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Index based Livestock Insurance Project Additional Financing (Mongolia)


Titre : Mongolie Index based Livestock Insurance Project Additional Financing (Mongolia)

Pays : Mongolie

Date d’approbation : 23-FEB-2010

Type de produit : BIRD/IDA Association internationale de développement (IDA)

Agence d’exécution : MINISTRY OF FINANCE

This project paper seeks to provide an additional credit to Mongolia Index-based Livestock Insurance Project. The additional credit will help finance the costs associated with scaling up the project from four provinces (aimags) up to an additional seventeen, depending on availability of funds. The performance of the parent project has been satisfactory and has sufficiently demonstrated that a phased scale up is now appropriate to further test viability on a larger scale. At the project’s close, the viability of the insurance will be demonstrated by the establishment of a sustainable institutional framework and capacity to operate the scheme, as well as continued willingness of insurance companies and herders to participate. The project will be streamlined based on experiences learned from the parent project however the basic design of the project will remain unchanged, with the exception of dropping the Disaster Response Product (DRP), which, while conceptually sound, has not been widely adopted and needs to be channeled though a different institutional structure. Government Catastrophe Coverage (GCC) will be introduced as a non-commercial portion of the renamed livestock risk insurance. The project development objective is modified to reflect the shift from piloting to scaling up and building capacity for sustainability.

Informations financières
International Development Association (Ida) : 10 millions de dollars EU
International Fund For Agriculture Development : millions de dollars EU
Coût total du projet : 10,7 millions de dollars EU **

** Le coût total du projet inclut l’ensemble des financements provenant de la Banque mondiale et d’autres sources, et est exprimé en millions de dollars EU.

Banque Mondiale

Page publiée le 29 août 2012, mise à jour le 10 juin 2020