The EITI encourages multi-stakeholder groups to explore innovative approaches to make the EITI more relevant and useful.

• Mongolia’s EITI Reports are very comprehensive, with roughly 1000 companies reporting.  
• By 2016, all 21 provinces and 14 districts had established tripartite subnational EITI councils.
• Reporting entities disclose EITI information through an online reporting system.
• An online query tool allows users to visualise legal ownership information on some companies.

Mongolia joined the EITI in 2007. On 13 February 2018 Mongolia was found achieved satisfactory progress in implementing the EITI Standard on its second Validation. View more information under the Validation section of this page or go to the Board's decision in full.

The key objectives of Mongolia’s EITI implementation include establishing the EITI Report and eReporting system as the most reliable source of information on the extractive industries, with EITI data contributing to public debate, enhance stakeholders’ capacity and mutual trust as well as ensuring the sustainability of the EITI process.

Governance

The Government of Mongolia committed to implement EITI in December 2005 and was admitted as EITI Candidate on 27 September 2007. A  Memorandum of Understanding sets out the commitment to EITI implementation by the government, extractive companies and civil society. Resolution no. 80 (2007) establishes the responsibility of government bodies in EITI. A National Council coordinates and monitors implementation of the EITI in Mongolia, chaired by the Prime Minister of Mongolia, Sumiyabazar Dolgorsuren, Minister of Mining and Heavy Industry and has 30 members. A Multi-Stakeholder Working Group (MSWG) is in charge of implementing EITI activities, counts 33 members and is chaired by the senior advisor to the Prime Minister Nandinjargal Ganbold, State Secretary of the Ministry of Mines and Heavy Industry. Since November 2018, the National Secretariat has been under the Ministry of Mining and Heavy Industry. Resolution no. 19 (14 July 2010) commits the government to finance the cost of EITI Reports from fiscal year 2011 onwards through the budget of the Prime Minister’s Department, and directs regional and local governments to disclose all revenues paid by the holders of exploration and exploitation licenses as part of the EITI process. The current Minerals Law of Mongolia (§48.10) requires mining holders to publicly disclose product sales, and taxes and payments paid to the State and local budgets annually. Development of a draft EITI law is in progress.

Timeline

The Board decided that Mongolia had achievied satisfactory progress in meeting the EITI Standard on 13 February 2018. The country was previously found to have made meaningful progress on 11 January 2017 during the First Validation. Mongolia took corrective actions on a number of requirements and achieved satisfactory progress during the second Validation. Mongolia’s third validation commences on 13 February 2021.