KhanLex is a Mongolia-based law firm which has seen a recent growth in work relating to the area of climate finance. Having advised on a range of green finance projects in the country, the firm deals with matters such as the establishment of green housing financing schemes, the financing structuring of residential retrofitting, and the financing of renewable energy.

An example of the latter is a recent deal led by Batjargal Gombosuren, who has expertise in corporate as well as energy matters, involving comprehensive legal advice to Enserv regarding the acquisition of Mongolian renewable energy company MOSHEA Eco,  which has solar energy development rights near Ulaanbaatar.

The firm has also acted as policy and regulatory expert in connection with the identification of green investments and green projects portfolios. Uchralbayar Iderkhangai, whose broad experience covers project finance, construction and dispute resolution, and former government lawyer Enkhbat Batsukh recently assisted the European Bank for Reconstruction and Development with a request from the Ministry of Economy and Development of Mongolia to identify a green pipeline of projects and review the investment environment and policy for green development, with a focus on renewable energy.

Despite the firm’s own small carbon footprint, it has shown internal efforts to integrate sustainability into its activities and operations, such as the installation of LED lights and encouraging staff to adopt environmentally friendly habits, including reducing their use of single-use plastic.