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Lesson
When a project provides substantial climate mitigation and environmental benefits, a project economist with strong background and experience in environmental valuation method can undertake the project economic analysis at appraisal. Usually, energy efficiency improvement projects have very low pay back periods and high economic internal rate of return. ADB should investigate the ways in which it can formalize the use of carbon prices in energy efficiency project economic analysis.

Project Number: 47051-002
Project Name: Chemical Industry Energy Efficiency and Emission Reduction Project
Report Date:
Lesson
The impact of the cross-border facility (CBF) in the project completion report. Data on traffic and trade flows in and out of Cambodia can provide a before and after assessment. This helps in determining the impact and benefits of improving a CBF.

Project Number: 43309-013
Project Name: Provincial Roads Improvement Project
Report Date:
Lesson
The supporting technical assistance was assessed successful but was let down by the lack of institutional ownership, which can often be the case. For ADB’s future projects, it is important to focus more attention on the design and implementation of such assistance by closely following the consultants’ outputs and ensuring that the government is fully aware of their results

Project Number: 43309-013
Project Name: Provincial Roads Improvement Project
Report Date:
Lesson
A detailed assessment of water adequacy and the introduction of proper operation and maintenance measures and an adequate level of water charges are critical to successful outcome and long-term sustainability of irrigation projects.\

Project Number: 45354-002
Project Name: Building Climate Resilience in the Pyanj River Basin
Report Date:
Lesson
The assessment of benefits from new or renovated irrigation systems cannot be meaningfully compiled without detailed farm budgets (cropping patterns, yields, production costs, farm-gate prices).

Project Number: 45354-002
Project Name: Building Climate Resilience in the Pyanj River Basin
Report Date:
Lesson
The selection of a single year as the baseline against which to measure the reduction in losses due to severe climate events is problematic. Since such events vary considerably from year to year, selecting a single year as the baseline can lead to distorted results. An alternative approach is to take the average of several years as the baseline. Another more meaningful alternative is to compare losses in areas protected by project works with similar neighboring areas without such works.

Project Number: 45354-002
Project Name: Building Climate Resilience in the Pyanj River Basin
Report Date:
Lesson
A well-designed project performance management system greatly facilitates the identification, quantification, and valuation of economic benefits, and help in evaluating the extent of the project’s effectiveness.

Project Number: 35173-013
Project Name: Third Small Towns Water Supply and Sanitation Sector Project
Report Date:
Lesson
The achievement of project outcomes and outputs and the development impact of the project demonstrate the effectiveness of WSS projects in increasing the economic welfare of the poorest and most disadvantaged people in a country.

Project Number: 35173-013
Project Name: Third Small Towns Water Supply and Sanitation Sector Project
Report Date:
Lesson
Strong government commitment and ownership are crucial to the quality of project preparation and sustainability. Specifically, establishing a clear institutional arrangement (such as, which agency performs the routine and periodic maintenance, among other things) and sound operation and maintenance strengthens the funding mechanisms of the project after completion. In this project, the government showed a high degree of ownership in ensuring that adequate budgetary sources are in place to ensure the financing of routine road maintenance.

Project Number: 45389-001, 45389-002, 45389-004
Project Name: Second Road Network Development Investment Program (Multitranche Financing Facility and Tranches 1 and 2)
Report Date:
Lesson
The project highlighted the importance of safeguarding the nation’s wealth fund (State Oil Fund of the Republic of Azerbaijan or SOFAZ) to ensure that social programs and development priorities are sustained. In times when the nation’s wealth fund can be compromised due to external factors, exploring and pursuing viable funding options to meet the government’s financial obligations can ease pressures on the use of the fund other than its intended purposes.

Project Number: 49451-002
Project Name: Shah Deniz Gas Field Expansion Project
Report Date:
Lesson
Design and monitoring framework (DMF) indicators that are specific and clear facilitate better assessment of project achievements. Targets that are achievable within the project timeline contributes to the quality of the project design and monitoring.

Project Number: 49451-002
Project Name: Shah Deniz Gas Field Expansion Project
Report Date:
Lesson
A well-designed monitoring and evaluation system helps ensure proper attribution of project investments to the achieved outcomes, at project completion. Specifically, a monitoring and evaluation system, with sufficient and dedicated staff, could monitor and assess pertinent project-related data. These help in corroborating that systematically gathered information during implementation is indeed the result of a project’s intervention.

Project Number: 40190-013
Project Name: Greater Mekong Subregion Flood and Drought Risk Management and Mitigation Project
Report Date:
Lesson
Adequate and thorough preparation at design enhances the project’s quality at entry which is critical in supporting the government’s and ADB’s priority to promote rural development and reduce poverty. Specifically, a greater consideration of the design and scope for improving disaster risk management and climate resilience could support the upgrading and rehabilitation of other infrastructures, such as roads, energy, and social services, resulting in higher development impacts.

Project Number: 40190-013
Project Name: Greater Mekong Subregion Flood and Drought Risk Management and Mitigation Project
Report Date:
Lesson
A project performance monitoring system (PPMS) based only on implementation and gender data has limited usefulness. To adequately evaluate the impact of a project and estimate its economic internal rate of return that reflects the primary and secondary benefits of the project, a PPMS needs to include the economic data of project beneficiaries, e.g., avoided economic losses.

Project Number: 40190-013
Project Name: Greater Mekong Subregion Flood and Drought Risk Management and Mitigation Project
Report Date:
Lesson
The collective development results of a regional cooperation and integration project (e.g., cross-border spill-over effects of economic benefits and scale economies) rely on a well-defined and formulated joint project design and collective actions, including well-coordinated implementation activities among participating countries. These results, which were not evident in this project, reduce coordination failures and help in enhancing the delivery of regional public goods and services, including economic benefits.

Project Number: 40190-023
Project Name: Greater Mekong Subregion Flood and Drought Risk Management and Mitigation Project
Report Date: