulaanbaatar, 28 January 2025 – UNDP Mongolia hosted a roundtable discussion under the theme “Just Energy Transition in Mongolia: Progress and Way Forward” to share key lessons from its renewable
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The European Union is actively funding Mongolia''s energy sector with the European Bank for Reconstruction and Development. The EU partnership targets Mongolia''s ''greater grid
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On 27 June 2025, the Just Energy Transition Forum (the JET Forum) took place in Ulaanbaatar, Mongolia. The forum brought together local, national, and international stakeholders from public and
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In its Intended Nationally Determined Contribution (INDC) goals for the 2015 Paris Climate Accord, Mongolia pledged to deploy 20% renewable energy sources by 2020, and 30% renewable energy
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The government has attempted numerous policies and programs to move Ulaanbaatar away from its reliance on coal, such as clean stove programs, electric heater initiatives, and a night-time electrical
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By combining European expertise with Mongolia''s renewable potential, the partnership aims to advance innovation, energy security, and sustainable growth while creating quality jobs and
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