The Sustainable Banking and Finance Network (SBFN), an initiative under the International Finance Corporation (IFC), conducts biennial assessments of member countries’ progress in sustainable finance.

According to the 2025 evaluation, Mongolia has advanced to the “Consolidating” level, marking continued improvement in its sustainable finance system.

Between 2021 and 2023, Mongolia was ranked at the “Advancing” level. The country’s latest progress reflects effective actions to address climate risks and strengthen financial sector support for sustainability.

Source: Zuuniimedee newspaper 2025.10.31 № 206 (7703), Friday.