The investor is a private University in Ulaanbaatar. The University teaches more than 2,000 students annually with a focus on accounting and information technology.
To improve teaching and learning conditions alike, the owners of the University decided to invest in a new campus with two buildings and under full consideration of best practices in building energy performance. The energy efficiency measures implemented included thermal insulation of the building envelope, highly efficient windows, energy efficient lighting, and ventilation systems.
With the focus on best practice, the new buildings exceeded the national energy efficiency standards by 30-35%. The overall energy savings against the baseline scenario amounted to 72%. The new buildings provide students with a superior indoor climate and all building occupants with greatly enhanced comfort levels.
The investment was partially financed through an US$ 894,098 loan.
This project was financed and implemented under EBRD’s MonSEFF facility. MonSEFF is a predecessor of the Green Economy Financing Facility (GEFF) Mongolia. GEFF Mongolia was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the Green Climate Fund and the Japan-EBRD Cooperation Fund.