Thanks to its very high levels of solar irradiation and wind-power generation capacity, Mongolia has attracted interest from the private sector as a potential location to develop renewable hydrogen pilot projects. At the same time, the government has included the development of hydrogen production as an element of the energy pillar of its New Recovery Policy. Drawing on OECD experience and expertise in renewable hydrogen development and financing, this report aims at helping the government of Mongolia develop a vision for the potential role of this technology in its domestic agenda for decarbonising the economy. It identifies policy reforms and measures that will be needed to support such development.