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Use
of Sustainable Livelihoods Approaches
The
Sustainable Livelihoods Project supports the first phase of
the Sustainable Livelihoods Program. The project will bring
an effective approach to promoting improved, secured, and
sustainable livelihood strategies developed, demonstrated,
and validated in selected areas, and institutional capacity
created so that these strategies can be replicated and scaled-up
in the second phase of the Program.
The
project consists of four components:
- Pastoral
risk management will reduce the vulnerability of herders
and enhance their resilience to drought, dzud (winter disasters),
and other shocks through risk forecasting and contingency
planning, grazing and pasture management, herder self-help
initiatives, and hay and fodder enterprise development.
- Micro-finance
outreach will provide micro-finance services to targeted
poor and vulnerable non-poor households and individual achieved
in remote rural areas of the eight core aimags through the
creation of a micro-financed development fund and the strengthening
of revolving loan funds.
- Local
initiatives fund will establish effective mechanisms by
which all members of the targeted communities can come together
to identify their key infrastructure development needs and
prioritize them for potential sub-project financing.
- Project
management will build on existing program management structure
for project implementation.
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