Mongolia, Nov. 6 -- The Asian Development Bank (ADB) has approved a $32 million financing package to help the Government of Mongolia strengthen disaster preparedness by modernizing the country's disaster early warning system.The financing comprises an $18 million loan from ADB's concessional ordinary capital resources, $12 million loan from ordinary capital resources, and a $2 million grant from the ADB administered Asian Development Fund (ADF). The project will enhance Mongolia's capacity to respond to major hazards such as floods, storms, wildfires, earthquakes, and dzud-a severe winter condition that can cause mass livestock deaths. Mongolia is among the world's most disaster-prone countries. From 2015 to 2024, the country recorded over ...