Energy Efficient Construction Or Insulation Material

worker insulating building

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Energy Efficient Construction Or Insulation Material
Energy Efficient Construction Or Insulation Material
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Infrastructure
Infrastructure
Business Model Description

Invest in B2C/B2B businesses engaged in production of low carbon and energy efficient insulation materials.

Mongol Basalt JSC, founded in 2007, produces building heat insulation materials using basalt stones. The product is fire resistant and helps reduce carbon dioxide and air pollution as well as saves thermal energy consumption of buildings by 60-70%. The Company was named as the Best Energy Efficiency Technology Innovator in 2018. (7)

Ecowool LLC manufactures building insulation materials using sheep wool, and exports insulation material. The Company strives to develop products and solutions to deliver low carbon and sustainable building materials.

CHIP (cooking, heating and insulation products) package, provided by the Government of Mongolia's Green Loan Program, gives ger district households stable and clean heating and warmth throughout winter months, thereby helping to reduce both indoor and outdoor air pollution. Currently, the package is offered to households at an interest rate of 1.8% per month for a duration of 30 months.

Expected Impact

Provision of energy efficient insulation solutions to reduce air pollution and improve quality of life of those residing in the informal settlements.

How is this information gathered?
Updated: 8 Jul, 2023 Date of Production: 9 Jul, 2023
Mongolia
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
10% - 15% (in GPM)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Good health and well-being (SDG 3) Decent Work and Economic Growth (SDG 8) Sustainable Cities and Communities (SDG 11)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Gender Equality (SDG 5) Reduced Inequalities (SDG 10)

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Sector Sources
  • 1) World Bank, 2018, TCData 360 Mongolia,https://tcdata360.worldbank.org/indicators/trade.fac.infr?country=BRA&indicator=332&viz=line_chart&years=2007 (2) Switch Off Air Pollution (2021), Impact Sheet: Energy efficiency advisory and financial intermediation for sustainable housing in unplanned areas of Ulaanbaatar (3) Asian Development Bank (2018), Funding proposal: Ulaanbaatar Green Affordable Housing and Resilient Urban Renewal Project (AHURP) (4) Nationally Determined Contributions of Mongolia, https://www4.unfccc.int/sites/submissions/INDC/Published%20Documents/Mongolia/1/150924_INDCs%20of%20Mongolia.pdf (5) UNICEF Mongolia, https://www.unicef.org/mongolia/environment-air-pollution (6) GIZ (2022), Energy Efficiency in the Building Sector for a More Sustainable Mongolia
IOA Sources
  • (7) Mongolian Stock Exchange, (2021), Annual report of Mongol Basalt JSC. https://mse.mn/uploads/images/_%d0%b6%d0%b8%d0%bb%d0%b8%d0%b9%d0%bd_%d2%af%d0%b9%d0%bb_%d0%b0%d0%b6%d0%b8%d0%bb%d0%bb%d0%b0%d0%b3%d0%b0%d0%b0%d0%bd%d1%8b_%d1%82%d0%b0%d0%b9%d0%bb%d0%b0%d0%bd_2018.02.pdf (8) UNDP (2018), Nationally Appropriate Mitigation Actions (NAMA) in the Construction Sector in Mongolia (9) Switch Off Air Pollution's Research Report on Developing Database of MSMEs operating in the Construction Industry of Mongolia, 2019 10) Government of Mongolia, United Nations Mongolia and Joint SDG Fund, 2021, Integration of Gender Responsive Financing Practices in Mongolia’s Financial Sector