Mongolia, with its abundant solar irradiation and wind-power generation capacity, has captured the interest of private investors eyeing it as a potential location for renewable hydrogen pilot projects. The government's New Recovery Policy incorporates hydrogen production as part of its energy strategy, aiming to decarbonize the economy. The OECD report advises Mongolia on developing a vision for integrating renewable hydrogen technology into its domestic agenda. To succeed, Mongolia needs to establish domestic demand, align with international standards, and encourage firm-level investments for low-carbon transition. The nation aims to align its investment policies with low-carbon development goals to meet climate targets and achieve economic growth. As a signatory to the Paris Agreement, Mongolia targets net zero emissions by 2050, necessitating the adoption of technologies like renewable hydrogen. The global demand for renewable hydrogen is expected to soar, providing Mongolia with export opportunities. With the right policies and investments, Mongolia can leverage its renewable energy potential to become a competitive renewable hydrogen producer. Private sector interest is already growing, driven by Mongolia's renewable energy capacity and proximity to potential export markets. By securing off-take contracts and focusing on cost efficiency, Mongolia can establish itself as a key player in the renewable hydrogen market.