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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:
Lesson
The TA showed the benefits of employing a flexible approach to provision of support, including consultant terms of reference which were suitable for hiring consultants to carry out a broad range of activities. There are also benefits to work closely with the team of consultants ensuring timely delivery and quality of outputs.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
After direct requests from DMCs to ADB to assist them with climate finance access, the TA was responsive to the evolving needs of DMCs related to the financing of their climate commitments under the UNFCCC which were not necessarily (yet) included in their country partnership strategy.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
As a consequence of this TA, a cost center has been established in SDCD, which allows ADB, inter alia, to continue to develop project proposals for submission to GCF. ADB’s Pacific Regional Department has since implemented TAs that can support the generation of climate finance proposals in conjunction with ADB projects.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
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
It is important to keep a good balance between the subprojects or activities that are innovative but riskier and those that have firm disbursement schedules, so that the risk of TA implementation failure would be minimized. Subprojects to work with cities or municipalities turned out to be unpredictable, driven significantly by the political economy situation of the counterpart and are likely to face delays.

Project Number: 48206-001
Project Name: Promoting Gender Equality and Women's Empowerment (Phase 2)
Report Date:
Lesson
Domestic Resource Mobilization Trust Fund (DRMTF) and the TA project Enhancing Tax Transparency of ADB Developing Member Countries have taken over this TA project’s role while wider engagement with operations departments and units will support the development of integrated DRM solutions by pooling and coordinating knowledge, expertise, and other resources under a One ADB approach.

Project Number: 50060-001
Project Name: Strengthening Tax Policy and Administration Capacity to Mobilize Domestic Resources
Report Date:
Lesson
As weak capacity in revenue administrations still remain due to emerging challenges including significant and rapid changes in the business circumstances (i.e., expansion of cross-border supply chain and digitalized platform), scaling up capacity building initiatives to address these challenges will be required. The subprojects implemented by ADB regional departments should be well designed at the initial stage to improve the likelihood of success.

Project Number: 50060-001
Project Name: Strengthening Tax Policy and Administration Capacity to Mobilize Domestic Resources
Report Date:
Lesson
The government’s commitment to reforms and buy-in to the program are critical success factors.

Project Number: 46372-001
Project Name: Support for Myanmar’s Reforms for Inclusive Growth Program
Report Date: