Resource information
This study aims to provide the guiding
principles to the government of Mongolia (GOM) towards
creating comprehensive ex-ante risk management strategy
based on the assessment of the pros and cons of historical
approach of livestock risk management as well as best
practices around the world. For instance, it proposes an
option for the National Disaster Indemnification Program
(NDIP) that acts as a state insurance enterprise and
provides social insurance protection to herders against
extreme dzud disaster events. The report concludes that by
introducing NDIP, the GOM would have an opportunity to
introduce the social safety net product, publicly provided
and financed, to respond quickly to herders most affected by
extremely high levels of livestock losses following major
dzud event.The NDIP would assist the Government of Mongolia
and international donors to structure and distribute dzud
related disaster financing in a systematic, timely and
transparent manner, while keeping high covariate risks manageable.
