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Lesson
This reflects one of the outputs being delivered by this TA project and how it was undertaken. The contribution of this TA project in knowledge building, especially in building the capacity of DMCs was not highlighted.

Project Number: 48240-001
Project Name: Information and Communication Technology for Development Initiative Facility in Asia and the Pacific
Report Date:
Lesson
Also, ensuring that approval is sought for changes in the indicators in the course of TA implementation is a good practice.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
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
Based on further information provided by ERCD, understanding the additional costs (beyond external review fees) would help in identifying the reasons why there was no second-round issuance (which affects reputation if green status is lost) even though issuers have already invested heavily to establish proper internal system to monitor use of proceeds and provide post-issuance reporting.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
The outcome indicator should have been formulated more clearly and the outputs/activities planned to better ensure that it could deliver the targeted outcome.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
The way the lesson was formulated in the TCR could be improved (it is stated more like an issue rather than lesson learned). But lessons can be inferred that addressing reputational risk and additional costs for meeting green bonds requirements, ensuring a certain level of market maturity, and establishing clear regulations by market regulators are necessary conditions to the successful attainment of the TA objectives.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
The way the lesson was formulated in the TCR could be improved (it is stated more like an issue rather than lesson learned). But a lesson could be inferred that ensuring individual DMC commitment upfront and awareness measures could seamlessly facilitate progress towards the attainment of the objective of the TA.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
This is not a reflection of operational learning from the TA project in the aspect of design and/or planning, but rather, an assessment of the TA project design.

Project Number: 50093-001
Project Name: Gender-Responsive Sector and Local Development Policies and Actions
Report Date:
Lesson
While this validation agrees that CSO participation would enhance inclusiveness and sustainability of the TA project benefits, sustainability could be further enhanced if the gender focal points from the ministries and aimags itself conducted the studies and had actively delivered the TA project outputs, not just through consulting firms.

Project Number: 50093-001
Project Name: Gender-Responsive Sector and Local Development Policies and Actions
Report Date:
Lesson
Agree that takingadvantage of various means of communication is very useful to wider knowledge sharing.

Project Number: 50093-001
Project Name: Gender-Responsive Sector and Local Development Policies and Actions
Report Date:
Lesson
It would be more useful if the TCR outlined the specific lessons on handling partnerships and cofinancing.

Project Number: 50093-001
Project Name: Gender-Responsive Sector and Local Development Policies and Actions
Report Date:
Lesson
Agree that various means of communication that are interactive and that consider community context would enhance the sustainability of gender awareness campaigns.

Project Number: 50093-001
Project Name: Gender-Responsive Sector and Local Development Policies and Actions
Report Date:
Lesson
Commitment of budgetary allocation for the subsequent activities is key to ensuring sustained benefits from the TA.

Project Number: 50093-001
Project Name: Gender-Responsive Sector and Local Development Policies and Actions
Report Date: