EBRD, EU finance waste management project in Ulaanbaatar
The European Bank for Reconstruction and Development (EBRD) is providing a €7.9 million loan to Ulaanbaatar municipality to improve the Mongolian capital city's waste management. The investment is supported by €4.9 million in funding from the European Union.
The funding will help the city invest in a landfill that complies with EU standards, purchase new waste-collection equipment and introduce a construction and demolition waste plant.