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Lesson
Apart from offering concessional interest rates,ADB and China National Investment and Guaranty Corporation (I&G) could explore providing enhanced value-added services for ongoing and future financial intermediation loan initiatives in air quality improvement or climate change programs. The global economic slowdown dampened enthusiasm for green investments, while the rise in euro interest rates and the reduction of yuan lending rates since 2022 presented additional challenges for green financing eligible subprojects within the greater Beijing–Tianjin–Hebei region.

Project Number: 50096-002
Project Name: Air Quality Improvement in the Greater Beijing–Tianjin–Hebei Region—China National Investment and Guaranty Corporation’s Green Financing Platform Project
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Lesson
Donor and implementing agency collaboration is critical to the successful implementation of the sectoral, build back better approach to disaster reconstruction. Even while the Ministry of Foreign Affairs and Trade was separately managing its own bilateral funding and reconstruction works in another area of the Nuku’alofa electricity network, the planning and technical teams for this project and that of the ministry worked in close collaboration to ensure that the civil works in both areas were meeting quality standards and target timelines.

Project Number: 52129-001
Project Name: Cyclone Gita Recovery Project
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Lesson
The use of the forced account works procedure for civil works and request for quotations and direct contracting for goods and equipment saved time in procurement for this project. The maximum use of the flexibilities inherent in these procedures, which accords with ADB’s Disaster and Emergency Assistance Policy, boosted project effectiveness and efficiency.

Project Number: 52129-001
Project Name: Cyclone Gita Recovery Project
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Lesson
Having an implementing agency with staff who are well-versed in ADB procedures benefits all facets of project implementation and ensures timely project completion. This capacity also provides a strong base for further building the capacity of implementing agencies in asset management and operation and maintenance, and financial management and audits. which will benefit the implementation and sustainability of future projects.

Project Number: 52129-001
Project Name: Cyclone Gita Recovery Project
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Lesson
A minimum of one year has to be allotted to power distribution rehabilitation works.

Project Number: 46390-003
Project Name: Power Distribution Improvement Project
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Lesson
Early and/or timely engagement of key experts is critical to ensure project compliance with loan covenants.

Project Number: 46390-003
Project Name: Power Distribution Improvement Project
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Lesson
A policy risk assessment has to be included in the subproject selection process, with measures adopted to mitigate the identified risks.

Project Number: 44012-013
Project Name: Hebei Energy Efficiency Improvement and Emission Reduction Project
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Lesson
Including the recruitment of project management consulting services in the design of disaster response projects will promote immediate post-disaster recovery and avoid further overstretching government capacity during the post-disaster period.

Project Number: 48192-001
Project Name: Cyclone Ian Recovery Project
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Lesson
Using the procurement procedural flexibilities provided under ADB’s Disaster and Emergency Assistance Policy can boost theeffectiveness and efficiency of post-disaster response projects.

Project Number: 48192-001
Project Name: Cyclone Ian Recovery Project
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Lesson
Navigating challenging logistics and site conditions can be facilitated by tapping into existing local knowledge and practices.

Project Number: 48192-001
Project Name: Cyclone Ian Recovery Project
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Lesson
Building back better requires innovation.

Project Number: 48192-001
Project Name: Cyclone Ian Recovery Project
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Lesson
Using investment income gains to meet ADB’s administration fee and bank charges is a good fund management practice.

Project Number: 46455-002
Project Name: Electricity Supply Security and Sustainability Project
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Lesson
Twice reallocating the originally assigned use of grant proceeds can mitigate the foreign exchange risks in multicurrency projects.

Project Number: 46455-002
Project Name: Electricity Supply Security and Sustainability Project
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Lesson
Strong relationships with the governments facilitate agreements.

Project Number: 46455-002
Project Name: Electricity Supply Security and Sustainability Project
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Lesson
Project costs are high in a small, remote, and logistically challenged country.

Project Number: 46455-002
Project Name: Electricity Supply Security and Sustainability Project
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