Integrated Livelihoods Improvement and Sustainable Tourism in Khuvsgul Lake National Park Project (ADB-48216-001)

Countries
  • Mongolia
Where the impacts of the investment may be experienced.
Specific Location
Khuvsgul aimag
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
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
Active
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 7, 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
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)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 3.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 3.18 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Aug 11, 2017

Disclosed by Bank Sep 27, 2016


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Project Description
Khuvsgul Lake National Park (KLNP) in Khuvsgul aimag supports a rapidly expanding but uncontrolled tourism industry, and a small local population which is poor, receives few benefits from tourism, and is dependent on subsistence use of natural resources. The proposed grant will support local livelihoods through improved capacity for sustainable tourism and subsistence activities, in participation with the park administration and other key stakeholders. The project design adopts an integrated approach for livelihoods, tourism, waste management, and land use planning, and will serve as a model for other protected areas in Mongolia.
Investment Description
  • Asian Development Bank (ADB)
Grant by Japan Fund for Poverty Reduction Government US$ 0.18 million
Contact Information
Ministry of Environment and Tourism DOLGOSUREN@TUULGOL.MN Government Building II, United Nation's Street 5/2, Chingeltei District, Ulaanbaatar 15160, Mongolia 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