
Stocktaking on Inclusive Green Economy in Central Asia and Mongolia: A Sub-Regional Perspective was produced as part of the United Nations Environment Programme (UNEP) project “South-South Cooperation in Mongolia and Central Asian Countries: Sharing Knowledge on Inclusive Green Economies”. The project aimed to support Mongolia and Central Asian countries in developing their research capacity in the area of Green Economy and Ecological Civilisation and to share this knowledge with decision-makers and technical experts through knowledge exchange between China, Central Asian countries, and Mongolia.

Green finance is a strategy for financial sector and broader sustainable development that is relevant around the world. But the context differs considerably for different countries. Developing countries, notably those with underdeveloped financial systems, face particular challenges in financing national development priorities.
Broadly, concern and action to align financing to sustainable development is concentrated in three areas:

The UNDP-UNEP Poverty Environment Initiative (PEI) offers a unique way of tackling these issues together by offering policy options to governments on how sustainable use of natural resources can help reduce poverty and maintain economic growth. With strong support from six donors globally, PEI in Asia Pacific is working with nine countries to mainstream pro-poor natural resource management into economic policies and decision making to achieve more inclusive green economies.

In Mongolia, GGGI has worked with the Government to explore a variety of scenarios and possible mixes of energy systems. The analysis reflected in this slim volume is an initial review of data and trends in Mongolia. The challenge in the next step is to convert these initial insights into policies and regulations that are implemented consistently over time. Success of these policies will also depend on the positive collaboration between the public and private sector.