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Lesson
This reflects one of the outputs being delivered by this TA project and how it was undertaken. The contribution of this TA project in knowledge building, especially in building the capacity of DMCs was not highlighted.

Project Number: 48240-001
Project Name: Information and Communication Technology for Development Initiative Facility in Asia and the Pacific
Report Date:
Lesson
Other lessons that can be used when replicating or scaling up some aspects of this TA project were not mentioned. Based on the guidelines, replication occurs when results of the TA project can be copied in other areas. Evidence of scaling up can involve mainstreaming the TA project process into wider development pathway.

Project Number: 48240-001
Project Name: Information and Communication Technology for Development Initiative Facility in Asia and the Pacific
Report Date:
Lesson
Due to the nature of the TA project’s deliverables and increasing demands from operational departments, the TA project had to be made flexible. Hence, it was not limited to the narrowly pre-defined areas and maximized the use of TA project resource as a facility

Project Number: 48240-001
Project Name: Information and Communication Technology for Development Initiative Facility in Asia and the Pacific
Report Date:
Lesson
Wind energy has a strong potential in Bhutan.

Project Number: 42252-022
Project Name: Rural Renewable Energy Development Project
Report Date:
Lesson
Sustaining gender mainstreaming in the energy sector of Bhutan requires a broad range of actions.

Project Number: 42252-022
Project Name: Rural Renewable Energy Development Project
Report Date:
Lesson
More innovative approaches are needed to attract women to become village technicians and be part of the energy sector of Bhutan.

Project Number: 42252-022
Project Name: Rural Renewable Energy Development Project
Report Date:
Lesson
A detailed technical assessment of the areas that could not be connected to the grid is essential to determining the viability of off-grid solar home systems.

Project Number: 42252-022
Project Name: Rural Renewable Energy Development Project
Report Date:
Lesson
Structures that ensure appropriate flow of information facilitate prompt responses to implementation issues.

Project Number: 42252-022
Project Name: Rural Renewable Energy Development Project
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
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: