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Lesson
To confirm the economic viability of the regional plan and then identify which countries benefit or do not benefit, an economic internal rate of return (EIRR) for the region should be prepared in the first instance of the regional investment.

Project Number: 42107-023, 42107-033, 42107-043
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
The project performance management system, which is necessary to provide the data for the identification and quantification of economic benefits, should be established at the project preparation stage with baseline data collected and maintained through implementation to project completion.

Project Number: 42107-023, 42107-033, 42107-043
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
For investments of a regional character, it is important to assign economic benefits to the appropriate country, if not, economic viability of the investment may be grossly misrepresented.

Project Number: 42107-023, 42107-033, 42107-043
Project Name: Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
Strong demand from CAREC for similar TA projects is confirmed in annual TSCC meetings and there is also potential demand from South Asia Subregional Economic Cooperation (SASEC) countries and other DMCs for similar TA projects which are being discussed in road safety workshops and conferences. The coordination of activities of this TA with relevantinternational development agencies, agencies in CAREC member countries, civil society and other stakeholders to avoid overlapping and to maximize the effectiveness of the project can be replicated in other TA projects.

Project Number: 48033-001
Project Name: Enhancing Road Safety for Central Asia Regional Economic Cooperation Member Countries
Report Date:
Lesson
The follow-on TA has road safety component to support the implementation of some findings of this TA which is costed at $1 million.

Project Number: 48033-001
Project Name: Enhancing Road Safety for Central Asia Regional Economic Cooperation Member Countries
Report Date:
Lesson
Road safety requires a multi-disciplinary approach so actions on road safety needs to be taken at country level considering different approaches. Accordingly, the follow up TA (TA 9754: Central Asia Regional Economic Cooperation: Knowledge Sharing and Services in Transport and Transport Facilitation Phase 2) includes more national capacity development events to support DMCs was established and became an integral block of this program.

Project Number: 48033-001
Project Name: Enhancing Road Safety for Central Asia Regional Economic Cooperation Member Countries
Report Date:
Lesson
Road safety know-how in different countries are at different levels, and it isimportant to have regular meetings with government counterparts to ensure that the TA remains relevant to their needs, and to fine tune if their needs change. It is also important to build close relationships with other non-government stakeholders and determine if they have activities in the road safety sector to avoid duplication. The follow-up TA includes more regional, and national capacity development activities to support CAREC DMCs.

Project Number: 48033-001
Project Name: Enhancing Road Safety for Central Asia Regional Economic Cooperation Member Countries
Report Date:
Lesson
The training focusing on road safety engineering was aligned to ADB’s operations which led integration of road safety evaluation tools into CAREC road projects and consideration of road safety in the projects. The workshops featured practical trainings in blackspot investigation and road safety audit which was designed to assist road agencies in CAREC countries in providing safer roads.

Project Number: 48033-001
Project Name: Enhancing Road Safety for Central Asia Regional Economic Cooperation Member Countries
Report Date:
Lesson
Clear delineation of country activities with transparent funding allocations in cross-border RCI TA projects involving several countries helps smooth implementation and increase project success. The transaction costs in cross-border RCI TA projects tend to be high both in terms of resources and the time required to achieve agreement among stakeholders in the participating countries. It takes much longer to negotiate and agree to a common proposal in a cross-border RCI TA project than in a usual TA project.

Project Number: No PN
Project Name: Regional Cooperation and Integration Fund, 2007–2019
Report Date:
Lesson
Active engagement of national stakeholders and ADB resident missions from the outset helps improve ownership and project success. The likelihood of success is greater when an RCIF TA project is designed with genuine consultation with concerned line ministries, national agencies, the private sector (if relevant), and ADB resident missions. Active engagement of in-country stakeholders helps ADB to identify binding constraints and solutions, and to internalize implementation challenges at the TA design stage. This makes clear the roles and responsibilities of each stakeholder.

Project Number: No PN
Project Name: Regional Cooperation and Integration Fund, 2007–2019
Report Date:
Lesson
In order to have greater flexibility to respond to emerging needs of DMCs contrary to usual practice, the TA did not specify upfront what target DMCs would be included. This allowed greater responsiveness once opportunities for mobilization of climate finance became clearer.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
Early engagement with potential external providers of climate finance can help to drive project selection and support project design in line with the investment criteria of these providers.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
Given the very limited number of consultants with the necessary experience in climate finance and the high demand for their services, it is recommended that allowances must be made in terms of consultant procurement (e.g., in rare instances of higher rates wherever justified).

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
Lesson
The TA addressed the significant complexity and highly dynamic evolution of the external climate finance landscape and mechanisms such as the GCF, and the challenges and barriers faced by DMCs to identify and develop priority projects which deliver against national climate and development priorities as well as the investment criteria of external climate finance providers. Overall, there remains a strong rationale for ADB to step up innovative approaches in climate finance, and support to DMCs for accessing climate finance both from its own as well as external climate finance sources.

Project Number: 47286-001
Project Name: Enhancing Readiness of ADB Developing Member Countries for Scaled Up Climate Finance
Report Date:
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: