Delegation: Mongolia

Esteemed delegates, distinguished guests, and honorable chairs

Today, we stand at the precipice of transformative change, grappling with the urgent need to
maximize our energy resources sustainably. Mongolia, endowed with vast wind and solar
potential, faces economic hurdles hindering the full utilization of these renewable sources. The
initial costs of infrastructure development and intermittency issues have impeded their
widespread adoption. However, the solution lies in strategic investment, incentivizing private-
sector involvement, and fostering international collaborations to fund and implement robust
projects. Moreover, environmental concerns loom large. Climate change threatens our delicate
ecosystems, necessitating a rapid transition to cleaner energy alternatives. Harnessing wind and
solar power not only mitigates environmental degradation but also creates a green economy,
fostering job growth and economic resilience. In the pages of Mongolia's future, the chapters on
economic and environmental maximization of wind and solar energy await our inscription. Let
us, united, script a narrative of sustainable progress and prosperity for generations to come.
Thank you!