Nationally Appropriate Mitigation Action (NAMA) for the Construction Sector in Mongolia

IIEC completed a project to provide advisory services on Climate Finance in Mongolia. The project focused on the development of a medium-size building project to be implemented over a period of 40 months with the support of the United Nations Development Programme (UNDP) and Global Environment Facility (GEF).
IIEC’s key activities included:
- Conducting a review of the financial options available to support scaled-up climate change mitigation actions and energy efficient technology applications in Mongolia’s buildings/construction sector. The review covered:
- International best practices for financing climate change mitigation actions that are applicable to Mongolia’s political, socioeconomic and environmental context, including green building standards, and green premium and investment needs; and
- Past, ongoing and anticipated relevant financial options with details of technical and financial support programmes, funding sources, budgets and key lessons.
- Proposing feasible options for financial mechanism(s) to support the implementation of scaled-up mitigation action/NAMAs in the construction/buildings sector in Mongolia. The options addressed capital requirements and potential funding sources, design elements, institutional arrangements, and stakeholders engagement plans.
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- Developing a financial plan to support the detailed design of the construction sector NAMA and monitoring, reporting, and verification (MRV) framework.
- Formulating a project plan comprising outputs, activities, indicators, and a budget that will be supported through UNDP/GEF assistance.
- Preparing Terms of Reference for financial experts required during project implementation.
For further information, please contact Angelica Dealino - This email address is being protected from spambots. You need JavaScript enabled to view it.
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