NPC National Project Coordinator NPD National Project Director OECD Organisation of Economic Cooperation and Development PAC Project Advisory Committee PIF Project Identification Form PIMS Project Information Management System (of UNDP) PIR Project Implementation Reports PMC Project Management Cost PMU Project Management Unit PPG Project Preparatory Grant PPP Purchasing Power Parity PPR Project Progress Reports PSC Project Steering Committee QPR Quarterly Progress Report RCU Regional Coordination Unit (of UNDP, for Mongolia the relevant Asia-Pacific RCU is based in Bangkok) RE Renewable Energy RTA Regional Technical Advisor (of the UNDP Asia-Pacific Region) SBAA Standard Basic Assistance Agreement (for UN operations in a particular country) SNC Second National Communication (to the UNFCCC) TE Terminal Evaluation tCO2e Ton of carbon dioxide equivalent TOR Terms Of Reference UAC Unit Abatement Cost UNDAF United Nations Development Action Framework UNDP United Nations Development Programme UNEP UN Environment Programme UNFCCC UN Framework Convention on Climate Change USD or US$ US Dollar VAT Value Added Tax SITUATION ANALYSIS Context and Global Significance Country background After the economic reforms during the Mongolia has been one of the fastest late 1990’s, growing economies in the past decade, riding on the back of large stock of resources and immense Foreign Direct Investment (FDI) inflows to the mining sector. Real Gross Domestic Product (GDP) growth averaged 9% over the past decade, and per capita income had more than quadrupled, to over $4,000. Mining accounts directly for 20% of the economy, while the total share, including indirect impacts, is likely much higher— mineral exports account for over 40% of GDP. The economic reforms have also stimulated rapid growth in the construction sector as well as in the energy consumption pattern. Throughout
NPC National Project Coordinator NPD OECD National Project Director Organisation of Economic Cooperation and Development PAC Project Advisory Committee PIF PIMS Project Identification Form Project Information Management System (of UNDP) PIR PMC Project Implementation Reports Project Management Cost PMU Project Management Unit PPG PPP Project Preparatory Grant Purchasing Power Parity PPR Project Progress Reports PSC QPR RCU RE Project Steering Committee Quarterly Progress Report Regional Coordination Unit (of UNDP, for Mongolia the relevant Asia-Pacific RCU is based in Bangkok) Renewable Energy RTA SBAA SNC TE Regional Technical Advisor (of the UNDP Asia-Pacific Region) Standard Basic Assistance Agreement (for UN operations in a particular country) Second National Communication (to the UNFCCC) Terminal Evaluation tCO2e TOR Ton of carbon dioxide equivalent Terms Of Reference UAC Unit Abatement Cost UNDAF United Nations Development Action Framework UNDP UNEP United Nations Development Programme UN Environment Programme UNFCCC UN Framework Convention on Climate Change USD or US$ VAT US Dollar Value Added Tax SITUATION ANALYSIS Context and Global Significance Country background After the economic reforms during the late 1990’s, Mongolia has been one of the fastest growing economies in the past decade, riding on the back of large stock of resources and immense Foreign Direct Investment (FDI) inflows to the mining sector. Real Gross Domestic Product (GDP) growth averaged 9% over the past decade, and per capita income had more than quadrupled, to over $4,000. Mining accounts directly for 20% of the economy, while the total share, including indirect impacts, is likely much higher— mineral exports account for over 40% of GDP. The economic reforms have also stimulated rapid growth in the construction sector as well as in the energy consumption pattern. Throughout
PIMS_5315_MNG_NAMA_ProDoc_FINAL_260416.docx