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Mongolia - Index-Based Livestock Insurance Project : restructuring (Vol. 2) : Data sheet (English)

The Index-based Livestock Insurance Project for Mongolia aims to ascertain the viability of index-based livestock insurance in Mongolia to reduce the impact of livestock mortality for herders. The changes are: (1) to add an additional approximate US$1.45 million of co-financing to conduct project activities with more rigor and in-depth analysis than originally possible; (2) to create a new expenditure category for the payment of a reinsurance premium by Government and allocate funds to this category to enable government to reduce its fiscal exposure to the insurance; (3) to reallocate the proceeds of Credit to provide additional funds for training, to cover fee increases for Project Implementation Unit (PIU) staff and additional operating costs; and (4) to incorporate several other minor amendments to the legal documents.

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Mongolia - Index-Based Livestock Insurance Project : restructuring (Vol. 2) : Data sheet (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/598891468274263926/Data-sheet