cover image: Mongolia - Country Climate and Development Report (English)

20.500.12592/1o5oxjv

Mongolia - Country Climate and Development Report (English)

16 Oct 2024

Mongolia's development prospects are uniquely challenged by both the impacts of climate change and the global shift toward a low-carbon economy. The country's efforts toward decarbonization pose significant challenges given the structurally high-emission intensity of its economy. While challenging, climate action also presents Mongolia with opportunities to achieve important development benefits. The effects of climate risks and the shift away from coal will have diverse impacts across different regions, communities, and socioeconomic levels. The report assesses the critical interconnections between Mongolia's development ambitions and climate change action and identifies ways to transition to a more economically diversified, inclusive, and resilient development path. It highlights key climate and transition risks affecting Mongolia's future development and presents a pathway to enhance climate mitigation and adaptation. The report also makes a case for strengthening policies to enhance resilience to climate change and ensure a just transition, particularly for the most vulnerable. The report is structured as follows: section 1 gives introduction. Section 2 delves into the linkages between development and climate in Mongolia and presents model-based findings on the economic and poverty impacts of climate change under different scenarios. Section 3 covers four in-depth sectoral analyses. The first two mainly focus on adaptation to climate change in the agriculture and water sectors. The third considers prospects for the extraction sector, while the fourth sectoral analysis focuses on decarbonizing power and heat generation. Section 4 shifts the focus to how the government can boost resilience for climate-vulnerable populations. Section 5 outlines options for mobilizing private and public financing and private investments to support the green transition. Section 6 examines the existing institutional and governance structure for climate action and presents recommendations to improve its effectiveness, and section 7 concludes with a framework for prioritizing the policy actions outlined in this report.
mongolia climate change climate resilience urban development climate change adaptation climate change mitigation transport economics climate resilient development green cities transport governance east asia and pacific resilient cities low carbon development urban transport policy and planning transport and urban development low carbon city development transport and sustainable development transport impact on the environment transport and climate change low-emissions transport

Authors

Diaz Sanchez,Jose Luis, Pollitt,Hector Ben, Ruta,Giovanni, Batmunkh,Undral, Twum,Anna Godfriedovna Okutu, Soumya,Hassan Balasubramanya, Dondog,Badamchimeg, Blackman,Andrew, Enkhtuya,Dulmaa, Fadika,Fatoumata Den Lamari, Fritz,Verena Maria, Georgieva,Sophia V., Hernandez Uriz,Zenaida

Disclosure Date
2024/10/16
Disclosure Status
Disclosed
Doc Name
Mongolia - Country Climate and Development Report
Pages
114
Product Line
Advisory Services & Analytics
Published in
United States of America
Rel Proj ID
MN-Mongolia Country Climate Development Report -- P500504
Unit Owning
EFI-EAP-MTI-MacroFiscal-1 (EEAM1)
Version Type
Final
Volume No
1

Table of Contents

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