Mongolia and ADB
In the Spotlight
Indigenous renewable energy resources are abundant in Mongolia, and the country has a highly educated science and engineering workforce. Laws and regulations are being reformed to engage the private sector in renewable energy development, although barriers remain, including low financing availability, technology costs, and red tape.
The country operations business plan 2016 for Mongolia summarizes the agreement with the government regarding ADB assistance for the year.
A project in Mongolia to modernize an antiquated health system is bringing better health care to underserved rural areas. Read this and more stories from Together We Deliver 2015, a publication highlighting successful projects that demonstrate development impact, best practices, and innovation across Asia and the Pacific.
Mongolia is being hit by a serious livelihood and food crisis arising from a slow-burning but deadly climate disaster unique to the country known as a "dzud." The dzud consists of a summer drought followed by a heavy winter snow and especially cold temperatures during winter and spring. View photo story
Following years of expansionary macroeconomic policies, a sharp drop in foreign direct investment and plummeting commodity prices see Mongolia facing serious economic challenges. These include debt accumulation, rapidly slowing economic growth, and pressure on the country’s balance of payments. While these challenges must be addressed, diversification of the economy and strengthening of social protection remain essential to alleviating poverty
ADB assistance in Mongolia works to raise the country’s standard of living by combining effective financing models with global knowledge on best practices.
Projects in Mongolia
- Strengthening Electricity and Heat Supply Network in Ulaanbaatar
- Ensuring Inclusiveness and Service Delivery for Persons with Disabilities
- Improving Access to Health Services for Disadvantaged Groups Project
- Development of Road Safety Policy and Action Plan
- Managing Soil Pollution in Ger Areas through Improved On-site Sanitation Project
Population living below the national poverty line in Mongolia (2014)
Maternal mortality ratio in Mongolia, per 100,000 live births (2015)
Population in Mongolia, in millions (2015)
Average annual population growth rate in Mongolia (2010-2015)