The Asian Development Bank is working with Mongolia on the potential to replicate the Risk-Layered Disaster Relief Finance Program it recently implemented for the Kyrgyz Republic and Tajikistan
ADB discussing Risk Layered DRF with Mongolia
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Asian Development Bank discussing Risk-Layered disaster risk transfer with Mongolia
 The Asian Development Bank is working with Mongolia on the potential to replicate the Risk-Layered Disaster Relief Finance Program it recently implemented for the Kyrgyz Republic and Tajikistan, which puts sovereign parametric risk transfer instruments including catastrophe bonds as part of the conversation.
Recall that the Asian Development Bank (ADB) implemented its first Risk-Layered Disaster Relief Finance Program in those two countries earlier this year, with the project combining Contingent Disaster Financing (CDF) and the first Disaster Relief Bonds (DRB) (or catastrophe bonds) directly issued by the Bank.
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