The initial estimate of financial needs for this NDC implementation is around US$11.5 billion, of which US$6.3 billion for mitigation, and US$5.2 billion for adaptation.ANNEX 1: Mongoliaâs NDC target by 2030 A. Nationally Determined Contribution Target Mongolia intends to achieve a target to mitigate its greenhouse gas emissions by 22.7 percent by 2030, compared to the business as usual scenario, excluding LULUCF. B.