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Lesson
Cofinancing expands possible project activities and outputs. Cofinancing from the Financial Sector Development Partnership Special Fund (FSDPSF) for this project allowed a more comprehensive set of deliverables and activities under outputs 1, 3, and 4. It provided flexibility in the use of resources, as FSDPSF beneficiaries are not differentiated according to country categories.

Project Number: 53198-001
Project Name: Developing a Disaster Risk Transfer Facility in the Central Asia Regional Economic Cooperation Region
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Lesson
A separate budget for a fund-raising roadshow is essential to ensure the successful establishment of a funding facility. This should not have been neglected in the establishment of the CAREC Climate and Sustainability Project Preparatory Fund aimed for under this TA. Engaging with potential donors is a critical step in securing the necessary funding for the fund's operation.

Project Number: 54344-001
Project Name: Supporting the Establishment of a CAREC Regional Infrastructure Projects Enabling Facility
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Lesson
Additional budget and time could be instrumental in successful project implementation. The major factor for the successful outputs was the provision of additional budget and time for improving and completing the feasibility studies despite delays during TA implementation. Additional TA financing helped in improving the feasibility assessments which were deemed essential before committing the detail design resources.

Project Number: 51249-003
Project Name: Khyber Pakhtunkhwa Water Resources Development Project
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Lesson
Developing outcome and output indicators that are consistent with the project design allows appropriate assessment of project achievement against the defined targets. Well-formulated indicators support the accurate measurement of project achievements as defined in the design and monitoring framework. For example, the reduction in transport costs could be directly measured by lower transport fares and vehicle operating costs.

Project Number: 47281-001
Project Name: National Highway Network Development in Balochistan Project
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Lesson
A design and monitoring framework could become more useful and informative for assessment if it could include quantifiable indicators for capacity building when the requirement is identified during program appraisal.

Project Number: 37192-023, 37192-033, 37192-043, 37192-044
Project Name: Power Transmission Enhancement Investment Program (Tranche 4 and Multitranche Financing Facility)
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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
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