Energy finance in Mongolia
Mongolia has 2 active World Bank energy projects, with $93 million committed, the 67th largest of 102 countries. 99.1% of its people had electricity in 2024.
- Committed
- $93m
- Projects
- 2
- Per person
- $26
- Electricity access
- 99.1%
Active projects
- Third Energy Sector Project$52 million
The development objective is to increase the capacity of the transmission line to provide an enabling environment for renewable energy integration in project areas and to improve the institutional capacity of Mongolia's power sector
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The Project Development Objective is to expand capacity and improve efficiency of the district heating network in selected project areas.
Source: World Bank Group, updated 22 Oct 2026.
Who else finances energy in Asia and the Pacific
- World Bank (IBRD and IDA)Loans, credits and grants to governments for generation, transmission, distribution and access. Co-leads Mission 300 with the African Development Bank, which aims to connect 300 million Africans to electricity by 2030.
- IFCEquity and loans for private power producers, utilities and off-grid companies; the World Bank Group’s private-sector arm.
- MIGAPolitical-risk insurance and credit enhancement that make cross-border energy investments bankable.
- SEFAGrants and concessional finance for project preparation, mini-grids, clean cooking and green baseload, managed by the African Development Bank.
- OPEC FundPublic- and private-sector loans and grants in developing countries, with energy among its core sectors.
- IsDBSharia-compliant finance for power, renewables and energy access in its member countries.
- GCFGrants, concessional loans, equity and guarantees for low-emission and climate-resilient projects, through accredited entities.
- CIFConcessional finance, delivered through the multilateral banks, for clean technology, renewables in low-income countries and coal transition.
- EIBThe EU’s lending arm: loans for renewables, grids and efficiency inside and outside Europe.
All lenders · How energy projects are financed · Designing a fund? CEII Fund Advisory