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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
Within the context of promoting environmentally sustainable growth, it is worthwhile to identify and formulate projects that are environmentally positive rather than focusing on preventing negative environmental impacts. Such opportunities exist, especially in the agriculture, rural development, and environmental sector. Country programming missions could help identify these types of environmentally-positive projects.

Project Number: 45406-001
Project Name: Low Carbon Agricultural Support Project
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Lesson
The use of a proven technology attractive to project participants can help ensure the attainment of development results. This project included two poorly prepared components—credit and technology transfer—one was not implemented at all and the other only achieved a portion of its targeted outputs. Having a tried and promising technology to promote is an important step toward project success.

Project Number: 45406-001
Project Name: Low Carbon Agricultural Support Project
Report Date: