26 March 2025

Inside INFFs: Experience from the Mongolia Financial Regulatory Commission


Mongolia is leading by example with a government-endorsed INFF strategy and bold steps to grow its green and sustainable finance ecosystem.

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Mongolia is leading by example with a government-endorsed INFF strategy and bold steps to grow its green and sustainable finance ecosystem.


Author

Dulguun Battulga
Director General, Securities Markets Department, Financial Regulatory Commission, Mongolia


Country

Mongolia

Region

Asia

Building Block

Financing strategy


Mongolia has emerged as a frontrunner in implementing its Integrated National Financing Framework, with its strategy endorsed at the highest political level and a second-phase action plan already underway through 2028. 

In this interview, Dulguun Battulga, Director General, Securities Markets Department, Financial Regulatory Commission shared how Mongolia’s Financial Regulatory Commission is driving green and sustainable finance by introducing tools like green and SDG taxonomies, green bond regulations and robust verification mechanisms to prevent greenwashing—laying the foundation for a credible, climate-aligned financial future.