World Bank Boosts Mongolia’s Sustainable Livelihood Scheme

    The World Bank is providing a further $11 million to the second phase of a three-phase program that aims to improve livelihood security and sustainability of Mongolian communities.

    Started in 2007, the second phase of the Sustainable Livelihoods Program, or SLP II, eyes a nationwide scaling up of the innovative approaches to decreasing herder risk, building local assets through citizen engagement and contributions and increasing access to financial products piloted during the earlier phase.

    Aside from the World Bank, the European Union and Japanese government are backing SLP II.

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    About the author

    • Eliza Villarino

      Eliza Villarino currently manages one of today’s leading publications on humanitarian aid, global health and international development, the weekly GDB. At Devex, she has helped grow a global newsroom, with talented journalists from major development hubs such as Washington, D.C, London and Brussels. She regularly writes about innovations in global development.