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Lesson
Involving key stakeholders at all stages of the TA project design, implementation, and post-implementation helps build ownership and goes a long way toward ensuring impact and sustainability. This can be done in a low-cost manner through small workshops and building partnerships.

Project Number: 50315-001
Project Name: Facilitating Small and Medium-Sized Enterprises Foreign Direct Investment Flows: An ASEAN+6 Case Study
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
There is potential demand from other countries for similar TA projects, and the methodology created through it can be replicated in other countries.

Project Number: 50315-001
Project Name: Facilitating Small and Medium-Sized Enterprises Foreign Direct Investment Flows: An ASEAN+6 Case Study
Report Date:
Lesson
When a TA project is significantly different from what ADB has done before, and where therefore ADB and consultants have to collectively figure out how it will be implemented, a quality-based selection method may work better than a quality and cost-based selection. It gives teams the flexibility to choose the consultant who has the best experience and ideas, rather than one who is the least costly.

Project Number: 50315-001
Project Name: Facilitating Small and Medium-Sized Enterprises Foreign Direct Investment Flows: An ASEAN+6 Case Study
Report Date:
Lesson
Having local partners (e.g., in the PRC) facilitate workshop organization and implementation.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
The TA project benefitted from a broad network of partners from the PRC and independent accountability mechanism that contributed to mobilizing a large number of workshop participants and to getting rich inputs to improve the quality of the initial draft of the regional framework.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
For a TA project that is policy-related, buy-in of target countries is very important in realizing the outputs and results.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
Collaborating with a wider network of stakeholders which may sometimes be time consuming certainly improves the quality of results.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
India, Indonesia and the PRC all expressed the need for capacity building TA project and support to tailor the generic accountability mechanism framework to their country situation.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
Knowledge sharing on the AMF should be supported by a national government agency for it to be effective. The development of the national AMF in the PRC moved forward because a key policy regulatory agency led it with support from the TA project.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
It is not only the competence of consultants that is important but also their ability to navigate the consultant management system that determines timely closure of TA accounts.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
The three-country experience showed replication and scaling up depends on country context and government buy-in.

Project Number: 53140-001
Project Name: Developing Accountability and Mechanism Framework for Financial Intermediaries
Report Date:
Lesson
There are concerns on the additional costs associated with green bond issuances, as well as reputational risk if their bonds lose their green status

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+4
Report Date:
Lesson
Based on the findings of the study under the TA, market participants and regulators in ASEAN+3 countries identified the absence of a linkage between national goals to improve the environment (as reflected in national commitments associated with the UN SDGs) and the development of green bond markets. There is low awareness of green bonds among issuers and investors in most ASEAN+3 countries. Many market participants are unfamiliar with green bonds and through the middle of 2017, those with some awareness often had only a cursory understanding.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+4
Report Date:
Lesson
Furthermore, clear regulatory guidance from relevant market regulators are seen as key to promote sustainable finance in ASEAN+3.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+4
Report Date:
CSV