The program represents a fundamental paradigm shift in applying a transformative model to promote green territorial development and urban-rural linkages, whereby livable human settlements - aimag (province) and soum (subunit of an aimag) centers - become anchors of green agribusinesses that promote sustainable, resilient, and high-carbon sequestration rangeland management. Initially focusing on Mongolia's western aimags, the program will promote climate finance and private sector investment mechanisms that can be replicated countrywide.
Green and inclusive agro-territorial development advanced
Climate-resilient, low- carbon, and attractive aimag and soum centers developed Climate-resilient, high-carbon sequestration, and sustainable rangeland and agricultural management implemented Accessible financing for low-carbon and climate-resilient livestock and agro-business value chains created (financial intermediation loan component) Institutional capacity and policies on low-carbon and climate-resilient agro-territorial development strengthened
|Funding Agency||Amount (USD millions)||Notes|
|Asian Development Bank||140.2||Loan|
|Asian Development Bank||28||Grant|
|European Investment Bank||10.5||Grant|
|European Investment Bank||52.9|