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Lesson
The importance of ex-post monitoring as results of policy-based loans are expected to fully materialize after implementation period. In this regard, mechanisms, such as the post-program engagement framework , established as part of program design allows for monitoring of results over the longer term and helps in promoting sustainability of the program.

Project Number: 51252-003, 51252-004, 51252-005
Project Name: Financial Market Development Program (Subprograms 1, 2, and 3)
Report Date:
Lesson
For rural development projects that require relatively longer-term interventions, building on progress achieved from past related investments and technical assistance and duly taking account of relevant lessons and recommendations can optimize project design and fast-track project implementation. In the case of this project, its design capitalized on the capacity of the executing and implementing agencies and Para (village) Development Committees strengthened through phase 1 of this project 1 and took into consideration a series of specific lessons from that phase.

Project Number: 42248-013, 42248-023
Project Name: Sustainable Management of Community Development for Chittagong Hill Tracts
Report Date:
Lesson
Strong political will and commitment at all levels of government authorities have a decisive impact on the effective and efficient implementation of land acquisition and resettlement activities in the context of complex project situation. It is important for an executing agency to be proactive and work closely with local authorities and stakeholders to resolve identified issues on the ground. Monitoring of the implementation of the land acquisition and resettlement plan could start early to identify issues and find effective solutions in a timely manner.

Project Number: 42248-013, 42248-023
Project Name: Sustainable Management of Community Development for Chittagong Hill Tracts
Report Date:
Lesson
The program correctly sought to balance power load between the three regions (outcome) to remove transmission bottleneck that would promote proper siting and least-cost power generation planning, whic is particularly important for transitioning from fuel-based to renewable energy-based power generation. To highlight this importance, the design and monitoring framework needed a target for annual energy flows across regions that is contingent on a sound medium- to long-term energy investment program.

Project Number: 42039-033, 42039-036
Project Name: Power Transmission Investment Program (Multitranche Financing Facility and Tranche 3)
Report Date:
Lesson
The need for the cancelation of loan savings would be avoided by using realistic cost estimates during project preparation, as pointed out in the project completion report, is an appropriate lesson. However, this validation notes that the actual project cost was 28% lower than appraisal estimates, but the reduction in total ADB loan was 45%, i.e., from an estimate of $463 million to $253 million at program closing. The lower program cost reflected high-cost estimates, but higher counterpart funding was the bigger factor in the cancelation of the loan savings.

Project Number: 42039-033, 42039-036
Project Name: Power Transmission Investment Program (Multitranche Financing Facility and Tranche 3)
Report Date:
Lesson
Effectively engaging and coordinating with other donor agencies can help avoid duplication of funds for similar purposes and maximize the use of development financing. The project was designed in coordination with other development partners to ensure equitable geographical coverage, avoid overlaps, and complement other ADB assistance to the country.

Project Number: 42254-013
Project Name: Northern Road Connectivity Project
Report Date:
Lesson
The concept of level 2 design introduced under the Road Project Preparatory Facility is an effective strategy, particularly when there is no guarantee that the designed roads will be constructed immediately after preparation. This strategy minimizes the risk of outdated designs while saving time and other resources.

Project Number: 42254-013
Project Name: Northern Road Connectivity Project
Report Date:
Lesson
Actively engaging key government agencies can provide the much-needed oversight and intervention to facilitate the timely and effective resolution of design and implementation issues emerging from project implementation, especially those that ADB will have extremely limited control over. The borrower and executing agencies coordinated with security forces to grant consultants’ permission to enter army-controlled areas, ensure their security and safety, and arrange basic facilities for them. Such facilitation minimized delay in preparatory work.

Project Number: 42254-013
Project Name: Northern Road Connectivity Project
Report Date:
Lesson
It is a good practice to provide relevant macroeconomic data to highlight the significance of environmental improvements. In the case of this project, the generation of secondary macroeconomic data, at the very least, could have strengthened the preliminary assessment of the project’s development impact. In discussing impacts of climate mitigation project and the co-benefits of air pollution reduction, it would be worthwhile to link these up with macro data.

Project Number: 47051-002
Project Name: Chemical Industry Energy Efficiency and Emission Reduction Project
Report Date:
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
Financial intermediation loans, which can be used to finance the investment plans of enterprises, need to be supported by TA to build the capacity of participating banks and enterprises to achieve the intended development results.

Project Number: 39229-022
Project Name: Agriculture and Rural Development Project
Report Date:
Lesson
Aligning the financing instruments with the development needs and capacity of institutions is another key factor for ensuring the quality of design of value chain projects. For this project, grant financing and technical assistance (TA) were used to support product quality, institutional framework, and deposit guarantee during the initial phase. These were followed by a package of loans and TA to support loans for onlending and capacity building during the expansion phase.

Project Number: 39229-022
Project Name: Agriculture and Rural Development Project
Report Date:
Lesson
A clear identification of the development constraints and challenges providing the rationale for the project and a clear articulation of the value chain objectives are among the key factors influencing the quality of design of value chain projects.

Project Number: 39229-022
Project Name: Agriculture and Rural Development Project
Report Date:
Lesson
Effective and efficient implementation of large-scale land acquisition and resettlement activities depends largely on strong political will and commitment at all levels of the government. An executing agency needs to be proactive and initiate close working relationships with local authorities to resolve identified issues on the ground. Local communities, particularly affected households, must be engaged and their concerns should be adequately factored in by project design.

Project Number: 41444-013
Project Name: Second Northern Greater Mekong Subregion Transport Network Improvement
Report Date:
Lesson
The governments' internal review and approval processes and executing agencies' limited prior experience in ADB-financed projects and unfamiliarity with ADB procurement procedures were major contributing factors to the substantial startup and implementation delays experienced by this project.

Project Number: 41444-013
Project Name: Second Northern Greater Mekong Subregion Transport Network Improvement
Report Date: