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Lesson
Having local partners (e.g., in the PRC) facilitate workshop organization and implementation.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
The TA project benefitted from a broad network of partners from the PRC and independent accountability mechanism that contributed to mobilizing a large number of workshop participants and to getting rich inputs to improve the quality of the initial draft of the regional framework.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
For a TA project that is policy-related, buy-in of target countries is very important in realizing the outputs and results.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
Collaborating with a wider network of stakeholders which may sometimes be time consuming certainly improves the quality of results.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
India, Indonesia and the PRC all expressed the need for capacity building TA project and support to tailor the generic accountability mechanism framework to their country situation.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
Knowledge sharing on the AMF should be supported by a national government agency for it to be effective. The development of the national AMF in the PRC moved forward because a key policy regulatory agency led it with support from the TA project.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
It is not only the competence of consultants that is important but also their ability to navigate the consultant management system that determines timely closure of TA accounts.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
They also identified a lack of local currency green bond issues and the absence of investors with responsible investment mandates as reasons for the immaturity of green bond markets.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+4
Report Date:
Lesson
There are concerns on the additional costs associated with green bond issuances, as well as reputational risk if their bonds lose their green status

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+4
Report Date:
Lesson
Based on the findings of the study under the TA, market participants and regulators in ASEAN+3 countries identified the absence of a linkage between national goals to improve the environment (as reflected in national commitments associated with the UN SDGs) and the development of green bond markets. There is low awareness of green bonds among issuers and investors in most ASEAN+3 countries. Many market participants are unfamiliar with green bonds and through the middle of 2017, those with some awareness often had only a cursory understanding.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+4
Report Date:
Lesson
Furthermore, clear regulatory guidance from relevant market regulators are seen as key to promote sustainable finance in ASEAN+3.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+4
Report Date:
Lesson
Capacity building assistance including the provision of necessary facilities and equipment, which is important in protecting the Chatyr-Kul lake wetlands, should have been included in the beginning to mitigate the negative environmental impacts of the project road section traversing the protected area.

Project Number: 42399-023
Project Name: CAREC Corridor 1 (Bishkek–Torugart Road) Project 3
Report Date:
Lesson
The results of the prefeasibility analysis at appraisal should be clearly presentedin the RRP, including information on traffic surveys and forecast; and the estimate of the projectEIRR, including sensitivity analysis results.

Project Number: 42399-023
Project Name: CAREC Corridor 1 (Bishkek–Torugart Road) Project 3
Report Date:
Lesson
The project road alignment should be fixed at project inception so that environmental, land acquisition andresettlement, and indigenous peoples’ safeguards could be prepared more comprehensively.

Project Number: 42399-023
Project Name: CAREC Corridor 1 (Bishkek–Torugart Road) Project 3
Report Date:
Lesson
The TA project supported 19 DMCs (including subregional initiatives in the Central Asia Regional Economic Cooperation, Greater Mekong Subregion, and the Pacific) in 11 sector or thematic areas through 67 activities during TA project implementation. It has received positive responses from ADB’s operational departments and DMCs, contributing to the mainstreaming ICT in ADB operations.

Project Number: 48240-001
Project Name: Information and Communication Technology for Development Initiative Facility in Asia and the Pacific
Report Date: