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GCF gives green light to largest climate project to date in EBRD partnership

GCF gives green light to largest climate project to date in EBRD partnership

The Green Climate Fund (GCF) will start funding its largest climate finance investment to date following an agreement signed with the European Bank for Reconstruction and Development (EBRD).

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XacBank first Mongolian bank to finance renewable energy

XacBank first Mongolian bank to finance renewable energy

The Green Climate Fund has signed a funding agreement with Mongolian-based Direct Access Accredited Entity XacBank in the country’s first renewable energy project financed by a local bank.

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GCF hails Mongolia partnerships as model for mobilising private capital

GCF hails Mongolia partnerships as model for mobilising private capital

Mobilising private sector capital is critical to climate transformation, and GCF’s partnerships in Mongolia demonstrate how the Fund can leverage public funds to engage private investment.

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GCF backs Mongolian forum to open up low-emission, business paths

GCF backs Mongolian forum to open up low-emission, business paths

XacBank, a Green Climate Fund (GCF) Accredited Entity, is helping Mongolia forge a new sustainable phase in its economic growth by holding the bank’s first green finance forum on Wednesday.

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GCF completes USD 20 million transfer to drive clean Mongolian energy sector

GCF completes USD 20 million transfer to drive clean Mongolian energy sector

The Green Climate Fund is helping Mongolian enterprises kick start a national, low-carbon energy sector with its completion of a USD 20 million funds transfer to a Mongolian bank.

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GCF workshop nurtures cross-border ideas

GCF workshop nurtures cross-border ideas

Indonesia can learn from Mongolia’s placement of women-led small businesses on the climate action frontline, according to the representative of a state-owned corporation at a Green Climate Fund workshop.

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GCF begins funds transfer to Mongolia’s XacBank

GCF begins funds transfer to Mongolia’s XacBank

The Green Climate Fund has completed the initial tranche of a USD 20 million financing package to XacBank, a leading lender in Mongolia.

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Mongolia’s XacBank signs accreditation agreement as GCF Partner

Mongolia’s XacBank signs accreditation agreement as GCF Partner

Mongolia’s XacBank today signed an Accreditation Master Agreement (AMA) with the Green Climate Fund, setting out its partnership with GCF to forge low-emissions and climate-resilient development paths in Asia.

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