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Lesson
Extension of the TA for one year due to foreseeable events would not have been necessary had the TA been designed more appropriately.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
On the output indicator, understanding of the underlying environment, including quality of data, through pre-investigative works could have ensured better design of TA outputs.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
Based on further information provided by ERCD, ensuring that adequate resources are allocated to finance important associated costs (e.g., hiring of dedicated staff to monitor use of proceeds and to ensure compliance with post-issuance reporting requirements) could help facilitate sustained increase in green bonds issuance.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
The TCR could have elaborated on the need for consultants to ably navigate (or be supported to navigate) the consultant management system to ensure timely closure of TA accounts.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
The TCR could have TCR could have provided further details about the national agenda/initiatives from India, Indonesia, and the PRC (Green Finance Initiative) brought about by the experience in developing this regional AMF. Based on the wrap-up workshop brief, staff from the East Asia Deparment, Central and West Asia Department, Office of the Special Project Facilitator, South Asia Department, and Sustainable Development and Climate Change Department, were present. Such details and other lessons from the Manila wrap-up workshop could have been mentioned in the TCR as well.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
The TCR could have further discussed the benefits or disadvantages of having government agencies as local partners, such as the Policy Research Bureau of the China Banking and Insurance Regulatory Commission, facilitate workshop organization and implementation.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
Realistic outcomes in nonrevenue water (NRW) normally suggest that NRW reduction take time and are not capital intensive or asset specific.

Project Number: 41548-013
Project Name: Issyk-Kul Sustainable Development Project
Report Date:
Lesson
Twinning of utilities can have a positive impact on utility performance and specific results; however, as with this project, issues concerning compatibility and outcome targets may arise.

Project Number: 41548-013
Project Name: Issyk-Kul Sustainable Development Project
Report Date:
Lesson
Strategic environmental impact assessment should be considered to justify and strengthen ADB’s continued commitment and presence in the Issyk-Kul region and clearly provide ADB’s value addition.

Project Number: 41548-013
Project Name: Issyk-Kul Sustainable Development Project
Report Date:
Lesson
Misprocurement can be avoided by (a) ensuring proper pre-qualification of bidders; and (b) defining clear evaluation guideline that will allow for skeptical review of bids that are well below a defined threshold to ensure that the winning bidder has the financial and technical capacity to perform.

Project Number: 41548-013
Project Name: Issyk-Kul Sustainable Development Project
Report Date:
Lesson
Financing project contingencies through counterpart funds can encourage better utilization of loan and grant proceeds.

Project Number: 43456-023
Project Name: Power Sector Improvement Project
Report Date:
Lesson
Governments need to explore various possible financing arrangements to help power companies achieve financial sustainability.

Project Number: 43456-023
Project Name: Power Sector Improvement Project
Report Date:
Lesson
Procurement plans and terms of reference for key consultants need to be clearly established during project preparation to avoid startup and implementation delays.

Project Number: 43456-023
Project Name: Power Sector Improvement Project
Report Date:
Lesson
A thorough assessment of the implementation risks and consistent follow-up to effectively carry out risk mitigation measures are essential to minimizing project delays.

Project Number: 43456-023
Project Name: Power Sector Improvement Project
Report Date:
Lesson
Technical assistance with a narrow focus, immediate policy relevance, and carried out with national champions with financial and/or planning authority was key to the successful integration of climate technologies in country investment plans. Careful and realistic planning is required for the production and dissemination of outputs, since this involves multiple institutions within a given timeframe.

Project Number: No PN
Project Name: Climate Change Fund, 2008–2019
Report Date: