MCC Mongolia Water Compact Starts 5-Year Timeline with Entry Into Force WASHINGTON, D.C., April 5, 2021 – Today, the Millennium Challenge Corporation (MCC), a U.S. Government agency, and the Government of Mongolia celebrated the launch of the $350 million Mongolia Water Compact. The partnership between MCC and the Government of Mongolia directly tackles the impending water crisis in the capital city of Ulaanbaatar, with the aim of expanding the sustainable supply of water and enhancing the long-term financial, institutional, and environmental sustainability of the water sector. The Government of Mongolia is also investing up to $111.8 million to support the investment. This significant contribution ranks among the largest ever made by a partner country in the history of MCC. It symbolizes the strong commitment and ownership of the Government of Mongolia to this priority compact.“Access to water is a critical human need. In less than three decades, the population of Mongolia’s capital, Ulaanbaatar, has nearly tripled in size and the data indicates the city’s demand for water will soon exceed supply,” noted