Conservation of Forest Genetic Resources (ADB-50012-001)

Countries
  • Mongolia
Where the impacts of the investment may be experienced.
Specific Location
Khentii, Khuvsgul, and Selenge
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
Approved
Bank Risk Rating
B
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
Nov 18, 2016
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
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 0.50 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 10, 2017

Disclosed by Bank Nov 22, 2016


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Project Description
The technical assistance (TA) will support the government's forest policies, particularly the Ministry of Environment, Green Development, and Tourism (MEGDT) Forest Conservation Program, and strengthen government initiatives to develop FGRs assessment, characterization and monitoring systems. It will support one of six National Development Strategy priorities: contain the depletion of animal and plant life, and create conditions for their natural recreation and sustainable use. It will also take measures to (i) study the dispersal and reserves of rare and extremely rare plant species, (ii) create and protect their gene pool, (iii) establish a system of registration, information and monitoring, (iv) elaborate a plan for their proper use, and (v) provide for restoration and cultivation of rare plants.
Investment Description
  • Asian Development Bank (ADB)
Japan Fund for Poverty Reduction administered by ADB
Contact Information
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