Erdenet Climate Resilience

repaying

The provision of a loan of up to US$ 7 million (€ 6.26 million) to the state of Mongolia to be on-lent to the Province of Orkhon for the rehabilitation and expansion of the flood protection infrastructure and water networks in the city of Erdenet. The city is vulnerable to flooding and its inefficient water supply system provides services to less than half of Erdenet residents. The project will increase the city's climate resilience, and improve access to drinking quality water through the reduction of substantial losses within the water network.  It is expected to be co-financed by a capital grant of up to US$ 7 million from bi-lateral or multilateral donors.