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Lesson
Collaborations with DMCs’ officials through two technical workshops on monitoring short-term economic growth provided forums for knowledge sharing among DMCs and with ADB on how the monitoring is conducted in different places. These activities have proven to be valuable avenues for knowledge_x005F_x0002_building activity that strengthened the capacity of ADB and DMCs to conduct macroeconomic assessment and reinforced the importance of keeping the tool kit up to date to ensure ADB’s relevance and value addition in policy dialogues.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Partnership with institutions, like the International Monetary Fund and those from developed counterparts like the Bank of Italy, has enabled us to work together and tap relevant expertise.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Active engagement of national stakeholders and ADB resident missions from the outset helps improve ownership and project success. The likelihood of success is greater when an RCIF TA project is designed with genuine consultation with concerned line ministries, national agencies, the private sector (if relevant), and ADB resident missions. Active engagement of in-country stakeholders helps ADB to identify binding constraints and solutions, and to internalize implementation challenges at the TA design stage. This makes clear the roles and responsibilities of each stakeholder.

Project Number: No PN
Project Name: Regional Cooperation and Integration Fund, 2007–2019
Report Date:
Lesson
Clear delineation of country activities with transparent funding allocations in cross-border RCI TA projects involving several countries helps smooth implementation and increase project success. The transaction costs in cross-border RCI TA projects tend to be high both in terms of resources and the time required to achieve agreement among stakeholders in the participating countries. It takes much longer to negotiate and agree to a common proposal in a cross-border RCI TA project than in a usual TA project.

Project Number: No PN
Project Name: Regional Cooperation and Integration Fund, 2007–2019
Report Date:
Lesson
Promoting knowledge exchange and sharing of lessons learned from successful climate financing applications is important in a context of very limited experience with innovative climate finance mechanisms.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
Employ a “learning-by-doing” approach jointly with DMC stakeholders when developing climate-funding applications, including very close interaction between DMC stakeholders and proposal preparation consultants, is effective for knowledge building.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
Increased readiness for finance access differs from actual capacity to access finance and is highly context-specific to the type of project for which finance is required, the sources of finance being tapped, and individual DMC priorities and circumstances.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
Close exchange with the GCF Secretariat as well as with other multilateral development banks and development partners accredited to the GCF has been helpful for understanding the investment criteria of climate financiers. The TA benefited from cofinancing by the NDF which was mobilized during TA implementation.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
The TA highlighted the value of promoting knowledge exchange among DMCs on the issue of access to external climate finance, on which most DMCs only have limited direct experience.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
In order to have greater flexibility to respond to emerging needs of DMCs contrary to usual practice, the TA did not specify upfront what target DMCs would be included. This allowed greater responsiveness once opportunities for mobilization of climate finance became clearer.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
Early engagement with potential external providers of climate finance can help to drive project selection and support project design in line with the investment criteria of these providers.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
Given the very limited number of consultants with the necessary experience in climate finance and the high demand for their services, it is recommended that allowances must be made in terms of consultant procurement (e.g., in rare instances of higher rates wherever justified).

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
The TA addressed the significant complexity and highly dynamic evolution of the external climate finance landscape and mechanisms such as the GCF, and the challenges and barriers faced by DMCs to identify and develop priority projects which deliver against national climate and development priorities as well as the investment criteria of external climate finance providers. Overall, there remains a strong rationale for ADB to step up innovative approaches in climate finance, and support to DMCs for accessing climate finance both from its own as well as external climate finance sources.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
Promoting close involvement of DMC stakeholders in discussions with climate finance providers allowed government decision makers and DMC stakeholders the opportunity to interact with climate financiers first-hand and was an important contribution to increasing buy-in by all parties.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
Early engagement with ADB project teams during the project design stage allows for more effective framing of projects as climate-relevant, as well as the inclusion of climate-relevant project components, which facilitate the mobilization of climate finance.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date: