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Lesson
Ownership of the reform process is critical and, given the experience of this, it will remain so. The reform agenda was fully in line with government and ADB strategies and priorities. This allowed for timely and quick support that resulted in comprehensive products. Detailed discussion on outcome indicators at the design stage is critical to finding the best possible indicators for measuring outcome.

Project Number: 51066-001, 51066-003
Project Name: Finance Sector and Fiscal Management Improvement Program (Subprograms 1 and 2)
Report Date:
Lesson
Results-based lending (RBL) is well suited if it is embedded in a wider government-owned and led program. It can be an effective modality for achieving both physical outputs and nonphysical goals. It can also make changes in national policies that go beyond the project’s physical scope. The climate risk assessments, procurement processes, and beneficiary selection criteria used in this program were also applied in non-ADB financed provinces. The instructions issued and policies adopted by the government were “national”in nature and impact.

Project Number: 50022-002
Project Name: Affordable Rural Housing Program
Report Date:
Lesson
Programmatic approaches are an appropriate and effective means to address technically challenging development problems that require long gestation periods. In this case, the government piloted and launched a highly effective program to improve the prospects of young and disadvantaged job seekers, and strengthened several existing labor market activation programs as part of a broader education reform agenda. This process covered more than 6 years and the large technical assistance (TA) grants the program attracted were instrumental to its success.

Project Number: 49117-002, 49117-003, 49117-004
Project Name: Facilitating Youth School-to-Work Transition Program (Subprograms 1, 2, and 3)
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Lesson
Coordinated use of TA is essential to support policy based lending, as this modality on its own is not well positioned to develop or deploy needed capacity. The TA grants funded by the Government of Canada provided the hands-on support necessary to develop policy and operating systems, which was followed by the program to provide the leverage to support the actual rollout of the JobStart Philippines Program (JSP).

Project Number: 49117-002, 49117-003, 49117-004
Project Name: Facilitating Youth School-to-Work Transition Program (Subprograms 1, 2, and 3)
Report Date:
Lesson
ADB has become more proactive in handling crises and providing support to its developing member countries (DMCs) by delivering emergency assistance. The process has been defined further after the COVID-19 pandemic, allowing DMC governments to access and implement emergency programs smoothly and ADB to provide resources more effectively and efficiently.

Project Number: 56147-001
Project Name: Building Resilience with Active Countercyclical Expenditures Program
Report Date:
Lesson
ADB has become more proactive in handling crises and providing support to its developing member countries (DMCs) by delivering emergency assistance. The process was defined further after the COVID-19 pandemic, allowing governments of DMCs to access and implement emergency programs smoothly and allowing ADB to provide resources more effectively and efficiently. The monitoring and reporting mechanism employed for collecting data was also streamlined and became more user-friendly after the experience with the COVID-19 Pandemic Response Option.

Project Number: 56150-001
Project Name: Building Resilience with Active Countercyclical Expenditures Program
Report Date:
Lesson
A flexible approach to respond to evolving priorities is important in maintaining the relevance of a policy-based loan (PBL) program. At the beginning of this program, further development in the oil and gas sector was a priority. However, during the 8-year program period, the government’s priority shifted to energy transition. Some of the policy actions in subprogram 3 were revised accordingly, in consultation with cofinancing partners, to reflect this development.

Project Number: 49043-001, 49043-002, 49043-003
Project Name: Sustainable and Inclusive Energy Program 
Report Date:
Lesson
It is particularly important for complex sector development programs to (i) better plan the completion timeline, (ii) avoid linking performance indicators to multiple targets, and (iii) include in the project scope components that will address major beneficiary needs (house service connections in this program) that would enhance program relevance. The weak institutional capacity of implementing agencies and water source sustainability affected the project’s effectiveness and sustainability. The gender equality and social inclusion design could also have been better aligned.

Project Number: 42267-026
Project Name: Rajasthan Urban Sector Development Program
Report Date:
Lesson
Increasing disaster risk financing (DRF) in participating DMCs is critical to reduce negative impacts on lives, livelihoods, and economic and fiscal outcomes. The program contributed to significantly higher pre-disaster financing, helping to partially fill gaps following a disaster event. Three aspects could be further explored. First, CDF was created for medium-scale disaster events that occur about every 3–10 years, whereas, in practice, qualifying events in the Pacific have occurred with greater frequency and led to higher levels of damages in certain countries.

Project Number: 50028-001, 50028-002
Project Name: Pacific Disaster Resilience Program (Phases 1 and 2)
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Lesson
The potential for success of any innovation cannot be established without taking risks.Taking the risk of an innovative program design that piloted the use of the policy-based lending (PBL) modality for contingent disaster financing (CDF)—for only the second time in ADB (following the Cook Islands’ Disaster Resilience Program) and the first time at the regional level—has led to significant success. It contributed to policy change and product innovation at ADB.

Project Number: 50028-001, 50028-002
Project Name: Pacific Disaster Resilience Program (Phases 1 and 2)
Report Date:
Lesson
A more systematic tracking of performance across countries, which could build on new assessment frameworks developed under the Public Expenditure and Financial Accountability (PEFA) program in some areas of DRM, could enhance the innovations introduced by this program, particularly phasing of interventions and a differentiated approach that addresses the challenges of implementing planning, policy, and legal frameworks in fragile and conflict-affected situations (FCAS) and small island developing states (SIDS).

Project Number: 50028-001, 50028-002
Project Name: Pacific Disaster Resilience Program (Phases 1 and 2)
Report Date:
Lesson
ADB may need to consider greater flexibility to allow an extension of the availability period of loans under the multitranche financing facility, where deemed appropriate. Because of various delays, the investment program's availability period was extended to 10 years and ended on 24 November 2020. Government requests to extend the availability beyond 2020 were declined by ADB.

Project Number: 41504-013, 41504-023, 41504-025
Project Name: Town Electrification Investment Program (Multitranche Financing Facility and Tranche 2)
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Lesson
Experience with this program validated the four reasons for the choice the policy-based lending (PBL) programmatic approach as most suitable for the development of the finance sector of Cambodia. First, financial sector development is a gradual process that requires proper sequencing. Key foundational reforms of the banking subsector must be in place before progressing to more complex reforms of the nonbank subsector.

Project Number: 44263-013, 44263-015, 44263-016
Project Name: Inclusive Financial Sector Development Program
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Lesson
Safeguard actions required for non-RBL projects are largely unsuitable for RBL programs, and this needs to be considered to improve the safeguard system assessments and categorization of future RBL programs. While safeguard concerns were satisfactorily resolved in the program, some actions in the safeguard action plan were more appropriate for a typical investment project than for an RBL program. For example, the safeguard action plan indicated the disclosure of environmental documents of senior high school classroom construction.

Project Number: 45089-002
Project Name: Senior High School Support Program
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Lesson
A design and monitoring framework could become more useful and informative for assessment if it could include quantifiable indicators for capacity building when the requirement is identified during program appraisal.

Project Number: 37192-023, 37192-033, 37192-043, 37192-044
Project Name: Power Transmission Enhancement Investment Program (Tranche 4 and Multitranche Financing Facility)
Report Date: