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The event brought together representatives from government, the private sector, financial institutions, and development partners to discuss how Mongolia can strengthen its investment environment and enable more diversified, private sector-led economic growth. The CPSD highlighted three key areas with strong potential for private investment and value creation: - Sustainable cashmere processing - Solar and wind energy generation - Exploration of energy transition minerals A pa

The event brought together representatives from government, the private sector, financial institutions, and development partners to discuss how Mongolia can strengthen its investment environment and enable more diversified, private sector-led economic growth. The CPSD highlighted three key areas with strong potential for private investment and value creation: - Sustainable cashmere processing - Solar and wind energy generation - Exploration of energy transition minerals A pa

Representatives of the Investment and Trade Agency, the Economic Development Center, the Mongolian National Chamber of Commerce and Industry, the Ulaanbaatar Chamber of Commerce and convened to exchange views on the principles for establishing a partnership in Mongolia’s investment sector and reached a common understanding. The partnership will focus on: 🔹 Developing a standard roadmap for domestic and foreign investors 🔹 Connecting investment projects and programs with pot

BlackRock FMA is a leading global firm in investment and asset management, risk management, and technology. It provides capital markets advisory services to government institutions and has extensive experience supporting national development and sovereign investment funds around the world.

As part of COP17, Carlos Ramirez, a master’s student at Harvard Kennedy School, shared his perspectives on the energy transition, green investment, and Mongolia’s sustainable development. He highlighted the importance of advancing clean energy solutions, attracting green investment, and creating sustainable development opportunities that can support Mongolia’s long-term economic growth.

As of August 17, 2026, a total of 15,107 people have registered for the Blue Zone of UNCCD COP17, with participant registration still ongoing. In connection with COP17, a total of 9,736 room nights have been booked at hotels. Meanwhile, the Blue Zone recorded 23,162 entries in total, including repeat entries, and 1,355 vehicles have entered the venue. In terms of health, safety, and on-site services, 49 people have received first-aid assistance, while 20 cases of lost or forg

Green energy. Responsible AI. Next-generation data centers. Today’s session brought Young Global Leaders, international delegates, and senior Mongolian officials together to examine how these connect and what that convergence means for Mongolia’s economy and its investment landscape.

The Young Global Leaders (YGL) community, an initiative of the World Economic Forum (WEF), is a global network of exceptional leaders from government, business, academia, civil society, and the arts who are dedicated to shaping a more sustainable, inclusive, and prosperous future. From August 3 to 7, 2026, Mongolia is hosting the Young Global Leaders Learning Journey Mongolia 2026 in Ulaanbaatar under the patronage of H.E. Nyam-Osor Uchral, Prime Minister of Mongolia. The pro

On June 29, 2026, during the Expanded Meeting of the Economic Development Board, we interviewed Tewodros Ashenafi, Chairman of the Board of SouthWest Holdings.

Copper Enough copper for 6 million electric vehicles. Every year. At full production, Oyu Tolgoi — a partnership between the Government of Mongolia and Rio Tinto — sits on one of the largest known copper deposits in the world. By 2030, it is projected to rank as the fourth largest copper mine globally. Electrification runs on copper. Mongolia has it. Source: The Frontier Journal, July 2026

Grasslands Ten times the size of the Serengeti. Mongolia’s Eastern Steppe is the world’s largest intact temperate grassland — part of an ecosystem spanning 110 million hectares and 70% of the national territory. Unlike forests, 80–90% of grassland carbon is stored in the soil, making these landscapes a globally significant carbon sink. Source: The Frontier Journal, July 2026

The value of that potential What is 33x GDP worth? At the feed-in tariffs set under Mongolia’s Renewable Energy Law, full build-out of the country’s solar and wind potential would imply annual generation revenues in the region of USD 940 billion. A theoretical ceiling, not a forecast — but it frames the scale of what remains untapped. Source: The Frontier Journal, July 2026

Energy potential - 3,300 GW. That’s our combined solar and wind potential — 2,200 GW of solar across 220–260 sunny days a year, and 1,100 GW of wind sweeping the open steppe. For scale: roughly 6.5 times India’s entire installed power capacity, and about 2.5 times that of the United States or the European Union. Mongolia is also one of the windiest places on earth. Source: The Frontier Journal, July 2026

The Ulaanbaatar Chamber of Commerce signed a Memorandum of Understanding (MoU) with the Shenzhen Chamber of Commerce of the People’s Republic of China to establish a framework for future cooperation.