Mongolia, Sept. 8 -- The Asian Development Bank (ADB) has signed a $30 million loan (in togrog equivalent) with Tavan Bogd Holdings LLC to finance the construction of Mongolia's first green-certified residential complex developed by the private sector. The financing will help expand sustainable housing, reduce energy costs and greenhouse gas emissions, and introduce internationally recognized green building standards to Mongolia's residential real estate market. The financing will support the Gerlug Green Apartments project, a four-tower residential development in Ulaanbaatar's Khan-Uul District comprising 252 units. The project is targeting Excellence in Design for Greater Efficiencies (EDGE) standard certification, an international green ...