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Index-Based Mortality Livestock Insurance in Mongolia
This briefing describes the Index-Based Livestock Insurance (IBLI) project in Mongolia, a public-private partnership supported by the World Bank. The program uses an index of aggregated criteria, such as regional livestock mortality rates, to trigger payouts rather than individual loss assessments. This approach aims to provide financial security to herders facing climate-related risks, specifically 'dzuds' (extreme weather events), while encouraging the adoption of sustainable grazing practices to build long-term resilience.
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Document type: Briefing
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