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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 TCR could have elaborated on the need for consultants to ably navigate (or be supported to navigate) the consultant management system to ensure timely closure of TA accounts.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
The TCR could have TCR could have provided further details about the national agenda/initiatives from India, Indonesia, and the PRC (Green Finance Initiative) brought about by the experience in developing this regional AMF. Based on the wrap-up workshop brief, staff from the East Asia Deparment, Central and West Asia Department, Office of the Special Project Facilitator, South Asia Department, and Sustainable Development and Climate Change Department, were present. Such details and other lessons from the Manila wrap-up workshop could have been mentioned in the TCR as well.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
The TCR could have further discussed the benefits or disadvantages of having government agencies as local partners, such as the Policy Research Bureau of the China Banking and Insurance Regulatory Commission, facilitate workshop organization and implementation.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
Use of reliable arbitrary income elasticities of demand and forecasts of gross domestic product can help improve traffic forecasting and avoid overestimating traffic volumes and expensive project designs.

Project Number: 39176-023
Project Name: Road Network Development Program (Project 1)
Report Date:
Lesson
Additional support to handle safeguard issues embedded in the project design can help mitigate the risks of project delays.

Project Number: 39176-023
Project Name: Road Network Development Program (Project 1)
Report Date:
Lesson
Projects designed with certain level of flexibility allow for unexpected developments to be timely considered in project redesigning.

Project Number: 39176-023
Project Name: Road Network Development Program (Project 1)
Report Date:
Lesson
Sector road map recognized by both the country and ADB as an important element to support country and regional economic development can strategically enhance coordination among development partners.

Project Number: 39176-023
Project Name: Road Network Development Program (Project 1)
Report Date:
Lesson
Proper and timely documentation of changes during the MFF implementation can improve the quality and relevance of performance baselines and targets.

Project Number: 39176-023
Project Name: Road Network Development Program (Project 1)
Report Date:
Lesson
ADB's project readiness tool may be utilized to support project cost estimates, detailed design and bidding document preparation.

Project Number: 42408-013, 424080-43
Project Name: Water Supply and Sanitation Investment Program (Multitranche Financing Facility and Tranche 3)
Report Date:
Lesson
A gender specialist should join reconnaissance and fact-finding missions to discuss GAP details with executing agencies and agree on implementation arrangements.

Project Number: 42408-013, 424080-43
Project Name: Water Supply and Sanitation Investment Program (Multitranche Financing Facility and Tranche 3)
Report Date: