Activity under preparation EU-Mongolia Global Gateway Investment Preparation Facility (GGIPF)

About this project

The Action aims at providing the Government of Mongolia with technical assistance to develop a pipeline of bankable investment projects in renewable and cleaner energy, energy efficiency and energy transition and climate-resilient infrastructure. It is expect to also cover other strategic Global Gateway sectors such as digital, transport and Critical Raw Materials (CRM). By bridging the gap between project identification and formulation, the Action will catalyse increased EU public and private investment in Mongolia, driving sustainable, sovereign and inclusive economic growth that aligns with both Mongolia¿s development priorities and the EU¿s strategic interests. To meet that objective, the Action will provide targeted technical assistance and capacity-building activities, and support coordination between Team Europe members (including European private sector and development finance institutions) and the Government of Mongolia on project identification, development and funding.The Action will also contribute to the implementation of the Memoranda of Understanding signed by EIB and EBRD with the Government of Mongolia in 2025 to unlock up to EUR 1.8 billion in investments supporting the country¿s green transition and EU companies¿ investment (including transfer of green technologies), in line with EU taxonomy. Unlike the EU Taxonomy, the Mongolian Green Taxonomy does not systematically apply a Do No Significant Harm (DNSH) principle or mandatory Minimum Social Safeguards al…

Goals

Sustainable Development Goals this project works towards

• 7Affordable and Clean Energy
• 8Decent Work and Economic Growth
• 9Industry, Innovation and Infrastructure
• 10Reduced Inequalities
• 11Sustainable Cities and Communities
• 13Climate Action

Published by

European Commission - Directorate-General for International Partnerships · Other public sector

Countries

Mongolia

Sectors

Mineral prospection and explorationBusiness development servicesEnergy generation, renewable sources - multiple technologies

Focus

Gender equality · Also contributesEnvironment · Also contributesGood governance · Also contributesClimate mitigation · Also contributesClimate adaptation · Also contributes

Published by European Commission - Directorate-General for International Partnerships to the International Aid Transparency Initiative (IATI), last updated 29 Sept 2026 and imported automatically. IATI identifier: XI-IATI-EC_INTPA-2021-ACT-63732.

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