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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
Dialogue is necessary so that studies and policies can be structured to comply with the government’s requirements. Had this been done during the design stage, the urban public transport promotion policy proposed under the project would not have been rejected.

Project Number: 49232-001
Project Name: Beijing–Tianjin–Hebei Air Quality Improvement– Hebei Policy Reforms Program
Report Date:
Lesson
It is important to perform technical and economic due diligence and feasibility before policy actions are recommended and implemented.

Project Number: 49232-001
Project Name: Beijing–Tianjin–Hebei Air Quality Improvement– Hebei Policy Reforms Program
Report Date:
Lesson
A realistic policy framework with manageable policy actions is needed to implement air quality reforms.

Project Number: 49232-001
Project Name: Beijing-Tianjin-Hebei Air Quality Improvement-Hebei Policy Reforms Program
Report Date:
Lesson
Strong commitment and coordination among development partners make the attainment of policy reforms more feasible.

Project Number: 49232-001
Project Name: Beijing-Tianjin-Hebei Air Quality Improvement-Hebei Policy Reforms Program
Report Date:
Lesson
Sustained engagement is important in undertaking policy reforms that may take many years to implement.

Project Number: 49232-001
Project Name: Beijing-Tianjin-Hebei Air Quality Improvement-Hebei Policy Reforms Program
Report Date:
Lesson
Dialoguing to better understand existing regulations and policies is vital to ensuring project compliance with government requirements.

Project Number: 49232-001
Project Name: Beijing-Tianjin-Hebei Air Quality Improvement-Hebei Policy Reforms Program
Report Date:
Lesson
Policy action recommendations need to be backed by adequate technical and economic due diligence, including feasibility studies.

Project Number: 49232-001
Project Name: Beijing-Tianjin-Hebei Air Quality Improvement-Hebei Policy Reforms Program
Report Date: