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The U.S. authorities, via the US Company for Worldwide Improvement (USAID), launched the five-year, $12-million Mongolia Vitality Governance exercise that may present entry to dependable electrical energy and facilitate sustainable and inclusive financial development. USAID Mission Director for the Philippines, Pacific Islands and Mongolia Ryan Washburn formally launched this system throughout his inaugural go to to the nation and was joined by U.S. Ambassador to Mongolia Michael Klecheski, Mongolia’s Minister of Vitality Tavinbekh Nansal, Chairman of the Vitality Regulatory Fee Tleikhan Almalik, and different key stakeholders.
Via the mission, USAID will work with key authorities and personal sector companions to enhance planning and operational efficiency, information planning for brand spanking new infrastructure, allow better market competitiveness and incentivize non-public funding via clear and clear guidelines, and assist elevated adoption of contemporary clear vitality applied sciences.
“USAID has an extended historical past of supporting the vitality sector in Mongolia, from offering emergency repairs to one among Ulaanbaatar’s key energy vegetation within the early Nineties to aiding within the transition from a centrally-planned system to at least one that’s market-based,” mentioned Mission Director Washburn. “We’re proud to proceed this productive partnership with Mongolia to assist improve self-sufficiency, foster an atmosphere that may encourage non-public funding, and transition to cleaner sources of vitality.”
Mongolia at present is dependent upon imports from neighboring nations to produce roughly 20 % of its electrical energy. A extra aggressive and financially sustainable vitality sector will improve Mongolia’s financial competitiveness and create a safer home vitality provide. The mission will assist develop a extra sustainable and self-reliant vitality sector that may scale back fiscal pressures on the federal government.
USAID can even advance using clear options to modernize the nation’s vitality sector to assist enhance air high quality. Presently, the capital metropolis of Ulaanbaatar suffers from poor air high quality as a consequence of reliance on coal-fired energy technology, coupled with the burning of uncooked coal within the metropolis’s rising peri-urban ger districts. The exercise will contribute to USAID’s Local weather Change Technique, which was launched on April 22, Earth Day. Abt Associates is USAID’s implementing accomplice for this exercise.
For greater than 30 years, USAID has labored with Mongolia to advance democratic improvement, facilitate sustainable, inclusive financial development and solidify its path to better independence and self-reliance.
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