Strengthening Extractive Sector Management in Mongolia

The project aims to support Mongolia in reaching for improved and sustainable management of its extractive sector and for equitable benefit sharing for its current and future generations. The project works with the Ministry of Mining and Heavy Industry the Ministry of Environment and Tourism and the Ministry of Finance on strategic revenue management licensing and mine plans as well as environmental management and cadastral systems. Project activities include: (1) facilitating stakeholder involvement in environmental audits; (2) reviewing Environmental Impact Assessment guidelines against international best practices and recommending revisions; (3) conducting a Gender Impact Assessment of the extractive sector at the national and provincial levels; and (4) training Ministry of Finance staff in detecting and preventing tax erosion practices.

The expected outcomes for this project include: (1) strengthening the policy and regulatory framework for extractive sector management; (2) improving the implementation of extractive sector policy and regulation within and between key ministries; and (3) increasing evidence-based decision-making for sustainable and gender-sensitive extractive sector management.