PROJECT

Projects

Summary of Collaboration or Co-Development Project

Project Number

608566

Sponsor

MCS (MONGOLIA) LLC,Net Zero Energy LLC,Net Zero Technology LLC

Date SCCP Disclosed

Jun 12, 2026

Country

Mongolia

Region

East Asia and the Pacific

Last Updated Date

Jun 15, 2026

Industry

Infrastructure

Sector

V-B - Renewable Energy Generation

Department

Regional Industry - INF Asia & Pac

Project Description

IFC has signed a Collaboration Letter Agreement (CLA) with Net Zero Energy (NZE) to support the company with guidance related to development of the optimal renewal energy solutions for providing supplemental power to mining operations in Mongolia. IFC’s support and expertise will play a crucial role in enabling NZE's contribution towards the development of renewable energy solutions.

E & S Information

The ESIA for the Project will be undertaken by the Sponsor, Implementing Agency, and related contractors to meet applicable national Environmental and Social (“E&S”) laws and IFC Performance Standards (“IFC PS”) such that the Project is designed, constructed, and operated in compliance with IFC PS and other relevant and applicable E&S requirements. Potential key project and contextual E&S risks and issues are typical to wind energy projects and include: a) biodiversity conservation, including natural habitat identification and management and bird collision risk prevention and mitigation; b) land use, access and use of water resources, and related livelihood issues, including consideration of nomadic herders; c) community and occupational health and safety; d) supply chain management, where applicable; and e) stakeholder engagement and community grievance management. IFC, as potential investor in the Project, will review the ESIA and provide recommendations for appropriate mitigation measures, wherever warranted.