Strategic Planning for Peatlands (ADB-48062-002)

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
Dec 12, 2014
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)
$ 0.40 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 Jul 10, 2020

Disclosed by Bank Mar 24, 2017


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Project Description

According to ADB website, the TA supports the Interim Country Partnership Strategy (ICPS) for Mongolia, 2014 2016 as part of the core sector on agriculture, natural resources, and rural development. The ICPS indicates that, in order to prevent natural resource degradation and environmental pollution, ADB will support sustainable management of natural resources (i.e. water, land, forests, and peatlands), water security and information management, and protected area management.

The TA directly responds to the priorities identified in the National Action Program on Climate Change (NAPCC, ratified by parliament in 2010) in Mongolia. The TA responds to NAPCC Strategic Objective 1, on supporting the establishment of the institutional framework on climate change; Strategic Objective 2, on strengthening national adaptation capacity; Strategic Objective 4, on capacity building related to climate change monitoring; and Strategic Objective 5, on community participation and livelihood support in relation to climate change. Safeguard categorization does not apply for this project based on bank's documents.

Investment Description
  • Asian Development Bank (ADB)
Contact Information

Project Officer: Lopez, Alvin
East Asia Department
No contact information provided

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