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Lesson
Rather than being a lesson learned, this is a useful recommendation. A suggested rephrasing of this into a lesson learned is: Establishing an interagency cooperation between different government authorities and designating representatives with a co-leading role ensure better management and timely resource mobilization, especially when targeted participants (including FDI investors and overseas contractors) are not managed and inspected by the implementing agency but by other government authorities.

Project Number: 48472-001
Project Name: Promotion of Environmentally Sustainable Infrastructure Investment in Asia and the Pacific
Report Date:
Lesson
This comment suggests that private sector involvement would be a good thing, and that it is possible. However this is the first mention of it in the TCR and context is lacking as to how the private sector could be involved. More information would contextualize this comment and deepen its meaning.

Project Number: 48469-001
Project Name: Developing Gross Ecosystem Product Accounting for Eco-Compensation
Report Date:
Lesson
This lesson needs to be more specific. Adding context or detail to explain how to mainstream eco_x005F_x0002_compensation by integrating it with poverty reduction will be helpful. Traditional measures of economic activity already focus on cost, production, income, and other welfare-related measures, whereas eco-compensation seems to aim at something different, and more holistic.

Project Number: 48469-001
Project Name: Developing Gross Ecosystem Product Accounting for Eco-Compensation
Report Date:
Lesson
While phrased as a comment, this lesson on collaboration is already reflected in Criterion 1.

Project Number: 48469-001
Project Name: Developing Gross Ecosystem Product Accounting for Eco-Compensation
Report Date:
Lesson
Ensure that adequate reports and documentation in the TA repository are clearly linked to the Tax Reform Study of the TA and other deliverables that contribute to long-term impact and outcomes.

Project Number: 48006-001
Project Name: Improving Efficiency in Public Service Procurement, Delivery, and Financing
Report Date:
Lesson
There are strong potential welfare gains to smallholder farmers and their communities by improving access to clean energy and learning the practices and mechanisms of climate-friendly agriculture developed and encouraged by this TA. This scaling-up potential to an ever-wider diversity and number of stakeholders can be a next logical step, and require s careful consideration how the maximum number of people can be reached with the best efficacy; that is, through a combination of public, private, donor, and other resource means.

Project Number: 39542-022
Project Name: Implementing the Greater Mekong Subregion Core Agriculture Support Program (Phase 2)
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
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
Multilateral cooperation: MEE and its Foreign Economic Cooperation Office (FECO), as the implementing agency, has provided counterparty staff and support to coordinate workshops and training arrangements.

Project Number: 48472-001
Project Name: Promotion of Environmentally Sustainable Infrastructure Investment in Asia and the Pacific
Report Date:
Lesson
The TCR stated that, “ADB should consider a follow-on TA for further study of the low-income protection system. This TA should support additional study of the need to revise the beneficiary targeting strategy, an assessment of the impact of asset filters and living standards as indicators of poverty and of eligibility for a minimum living guarantee for households, and advisory assistance to help local governments develop clearer eligibility rules for more accurate targeting of beneficiary groups.”

Project Number: 48006-001
Project Name: Improving Efficiency in Public Service Procurement, Delivery, and Financing
Report Date:
Lesson
Private sector engagement in eco_x005F_x0002_compensation or PES programs will be conditional on strong regulations, full enforcement of laws and/or regulations, technical readiness, etc. which the PRC needs to build up before the business sector could meaningfully get involved

Project Number: 48469-001
Project Name: Developing Gross Ecosystem Product Accounting for Eco-Compensation
Report Date:
Lesson
Poverty reduction and other policy goals, including the rural vitalization program, might be integrated into eco-compensation policies.

Project Number: 48469-001
Project Name: Developing Gross Ecosystem Product Accounting for Eco-Compensation
Report Date:
Lesson
The results of the TA benefited from the team’s close cooperation and extensive input from relevant government authorities and data custodians in the pilot sites. The NDRC and local level development reform commissions provided inputs throughout TA implementation.

Project Number: 48469-001
Project Name: Developing Gross Ecosystem Product Accounting for Eco-Compensation
Report Date:
Lesson
Furthermore, clear regulatory guidance from relevant market regulators are seen as key to promote sustainable finance in ASEAN+3.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+4
Report Date:
Lesson
They also identified a lack of local currency green bond issues and the absence of investors with responsible investment mandates as reasons for the immaturity of green bond markets.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+4
Report Date:
CSV