Index-Based Livestock Insurance Project

The Government of Mongolia has received financing from the World Bank toward the cost of the Index-Based Livestock Insurance Project ("the Project"), and intends to apply part of the proceeds for consulting services.

The consulting services ("the Services") include conducting an impact assessment of the Project pilot activities through its development and offering of index based livestock mortality insurance to herding households.

The impact assessment will seek to attribute and estimate the contribution of the Project toward the improvement in herder livelihood and risk management conditions and to compare the result with the desired outcomes. The target group of the impact evaluation is of those rural herder households who voluntarily purchase the index-based livestock insurance product at any level of coverage (sum insured).

The time period covered by the impact assessment will be, at minimum, one annual insurance cycle that covers two consecutive calendar years. The impact assessment will attempt to incorporate as much as possible the environmental, social, economic, and political context in which the Project is implemented as a means to suggest what mechanisms were critical to the achieving observed effects.

The impact assessment is to focus on the effects accruing to herder households. Analyzing the possible impact on other stakeholder groups (insurance companies, selling agents, banking entities) is outside the scope of this assignment. The evaluation is of impact of the insurance intervention. Evaluation for relevance, effectiveness, efficiency or sustainability is outside the scope of the assignment.