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Lesson
The review process and systematic monitoring of wetlands restoration project are imperative to deepen the benefits from environmental conservation and sustainable livelihood. A well developed monitoring and evaluation mechanism that would appropriately track the project status permits the timely implementation of project operation. Since project performance rating is one of the outputs of the monitoring and evaluation system, it periodically informs management on any potential risk in portfolio performance.

Project Number: 40685-013
Project Name: Jiangsu Yancheng Wetlands Protection Project
Report Date:
Lesson
Soliciting support and involving local stakeholders during project preparation ensures their greater ownership. It offers an opportunity to understand the local socioeconomic and ecological conditions surrounding the livelihoods and needs of the people. This creates effective solutions for biodiversity conservation and wetlands protection. Thus, the inclusion of natural resource users (e.g., farmers) is an essential step to ensuring that local knowledge is integrated into project planning and designing.

Project Number: 40685-013
Project Name: Jiangsu Yancheng Wetlands Protection Project
Report Date:
Lesson
Another lesson is that strong partnership and greater collaboration among FIs and stakeholders support the strengthening of financial supervision and risk management monitoring. Due diligence on the FI’s institutional capacity prior to loan approval, led to develop a complementary TA, which in turn supported in improving FI’s operational and financial management. ADB’s additional financing served as leverage to pursue recommendations from the TA, aimed to improve the FI’s financial and operational performance.

Project Number: 46268-002
Project Name: Clean Energy Finance Investment Program (Tranche 1)
Report Date:
Lesson
Particularly for loans, in-depth review on a borrower’s credit performance and the sector context, as part of the due diligence assessment, is vital for recognizing potential financial risks. Analytical measurements on financing risks (e.g., adequacy of capital ratio, contingent liabilities), risk allocation options, and risk management monitoring, for example, are key factors that enhance credit appraisal and help develop a well-structured financing scheme and related covenants.

Project Number: 46268-002
Project Name: Clean Energy Finance Investment Program (Tranche 1)
Report Date:
Lesson
Exercising greater care in estimating traffic demand projections is of utmost importance. Overly optimistic forecasts of traffic volumes can stem from using outdated or arbitrary parameters and unrealistic assumptions. For instance, elasticity values of road transport demand may have changed over time. Also, the use of national GDP as a proxy for economic activities at the regional or local level could result in unrealistic traffic forecasts. Both of these could lead to an overly designed project.

Project Number: 39176-013
Project Name: Road Network Development Program (Multitranche Financing Facility and Tranche 4)
Report Date:
Lesson
Program preparation stage benefits from upfront capacity development. Specifically, institutional capacity assessment of executing and implementing agencies at the onset is vital in planning for appropriate measures to support the agencies during the program. Technical assistance for capacity building helps complement such assessments by filling in gaps in capacity to enhance their financial, procurement, and technical capacity skills.

Project Number: 39176-013
Project Name: Road Network Development Program (Multitranche Financing Facility and Tranche 4)
Report Date:
Lesson
Defining appropriate roles for institutions and working arrangements and building institutional capacity can help them respond flexibly to changes during implementation and make the necessary changes in project design and scope.

Project Number: 43025-013
Project Name: Gansu Tianshui Urban Infrastructure Development Project
Report Date:
Lesson
Assessing uncertainties and risks thoroughly and taking appropriate mitigation measures are critical for project success. This applies more for urban infrastructure development projects with interrelated components. Adequate preparations to deal with adverse scenarios arising from financial and technical risks can help deal with cancellations and delays in project components.

Project Number: 43025-013
Project Name: Gansu Tianshui Urban Infrastructure Development Project
Report Date:
Lesson
The two different project components should have been implemented separately and provided with greater preparation and support for institutional capacity building. The second component—information service centers (output 3b)—could have received far more institutional buy-in from the ministry than it had received. This could have helped ensure that appropriate actions to address issues are made in a timely manner and reduce the project implementation delays resulting from weak procurement management.

Project Number: 39452-013
Project Name: Strengthening Governance Management Project
Report Date:
Lesson
Sound planning reduces delays in implementing procurement activities, especially for projects with interdependent components. Specifically, sufficient preparation for procurement planning, scheduling, and costing, given project-specific requirements, are vital in the timely procurement of goods and services. A well-planned procurement leads to a better management of procurement-related activities (e.g., bids, contracts, and others), which in turn, facilitates the timely completion of project components.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date:
Lesson
Undertaking a rigorous risk assessment, including possible mitigation measures during project preparation, helps minimize implementation delays and cost overruns, both of which could undermine the realization of expected project results. A thorough assessment of potential risk factors such as the soundness of supply and demand projections; adequacy and sources of O&M expenditures, including other possible cost-recovery measures; and financial arrangement among borrowers and development partners helps strengthen project preparation.

Project Number: 38164-013
Project Name: Natural Gas Access Improvement Project
Report Date:
Lesson
Assessing environmental policies and plans to address air quality at project design can optimize the choice of energy efficient technologies. An in-depth assessment on the state of the enabling and regulatory environment during project preparation helps identify the most efficient technology.

Project Number: 40634-013
Project Name: Inner Mongolia Autonomous Region Environment Improvement Project (Phase II)
Report Date: