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Lesson
Project implementation often faces multiple risks. Identifying and implementing risk mitigation measures and providing adequate early-stage support are crucial in minimizing initial delays and addressing emerging project needs. Adequate due diligence at appraisal should emphasize strong assessment of borrower's and executing agency's capacity across institutional, financial, and operational aspects.

Project Number: 42051-023
Project Name: Energy Efficiency Program
Report Date:
Lesson
The multitranche financing facility (MFF) modality allows flexibility in project selection and project management maintaining focus on reforms and performance. However, when there are potential political, governance, security, and integrity uncertainties, it would be more appropriate to use a stand-alone project loan with additional financing depending upon emerging needs. Simpler project designs, with specific purposes in a limited number of locations, are more likely to succeed than those with a broad scope and

Project Number: 42051-023
Project Name: Energy Efficiency Program
Report Date: