The proposal for the “Energy Performance Contracting for Residential Retrofitting in Ulaanbaatar City” project, co-developed by GGGI Mongolia and ICLEI East Asia was shortlisted under the 6th Call NAMA Support Projects (NSPs) in 2019. Following the Detailed Preparation Phase extended through 2020-2021, the project is looking to enter the Implementation Phase by the first quarter of 2022.
The proposed project aims to create a financing mechanism for Ulaanbaatar to carry out thermo-technical retrofitting to 375 precast residential building blocks. It is expected that the project will lead to GHG emissions reduction by 219,553 tCO2e, and over 53,000 residents will directly benefit from improved thermal comfort, indoor air quality, and increased value and lifespan of the buildings. ICLEI East Asia was leading the work packages of financial mechanism design and stakeholder engagement, to ensure the primary beneficiary – i.e. the household – would be supporting the retrofitting project.