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The SAVi assessment finds that full electrification of Ulaanbaatar's bus fleet provides USD 26.3 million in net savings and benefits over 25 years, primarily driven by avoided fuel costs and lower maintenance. These benefits increase substantially if paired with a modal shift from private cars to public transport, potentially reaching USD 774.8 million if 10% of car users switch. The transition involves expanding the current fleet of 90 electric buses to 1,303 vehicles to meet national targets of 70% electrification by 2050.

The assessment finds that electrifying Ulaanbaatar's bus fleet is economically viable, with a discounted net benefit of MNT 93,355 million (USD 26.3 million) and a benefit-to-cost ratio (BCR) of 1.09 over 25 years. The primary economic drivers are avoided fuel costs and lower maintenance requirements. These benefits increase substantially if electrification is paired with a modal shift from private vehicles to public transport; a 10% shift would raise the BCR to 3.63 and net benefits to USD 774.8 million. The analysis emphasizes that traditional valuations often underestimate such projects by ignoring environmental and social externalities like air and noise pollution.

The document outlines the SAVi methodology applied to Ulaanbaatar's bus fleet, utilizing causal loop diagrams and integrated cost-benefit analysis to evaluate the transition from internal combustion engine (ICE) buses to electric vehicles (EVs). It details the indicators used—ranging from GHG emissions and air pollution to retail revenues and employment—and provides the specific data assumptions, such as a 10-year implementation period and a 40% reduction in maintenance costs for electric buses compared to ICE buses.

The CC Asia Climate Fund (CC-ACF) is a proposed USD 150 million private equity fund targeting growth-stage companies in Kazakhstan, Mongolia, and Uzbekistan. Managed by CC Global Services Holdings Limited (CC GSH), the fund seeks USD 37.5 million from the Green Climate Fund (GCF) to act as a first-loss tranche, catalyzing USD 112.5 million in co-financing. The fund focuses on five priority sectors: renewable energy, resource efficiency/industry decarbonization, weather-resilient buildings, water conservation, and climate-smart agriculture. It aims to reduce GHG emissions by 8.21 million tCO2eq over a 25-year lifespan and reach approximately 464,396 direct and indirect beneficiaries. The strategy emphasizes technology transfer, active board stewardship, and the demonstration of commercial viability for climate-smart investments to shift these carbon-intensive economies toward low-carbon development.

The CC Asia Climate Fund (CC-ACF) has developed a Gender Assessment and Action Plan (GAAP) to address systemic gender inequalities in Kazakhstan, Mongolia, and Uzbekistan. The report identifies significant barriers to women's participation in climate-vulnerable sectors, including limited land ownership, a gendered digital divide, and underrepresentation in STEM and leadership roles. To mitigate these, the Fund implements a Gender Action Plan (GAP) that embeds gender-responsive criteria into its ESG due diligence, mandates Gender Action Plans for portfolio companies, and establishes SEAH-safe grievance mechanisms. The goal is to foster transformational change by promoting women's leadership in the energy and agriculture sectors and reducing the gender pay gap within its investee companies.

The document details a multi-phase initiative in Ulaanbaatar, Mongolia, to combat pollution caused by the use of raw coal in 'ger' settlements. It highlights the role of the Economic Policy and Competitiveness Research Centre (EPCRC) in transitioning the community toward fuel-efficient briquettes, improving sanitation to prevent soil contamination, and influencing national green economy policies and legislation for women entrepreneurs.

The report evaluates the effectiveness of nature-based infrastructure (NBI) and hybrid infrastructure in 12,000 hectares across the Lambussie, Wa West, Lawra, and Jirapa districts of Ghana. Comparing a reference scenario of no action against NBI and hybrid interventions, the analysis finds that both NBI and hybrid options effectively mitigate floods and droughts across various Shared Socioeconomic Pathways (SSP). Specifically, reforestation of a 3,500-hectare area in one district reduced flood risk by 46.7%.

The document highlights that conventional financial analysis fails to capture the environmental and social impacts of transport projects, which contribute over 20% of global carbon dioxide emissions. It advocates for a holistic approach that accounts for externalities—such as public health benefits from improved air quality or costs from vehicle emissions—to better determine a project's overall value. The briefing also references several Sustainable Asset Valuation (SAVi) case studies involving electric vehicles in India, non-motorized transport in Coimbatore, wind portfolios in Germany, and bus electrification in Mongolia.

The SAVi assessment of the proposed BRT system in Bandung, Indonesia, indicates the project is highly profitable, with a benefit-cost ratio of 6.67 per USD 1 invested. The system is expected to generate USD 2.02 billion in cumulative discounted net benefits between 2022 and 2050. Primary benefits include time savings for users, increased retail revenues near stations, and health improvements resulting from reduced air pollution and increased physical activity.

