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Lesson
The riverbank erosion management system can play a crucial role in sustaining the adaptive approach beyond the life of the project. Greater clarity is needed on what a riverbank erosion management system (REMS) consists of and what institutional setting is required to make it sustainable. Effective operation of a REMS needs to be based on a crystal-clear consensus on the roles of local stakeholders, implementation arrangements, and Bangladesh Water Development Board (BWDB) coordination and financial commitment.

Project Number: 34038-013
Project Name: Jamuna-Meghna River Erosion Mitigation Project
Report Date:
Lesson
An adaptive approach can work effectively to mitigate riverbank erosion if it is executed to its full extent. Such riverbank protection work requires persistent commitment and continuous effort, unlike a one-time physical investment. Effective mitigation measures using geo-bags along riverbanks requires the implementation of an adaptive approach. O&M activities, including routine maintenance, need to be continuously implemented in parallel.

Project Number: 34038-013
Project Name: Jamuna-Meghna River Erosion Mitigation Project
Report Date:
Lesson
Agreement of all project stakeholders on the use of an adaptive approach and on O&M at the design stage is crucial for achieving project results. More time should have been spent during project design to ensure there was a common understanding on the following questions: What activities are required for the adaptive approach? What is the difference between the adaptive approach and O&M? Who is responsible for the implementation of the adaptive approach and O&M? How is the adaptive approach to be implemented after the project?

Project Number: 34038-013
Project Name: Jamuna-Meghna River Erosion Mitigation Project
Report Date:
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 outcome indicator should have been formulated more clearly and the outputs/activities planned to better ensure that it could deliver the targeted outcome.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
The way the lesson was formulated in the TCR could be improved (it is stated more like an issue rather than lesson learned). But lessons can be inferred that addressing reputational risk and additional costs for meeting green bonds requirements, ensuring a certain level of market maturity, and establishing clear regulations by market regulators are necessary conditions to the successful attainment of the TA objectives.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
The way the lesson was formulated in the TCR could be improved (it is stated more like an issue rather than lesson learned). But a lesson could be inferred that ensuring individual DMC commitment upfront and awareness measures could seamlessly facilitate progress towards the attainment of the objective of the TA.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
ADB’s active intervention upfront as a project financer could help resolve potential implementation issues and avoid any complications in project implementation.

Project Number: 45174-001
Project Name: Dhaka–Chittagong Expressway Public–Private Partnership Design Project
Report Date:
Lesson
A well-programmed procurement plan and design could help avoid unnecessary costs and delays.

Project Number: 45174-001
Project Name: Dhaka–Chittagong Expressway Public–Private Partnership Design Project
Report Date:
Lesson
Before committing TA resources, the timeline and output targets should be aligned with the government’s ongoing priority and programs so that start-up delays could be minimized, and output targets remain achievable.

Project Number: 48139-001
Project Name: Enhancing the Institutional Capacity of the Implementation Monitoring and Evaluation Division
Report Date:
Lesson
ADB may continue to engage and work closely with IMED and other agencies to continue and replicate or scale-up the capacity-enhancement activities.

Project Number: 48139-001
Project Name: Enhancing the Institutional Capacity of the Implementation Monitoring and Evaluation Division
Report Date: