21/08/2026
National Green Lab / Үндэсний Ногоон Лаб
Mongolia’s Minister of Energy, B. Naidlaa, highlighted the strategic importance of UNCCD COP17 as a global platform bringing together international partners, policymakers, financiers, and investors.
With COP17 taking place in Mongolia, the country has a unique opportunity to engage directly with international partners and present its development priorities. For the energy sector, Mongolia is showcasing its Energy Transition Strategy, setting out the country’s vision for how its energy needs will be met through 2050 and creating opportunities to attract investment, financing, technical assistance, and international support.
The Minister also emphasized the role of the National Green Lab in turning promising ideas into bankable projects. Many projects have strong concepts and potential financing, but lack the connections and development support needed to become investment-ready. The National Green Lab can help bridge this gap by supporting project development, connecting projects with financial institutions and investors, and helping them meet the requirements for financing.
Going forward, the Ministry is considering opportunities to bring energy projects into the National Green Lab pipeline. COP17 is already creating opportunities to showcase Mongolia’s energy sector, facilitate project-level discussions, and build partnerships with international financial institutions and investors. The Minister noted recent discussions with Japan’s Vice Minister for Environment and Climate Change, UN representatives, and executives from international financial institutions and banks on potential areas of cooperation and support.
Mongolia has significant renewable energy potential, with an estimated 1,100 GW of wind and 2,200 GW of solar resources. As domestic energy demand grows—including with the rapid development of artificial intelligence and other energy-intensive industries—Mongolia has an opportunity to leverage these resources not only to meet domestic demand, but also to develop a future energy export industry.
The Minister emphasized Mongolia’s ambition to share its abundant renewable resources with neighboring markets, including Japan, Korea, and China, positioning clean energy as a potential source of export revenue and long-term economic growth.
“Coal will eventually run out, but solar and wind are an enduring resource passed down to us by our ancestors.”
While Mongolia continues to address its current capacity constraints, the Ministry expects to overcome these challenges in the coming years and increasingly position the energy sector not simply as a source of energy, but as a source of economic value, investment, and exports for Mongolia.