News

World Bank approves $53 million to improve heating services and support sustainable livelihoods in Mongolia

The World Bank’s Board of Executive Directors approved $53 million in financing for Ulaanbaatar Heating Sector Improvement Project and Additional Financing of the Third Sustainable Livelihoods Project.

ADB $1 million grant to boost Mongolia’s fight against COVID-19

The Asian Development Bank (ADB) approved a $1 million grant to support the Mongolian government’s fight against the novel coronavirus (COVID-19) pandemic.

Mongolia: World Bank mobilizes $2.2 million to strengthen medical diagnostic services in response to COVID-19

The World Bank mobilized $2.2 million to help strengthen Mongolia’s hospital services in the wake of the COVID-19 pandemic. The funding will be used to purchase the most needed medical diagnostic equipment in the country.

ADB provides $1.4 million to strengthen Mongolia’s COVID-19 preparedness

The Asian Development Bank (ADB) has reallocated $1.4 million from a health project in Mongolia to procure essential medical equipment for early detection, emergency care, and management of severe respiratory diseases in wake of the novel coronavirus (COVID-19) pandemic.

ADB to help modernize vegetable production, irrigation in Mongolia

The Asian Development Bank (ADB) has approved $40 million in loans to support the modernization of government-owned irrigation networks and vegetable production in Mongolia.

EBRD finances major infrastructure project in Mongolia

Regional integration and international trade between Mongolia, [People's Republic of] China, and Russia will be boosted by the completion of a major infrastructure project supported by the EBRD.

Greening growth in Mongolia

Mongolia’s livestock industry, once the primary engine of the economy, now faces threats from climate change and overgrazing. Without prompt policy action, the national and regional costs will continue to grow, weighing on both economic growth and inequality.

New ADB country director for Mongolia assumes office

The Asian Development Bank (ADB) has appointed Pavit Ramachandran as its new country director for Mongolia.

Clean and energy efficient heating initiative for ger area residents gets boost with additional financing from the World Bank

The World Bank Board of Executive Directors approved $12 million in additional financing for the Ulaanbaatar Clean Air Project.

ADB starts second eco-tourism project for Mongolia’s national parks

The Asian Development Bank (ADB) and the Government of Mongolia wrapped up one successful eco-tourism project and embarked on a second project aimed to help Mongolia benefit from a boom in domestic and overseas tourists while safeguarding the environment.