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Lesson
A project focusing on microfinance could help remove obstacles to micro-insurance or other risk transfer schemes in the agricultural sector. The project did not create a market for micro-insurance as envisaged.

Project Number: 45389-001, 45389-002, 45389-003, 45389-004
Project Name: Building Climate Resilience in the Pyanj River Basin
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Lesson
Strong coordination and regular communication between the ADB and government counterpart teams are key to the speedy processing and successful implementation of crisis response programs like the CPRO.

Project Number: 54156-001
Project Name: COVID-19 Active Response and Expenditure Support Program
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Lesson
The COVID-19 Pandemic Response Option (CPRO) is an effective crisis response measure with development results that may be enhanced through additional similar assistance from ADB and other donors.

Project Number: 54156-001
Project Name: COVID-19 Active Response and Expenditure Support Program
Report Date:
Lesson
Navigating the appropriate financing size and institutional requirements of the CPRO while developing its scope and short- to medium-term directions demanded strong collaboration and coordination among ADB departments.

Project Number: 54156-001
Project Name: COVID-19 Active Response and Expenditure Support Program
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Lesson
Sufficient training is needed for the success of the performance-based maintenance (PBM) of the project roads.

Project Number: 46543-002
Project Name: Central Asia Regional Economic Cooperation Corridors 3 and 5 Enhancement Project
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Lesson
The economic benefits of regional transport corridors cannot be maximized without common recognition by target user countries of the international status of the facilities and the upgrading of all connecting, feeder roads.

Project Number: 46543-002
Project Name: Central Asia Regional Economic Cooperation Corridors 3 and 5 Enhancement Project
Report Date:
Lesson
Promoting private sector development and undertaking critical structural reforms that address the deficiencies and weaknesses of the system require a stable macroeconomic environment

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program (Subprograms 1 and 2)
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Lesson
The transition to market-based economic systems may entail the privatization of state-owned enterprises.

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program (Subprograms 1 and 2)
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Lesson
Making private sector development truly sustainable requires transforming governance and public institutions and administration in a manner suited to the development of market-based systems.

Project Number: 47099-002, 47099-004
Project Name: Investment Climate Reforms Program (Subprograms 1 and 2)
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Lesson
An independent regulator is necessary to ensure adequate electricity tariffs in Tajikistan.

Project Number: 43150-022
Project Name: Regional Power Transmission Project
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Lesson
Target outputs need to be specific and measurable to enable effective monitoring and supervision during implementation and reliable performance evaluation at completion.

Project Number: 43150-022
Project Name: Regional Power Transmission Project
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Lesson
Strengthening the financial sustainability of Tajikistan’s power sector requires the enforcement of adequate tariffs and effective change management.

Project Number: 43150-022
Project Name: Regional Power Transmission Project
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Lesson
A short repayment schedule can cause liquidity shortages for participating financial institutions and affect the ongoing disbursement of green finance loans. With monthly repayments on a 3-year loan and approved sub-loan terms of up to 5 years, a maturity mismatch can occur, which is what appears to have happened with Arvand.

Project Number: 45229-001
Project Name: Access to Green Finance Project: Project Completion Report
Report Date:
Lesson
Participating financial institutions (PFIs) achieve all the number and volume targets in terms of disbursing a credit line (as it is their core activity), but then fall short on achieving a strategic shift towards the project’s qualitative objective, which in this case was to build a strong relationship between the PFIs, the smart green energy solutions suppliers, and the borrowers for the provision and adoption of green finance, as well as making the PFIs’ loan officers semi-experts on smart green energy solutions products, technologies, quality standards and specifications, supplier asse

Project Number: 45229-001
Project Name: Access to Green Finance Project: Project Completion Report
Report Date:
Lesson
Incorporation into the project design of robust measures to address IA capacity gaps helps ensure the success of projects.

Project Number: 45432-002
Project Name: Central Asia Regional EconomicCooperation Corridor 6 (Ayni-Uzbekistan Border Road) Improvement Project
Report Date: