XacBank is a commercial bank founded in 2001 and headquartered in Ulaanbaatar, Mongolia. XacBank is an accredited entity of the Green Climate Fund (GCF). In one of their approved GCF funding proposals in 2017, the bank expanded Business Loan for GHG Emissions Reduction program, an on-lending program to lessen capital burdens for Mongolian micro, small, and medium-sized enterprises who are investing in energy efficiency or renewable energy technology. As part of the GCF approval, XacBank has prioritized improving internal monitoring and evaluation capacities.

VIENNA. REEEP (Renewable Energy and Energy Efficiency Partnership) has joined forces with the Climate Technology Centre and Network (CTCN), the operational arm of the United Nations Framework Convention on Climate Change (UNFCCC) Technology Mechanism, to launch Climate Tagger. This new tool, which automatically scans, labels, sorts and catalogues data and document collections, will help knowledge-driven organizations in the climate and development arenas streamline their information resources, and connect them to the wider climate knowledge community.