Mongolia Improved Governance of Extractives Project (MIGEP) (WB-P158649)

  • Mongolia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
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
Jun 23, 2016
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.
Government of Mongolia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Mining
  • Technical Cooperation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Project Cost (USD)
$ 0.57 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 @ WB website

Updated in EWS Jun 22, 2017

Disclosed by Bank Mar 23, 2016

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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.
The Minister of Finance requested continuing grant support to finance implementation of EITI by a letter of October 14 2015. The MIGEP grant will be financed by the Extractives Global Programmatic Support (EGPS) Multi-Donor Trust Fund and will be recipient executed. Three previous grants to support implementation of EITI were funded by the EITI MDTF, a global trust fund which closed on December 31, 2015 The project will support the activities essential to EITI implementation and meeting Mongolia’s obligations as an EITI member under the 2013 Standard. The Government continues to allocate funds for Reconciliations Reports for EITI each year while the costs of running the program and outreach remains funded by various grants. The proposed EITI Law has been pending submission for over a year and resources allocated by the Government remain limited. Going forward, more government engagement will be required to ensure long-term sustainability, and the EITI Law includes financing for the costs of the Mongolia EITI Secretariat. The MIGEP Grant will support the Government of Mongolia to continue implementation of the EITI and anchor it financially and institutionally in its post-compliance phase from March 1, 2016 until December 31, 2018.
Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Extractives Global Programmatic Support

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.
Ministry of Finance Contact: Bolor Tel: 97651260247 Email: ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing You can learn more about the Inspection Panel and how to file a complaint at:

How it works

How it works