The World Bank Implementation Status & Results Report Strengthening Transparency of the Extractives Industries through EITI Implementation (P176874) Strengthening Transparency of the Extractives Industries through EITI Implementation (P176874) EAST ASIA AND PACIFIC | Mongolia | Energy & Extractives Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2022 | Seq No: 2 | ARCHIVED on 05-Sep-2023 | ISR57271 | Implementing Agencies: Ministry of Mining and Heavy Industry, Mongolia Key Dates Key Project Dates Bank Approval Date: 09-Mar-2022 Effectiveness Date: 02-May-2022 Original Closing Date: 31-Dec-2023 Revised Closing Date: 31-Dec-2023 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) To support achieve transparent systematic reporting to strengthen public accountability for the management of Mongolia’s mineral wealth. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Unsatisfactory Implementation Status and Key Decisions As of October 2022, the Validation report has been finalized and submitted for board consideration, resulting in Mongolia EITI receiving a moderate assessment. The 2022 MEITI Report is expected to be completed by September 30, 2023. In January 2023, a stakeholder consultation on the draft EITI law was held in Ulaanbaatar, with the EITI secretariat playing the main organizing role. Additionally, a video clip on the 2021 EITI report has been prepared and is now available on the Mongolia EITI website at www.eiti.mn. Currently, five consultancy services are under process, and there have been no grievances or complaints from stakeholders. Risks Overall Risk Rating Risk Category Rating at Approval Previous Rating Current Rating Overall Moderate Moderate Moderate 5. Results 9/5/2023 Page 1 of 4 The World Bank Implementation Status & Results Report Strengthening Transparency of the Extractives Industries through EITI Implementation (P176874) Project Development Objective Indicators IN01323769 ►Satisfactory Progress achieved in EITI implementation (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value Meaningful Progress Meaningful Progress Meaningful Progress Satisfactory Progress Date 31-Jan-2022 23-Sep-2022 20-Jul-2023 31-Dec-2023 IN01323770 ►Number of government agencies that have implemented mainstream data reporting as required under the 2019 EITI Standard. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 31-Jan-2022 23-Sep-2022 20-Jul-2023 13-Dec-2023 Intermediate Results Indicators IN01323729 ►Training of sub-national council members, with at least one focused on gender related issues (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 3.00 5.00 Date 31-Jan-2022 23-Sep-2022 20-Jul-2023 31-Dec-2022 IN01323730 ►Multi-Stakeholder Group reaching gender parity (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 30.00 30.00 30.00 48.00 Date 31-Jan-2022 23-Sep-2022 20-Jul-2023 31-Dec-2022 IN01323766 ►Implementation of the Beneficial Ownership Roadmap (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No Yes Yes Date 31-Jan-2022 23-Sep-2022 20-Jul-2023 31-Mar-2023 IN01323767 ►Completing data systemization (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target 9/5/2023 Page 2 of 4 The World Bank Implementation Status & Results Report Strengthening Transparency of the Extractives Industries through EITI Implementation (P176874) Value No No No Yes Date 31-Jan-2022 23-Sep-2022 20-Jul-2023 30-Jun-2023 IN01323768 ►Disclosure of EITI required data by SOE's (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 5.00 Date 31-Jan-2022 23-Sep-2022 20-Jul-2023 31-Dec-2023 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P176874 TF-B8169 Effective USD 0.50 0.50 0.00 0.15 0.35 29% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P176874 TF-B8169 Effective 04-Mar-2022 02-May-2022 02-May-2022 31-Dec-2023 31-Dec-2023 Cumulative Disbursements 9/5/2023 Page 3 of 4 The World Bank Implementation Status & Results Report Strengthening Transparency of the Extractives Industries through EITI Implementation (P176874) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 9/5/2023 Page 4 of 4