The report finds that dedicated outdoor air quality funding is critically low, representing less than 1% of total international development commitments. While there is a significant pool of funding with air quality co-benefits, the report argues for more explicit intentionality in project design. It highlights a geographic concentration of funds in Asia and a lack of investment in Africa. The document also notes a positive trend where funding for air quality projects exceeded fossil fuel-prolonging projects for the first time in 2021.

The study assesses decarbonisation pathways for Ulaanbaatar's heating sector, finding that solar assisted ground source heat pumps (SAGSHP) are more cost-effective and less electricity-intensive than full electrification. While SAGSHP increases fixed costs by 30%, it reduces total costs by 9% due to lower electricity demand and reduced requirements for power capacity and grid expansion. The authors argue that reducing the burden on the power sector is essential to decouple heat and power supply and facilitate the penetration of renewables.

The report examines the status of women in Mongolia's large-scale mining sector, analyzing legal frameworks, employment statistics, and skill development. It finds that while legal protections for gender equality exist, deep-seated stereotypes and inflexible working conditions persist. Women are underrepresented in technical roles and decision-making positions, and are more susceptible to layoffs during economic downturns. The report recommends improving gender-disaggregated data collection, implementing flexible work arrangements, and promoting STEM education for women to bridge the gender gap in the evolving mining industry.

The study assesses green hydrogen in Mongolia, finding it most viable for heavy-duty mining transport in the South Gobi region, where it could mitigate 1.2 Mt CO2e annually. While production costs are competitive at 3.3-4.7 USD/kg, water scarcity in the south poses a limit. Public transport in Ulaanbaatar is a possible but limited-scale application, while decentralised heating is currently not cost-competitive compared to LPG.

Urban air pollution in low- and middle-income countries (LMICs) poses a severe risk to children's health and development, with significant burdens found in sub-Saharan Africa and Asia. Children are more vulnerable due to their developing bodies and higher inhalation rates per unit of body weight. Key pollution sources include inefficient biomass combustion for cooking and heating, vehicle emissions, and waste burning, with residents of informal settlements facing the highest risks. The document advocates for integrating air quality management into climate change commitments (NDCs), investing in monitoring infrastructure—including citizen science—and adopting multi-sectoral interventions that target pollution sources rather than just symptoms.

The report examines the Mongolian electricity sector's transition toward the Paris Agreement goals and the public health costs of coal power. It highlights that planned coal capacity expansions, particularly the Shivee Ovoo plant, would significantly increase premature deaths and years of life lost by 2050, while noting that Mongolia requires international financial and technical support to implement renewable energy and decouple heat and electricity supply.

The ESMF provides a structured approach to managing risks for a conservation project in eastern Mongolia, focusing on land management, biodiversity, and community livelihoods. It outlines mitigation measures for environmental risks like soil erosion and social risks such as access restrictions to natural resources, while ensuring compliance with FAO and WWF safeguards.

The report details a pilot project in Mongolia using the SDG Synergies approach to identify interactions between 17 targets from the Sustainable Development Vision (SDV) 2030. Centered on integrated water governance, the process involved a stakeholder workshop in Ulaanbaatar to map first-order interactions, followed by SEI's second-order and cluster analyses. The findings highlight the critical role of accountable governance and urban planning in driving sustainability, while identifying strong self-reinforcing synergies within the agriculture and food sectors. The project resulted in the Mongolian Cabinet approving guidelines for using the approach in sectoral policy development.

XacBank LLC is seeking USD 914,425 from the Green Climate Fund to prepare a comprehensive funding proposal for a mini-grid system in Ulaanbaatar's ger areas. The project aims to address air pollution and utility inadequacies caused by coal-based heating and lack of sanitation. The requested PPF funding will support technical feasibility studies, financial and legal structuring, environmental and social impact assessments, and market analysis over a 14-month period.

The report argues that tokenization—the digitalization of assets into cryptographic tokens on a blockchain—can make sustainable infrastructure more bankable by lowering transaction costs and increasing liquidity. It highlights that sustainable projects often face higher upfront capital expenditures and perceived technological risks, necessitating innovative financing. The document also references specific sustainable asset valuation assessments in Mongolia and Colombia.

The 2018 Green Economy Barometer for Mongolia highlights a significant gap between the country's international commitments and domestic implementation. While Mongolia has adopted the Green Development Policy and the Sustainable Development Vision 2030, it ranked 79th out of 80 countries in the 2016 Global Green Economy Index. The report identifies severe environmental challenges, including air pollution in Ulaanbaatar, desertification affecting 77.8% of the territory, and water scarcity. Economically, the report argues that investing 4% of GDP annually into green development could reduce poverty to 10% and unemployment by 2% by 2030. Current green employment accounts for 9.9% of total jobs. Financial needs for energy efficiency, renewables, and pollution control are estimated at over 11 billion USD, though green financing remains limited.