Billion Tree Fund

Upon the initiative of the President of Mongolia, the “Billion Tree” national movement commenced its activities with the aim of mitigating climate change, desertification, and soil degradation. As part of this work, per the initiative of the Bank of Mongolia and the member organizations of the Mongolian Bankers Association, the “Billion Tree National Movement Support Fund” was estab- lished in Mar ...

Cooking, Heating, Insulation Package /CHIP/

Financed by UNICEF, the Swiss Agency for Development and Cooperation (SDC), and the Government of Mongolia and implemented by People In Need INGO, Mongolian Sustainable Finance Association and the Mongolian University of Sciences and Technology, the CHIP package was developed by leading international and local scientists and experts that designed an affordable, yet effective, solution to take down ...

Mongolia Green Finance Corporation

In 2016, organizations such as the MBA, MSFA, XacBank, Ministry of Finance, MET, GCF, and GGGI jointly initiated the project to establish a “Green Loan Fund” in Mongolia and founded the Mongolia Green Finance Corporation in 2018. It is planned to commence full operations in 2024, upon successful approval of the 50 million USD funding from the GCF, government and the private sector. With the establ ...