Gold Standard partnered with the Government of Mongolia in 2020 to help the country attract climate finance to meet its Nationally Determined Contribution and boost its citizens’ development potential.
Under the partnership, Gold Standard prepared a paper for the Government of Mongolia, which sets out the fundamentals of international carbon finance under the Paris Agreement and discusses the goals of participation and key policy considerations. It also provides an outline of the mechanics of operationalising an Article 6 mechanism in Mongolia, and how that system could fit within the Nationally Determined Contribution (NDC) in a Monitoring, Reporting and Verification (MRV) context.