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CSV
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
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
Budget support from multilateral development agencies might encourage long term dependency on such support.

Project Number: 48479-001
Project Name: Economic Growth and Fiscal Reform Program
Report Date:
Lesson
The program, if designed as a multitranche financing facility where disbursements are made under several tranches according to the agreed criteria, can provide better incentives for continued policy reform efforts by the government.

Project Number: 48479-001
Project Name: Economic Growth and Fiscal Reform Program
Report Date:
Lesson
Continued technical assistance (TA) is essential to ensuring the successful implementation and sustainability of program-driven reforms in the Solomon Islands.

Project Number: 48479-001
Project Name: Economic Growth and Fiscal Reform Program
Report Date:
Lesson
Policy actions that include legislative reforms need to have realistic timelines.

Project Number: 48479-001
Project Name: Economic Growth and Fiscal Reform Program
Report Date:
Lesson
Consultations with development partners need to continue through all times to ensure that donor assistance for reform efforts are well coordinated and not duplicative.

Project Number: 48479-001
Project Name: Economic Growth and Fiscal Reform Program
Report Date:
CSV