Renewable Energy

Mongolia has significant potential for renewable energy due to its vast natural  resources. Improving energy storage solutions, fostering international partnerships, and creating a stable regulatory environment can help unlock this potential. As of 2023, Mongolia has 3 wind farms, 9 solar farms, and small hydropower plants, accounting for 18.3% of the total installed capacity and only 9.6% of total electricity production. Which means that the action has to be accelerated if the ambition of 30% renewable energy share is to be reached in six years period.

 

Waste management

Currently, over 2 billion tons of waste are produced globally every year. The vast majority of this waste ends up in landfills where it pollutes the local ecosystem, releases harmful emissions and creates a range of environmental and public health issues. Unfortunately, this problem isn’t going away any time soon as, by 2050, the amount of waste produced globally is expected to rise to a staggering 3.4 billion tons. One of the best ways to mitigate the environmental impact of municipal solid waste is to introduce smarter, more tech-focused solutions to the waste management industry. These innovative processes help to streamline collections, monitor waste levels and make it easier for individuals and businesses to up their rates of recycling and help the environment.