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CSV
Lesson
Sound identification and valuation of costs and benefits in the economic analysis can provide more realistic economic internal rates of return (EIRRs) to indicate a more accurate state of project viability. The economic analysis in the RRP and PCR underestimated the value of the project outputs, particularly the economic benefits of the solid waste management component, which led to a low EIRR. Willingness-to-pay $2 per month for solid waste removal seems too low and unreasonable considering the substantial health and environmental benefits that such removal likely provides.

Project Number: 45507-003
Project Name: Yunnan Chuxiong Urban Environment Improvement Project
Report Date:
Lesson
State-owned banks are often used for policy lending that target specific sectors offering low interest rates and preferential terms. It is important that during project preparation, financial intermediaries selected are aligned with the market-based approach of FIL projects to avoid crowding out subloans and nonparticipation of selected intermediaries in lending to the target sector.

Project Number: 47046-002
Project Name: Gansu Featured Agriculture and Financial Services System Development Project
Report Date:
Lesson
A comprehensive master plan combined with arrangements that put the upstream catchment management and lake management under single administrations can deliver lasting results.

Project Number: 44036-013
Project Name: Anhui Chao Lake Environmental Rehabilitation Project
Report Date:
Lesson
Structural and nonstructural interventions require cohesive and integrated approaches, necessitating long-term planning and consultative processes. For example under this project, safeguard readiness including securing design approval from pertinent agencies should have been pursued more effectively. Project readiness for physical works should be adequately considered in drawing up implementation schedules. Accurate and realistic cost estimates based on detailed technical design can reduce the risk of loan cancellations.

Project Number: 44037-014
Project Name: Shaanxi Weinan Luyang Integrated Saline Land Management Project
Report Date:
Lesson
Decisions to invest further in concentrated solar thermal power projects, which are capital intensive, critically depends on the feasibility of the location and assessment of environmental risks, as well as the comprehensive and well-justified identification, quantification, and valuation of economic benefits.

Project Number: 46058-002
Project Name: Qinghai Delingha Concentrated Solar Thermal Power Project
Report Date:
Lesson
Shifts in the types of projects can affect the financing products that may be supported under the clean energy financing (CEFP) platform. At project design, the CEFP was planned to provide three types of financing products: entrusted loans, guarantee funds, and lease financing facilities. During implementation, only entrusted loans were utilized. The other two financing products were not used because of shifts in the types of projects which did not require guarantees and lease financing.

Project Number: 48452-004
Project Name: Shaanxi Accelerated Energy Efficiency and Environment Improvement Financing Project
Report Date:
Lesson
Establishing a skilled and effective lake basin authority was a long and arduous process. Converting the Chao Lake Management Authority (CLMA) from a sound concept to a skilled, effective lake basin planning and management organization evolved over time, and actions taken under the project helped the CLMA to establish its authority from scratch.

Project Number: 44036-013
Project Name: Anhui Chao Lake Environmental Rehabilitation Project
Report Date:
Lesson
Ensuring the timely provision of counterpart funds reduces unnecessary implementation delays that could potentially lead to changes in project scope. Securing the financing and arrangements of counterpart funds at the outset avoids prolonged implementation of project activities. Specifically, adequate risk assessment of financing constraints and commitment of borrowers is essential for a more effective and smooth implementation.

Project Number: 42011-013
Project Name: Wuhan Urban Environmental Improvement Project
Report Date:
Lesson
Signing of loan agreement is essential to achieving project readiness. To avoid possible risk, the executing agency did not start the project implementation, including the detailed design for civil works, until the loan agreement was signed on 6 February 2013. That slowed project implementation progress in the early stage. In the future, ADB needs to convince the counterpart to enhance project readiness.

Project Number: 44019-013
Project Name: Hubei Huangshi Urban Pollution Control and Environmental Management Project
Report Date:
Lesson
Support from experts in safeguards, financial management, procurement, and other aspects was necessary to implement this first RBL in the country. Although the overall fiduciary system of the program was sound, some schools had weak capacity and needed extra support during program implementation.

Project Number: 48101-003
Project Name: Guizhou Vocational Education Development Program
Report Date:
Lesson
Flexible implementation arrangements helps in enhancing a project’s relevance and results. In some cases, project relevance may change during implementation due to lower demand or unexpected government policy that subsequently may require a change in project scope and targets. This provides an opportunity to modify or correct the project design to strengthen its intended outcome at appraisal. For instance, the project was aimed to improve the carbon market development and preparedness for carbon market participation.

Project Number: 40684 013
Project Name: Forestry and Ecological Restoration Project in Three Northwest Provinces
Report Date:
Lesson
Project success depends in large measure on the commitment and capacity of stakeholders and the efficacy of project management processes and mechanisms.

Project Number: 44011-013
Project Name: Heilongjiang Energy Efficient District Heating Project
Report Date:
CSV