GGGI cooperated with the Government of Mongolia to establish the Mongolia Green Finance Corporation (MGFC) as a joint public and private sector investment fund with the special purpose of improving the policy environment to support green finance in Mongolia. Moreover, it intends to support the transition of enterprises and entrepreneurs to advanced technologies with low greenhouse gas emissions in a gender-sensitive, environmentally friendly and affordable manner. MGFC will work towards meeting the financing needs of the domestic market by providing wholesale loans aimed at increasing green facilities and energy efficiency, reaching areas in need of green investment. Initially, MGFC has been confirmed to receive green investment of 50 million USD, which is important for the intensification of green finance in Mongolia. Therefore, it is expected that MGFC will play an important role in achieving Vision 2050 and Mongolia’s policies adopted in the field of combating climate change, as well as national contribution goals. Mongolia’s international obligations can be directly or indirectly fulfilled to a certain extent by the projects implemented by the MGFC. As a green wholesale financing organization jointly established by the government, the private sector, and international organizations, MGFC is the first unique model in the region. It will play an important role in creating a favorable policy environment for the implementation of low greenhouse gas emission and energy efficient solutions, attracting green and gender-sensitive financing, and efficiently and inclusively distributing it to the domestic market.