Catalytic Agriculture and Natural Capital Development (ADB-58225-001)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Mongolia
Geographic location 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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 12, 2024
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Mongolia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Technical Cooperation
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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 0.30 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 0.30 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jan 23, 2025

Disclosed by Bank Dec 12, 2024

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the ADB, the proposed technical assistance (TA) aims to support the Government of Mongolia to develop a well-assessed roadmap for how sustainable and competitive agriculture and livestock sector could be promoted and achieved in Mongolia by:

(i) designing production, processing, and marketing policies for Mongolia that are 'demand-led;
(ii) introducing systems and nodes in the supply chain that facilitate the production of consistent, quality raw material and agriculture products that respond to market signals;
(iii) improving the implementation and enforcement of government regulations dealing with animal health and sanitary and phytosanitary (SPS) standards that are aligned with international agreements or best practices;
(iv) introducing incentives for investment in the livestock and meat supply chain that will create modern, sustainable value chains that are transparent and responsive to consumers;
(v) linking the commercial export strategy to production policies that will improve exports, mitigate climate change, and improve farmers' and herders' incomes; and
(vi) supporting the government prepare for projects in the agriculture, food, and nature, and rural development sector.

The TA is aligned with five strategic priorities of the Government of Mongolia, including:
(i) Vision 2050 published and approved by the Parliament of Mongolia (2020);
(ii) New Recovery Policy approved by the government in 2021;
(iii) President of Mongolia's initiative on food supply and food safety (June 2022);
(iv) two most recent initiatives approved in the Parliament in 2024, namely New CooperativeWealthy Herder Program' and White Gold" National Campaign' to revitalize the light industry, aiming at stimulating the economic circulation of animal-originated raw materials; and
(v) new Government Action Plans in 2024.

The project executing agency will be the Ministry of Food, Agriculture, and Light Industry (MOFALI).

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

ADB Team Leader:

Yukitsugu Yanoma - Senior Natural Resources and Agriculture Specialist; Agriculture, Food, Nature, and Rural Development Sector Office (SG-AFNR)

No contacts provided at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals

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.

How it works

How it works