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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
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
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: