Sustainable Forest Management to Improve Livelihood of Local Communities (ADB-48061-002)

Countries
  • Mongolia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jan 13, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Mongolia, Ministry of Environment and Tourism
The holder of the loan, grant, or other investment.
Sectors
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 18, 2017

Disclosed by Bank Mar 17, 2017


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Project Description
According to ADB website, the proposed TA is in line with ADB's Interim Country Partnership Strategy for Mongolia, 2014_2016 to support the government's overarching strategic goal of inclusive and environmentally sustainable growth, and in particular to help Mongolia adapt to the impacts of climate change by supporting the efficient use and sustainable management of natural resources. Additionally, it will contribute to ADB's Strategy 2020's drivers of change, private sector development, gender equity, and partnerships including cooperation with civil society. The proposed TA is included in the country operations business plan, 2014-2016. The expected impact of the TA will be sustainable livelihood and increased resilience of forest ecosystems. The outcome will be sustainable forest management practices developed and implemented in five northeastern soums. Safeguard categorization is not applicable.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Robertson, Suzanne Kay East Asia Department No contact information provided at the time of disclosure. ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main