Country
Mongolia

Local project partner
Mongolian Mortgage Corporation (MlK), Bank of Mongolia (BoM)

German project partner
LBS NordOst

Donor
Bundesministerium für wirtschaftliche Zusammenarbeit und Entwicklung (BMZ)

Duration
01.01.2025 - 31.12.2026

Housing accounts for around 80% of all emissions in Mongolia - the project aims to promote access to financial services that help to reduce emissions in this area. Alongside ambitious political goals, the financial sector is to be strengthened through the establishment of a “green building society” and the training of Mongolian bank employees in the climate-adaptive sector.

The overarching development objective (overall objective) is to support and accompany the socio-ecological transformation of the financial sector so that living and working conditions in Mongolia are holistically improved and strengthened. This includes reducing structural inequalities and unequal treatment and achieving equal opportunities for all people, overcoming role models and empowering women and girls in Mongolia through improved framework conditions.

The thematic priorities of this project are the development of a building society and sustainable finance.