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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
An institutional analysis undertaken during appraisal phase helps provide an assessment of the technical capacity of concerned institutions as this is essential in ensuring smooth project implementation activities. Such analysis could include a political-economy assessment that could help strengthen project preparation activities, especially in assessing possible changes to policies and government priorities.

Project Number: 39256-023, 39256-024
Project Name: Urban Transport Development Investment Program (Multitranche Financing Facility andTranche 1)
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
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Lesson
Changes in government could trigger changes in counterpart agencies and priorities with significant implications on program design and implementation. The national election in 2012 resulted in a change in government and the subsequent appointment of new directors and staff in Municipal Development Fund of Georgia (MDF), the project executing and implementing agency (EA/IA). Additional time thus had to be devoted to building capacity and awareness with respect to the project. Several subprojects were cancelled because of changes in government priorities.

Project Number: 42414-023
Project Name: Sustainable Urban Transport Investment Program - Tranche 1
Report Date:
Lesson
Changes in government may require a new or additional round of capacity- and awareness-building. The national election in 2012 resulted in a change in the government and subsequent appointment of new directors and staff in the Municipal Development Fund of Georgia (MDF), the project executing and implementing agency. Therefore, additional time had to be devoted to build capacity and awareness with respect to the project.

Project Number: 42414-033
Project Name: Sustainable Urban Transport Investment Program - Tranche 2
Report Date: