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Lesson
ADB's COVID-19 Pandemic Response Option (CPRO) modality was effective. The CPRO program established a model for ADB to channel timely support to developing member countries to address major health and economic challenges. The speed of delivery, efficient implementation, and strong development impact achieved validate the success of this model, which can be deployed to further assist countries in their economic recovery.

Project Number: 54180-001
Project Name: COVID-19 Active Response and Expenditure Support Program
Report Date:
Lesson
Shock-responsive social protection mechanisms are effective in responding to the severe socioeconomic impact of global pandemics. Topping up existing benefits (known as vertical expansion) and using existing benefit delivery mechanisms allowed the government to respond quickly, ultimately reaching 80% of the population with cash support. This approach has also been adopted for pandemic response in other ADB developing member countries.

Project Number: 54214-001
Project Name: Shock-Responsive Social Protection Project
Report Date:
Lesson
The CPRO modality is deemed relevant, appropriate, and efficient for this program, as it allows DMCs to address spending requirements for health, social, and economic measures in response to the pandemic. Discussions with the government to align the modality with response measures facilitated critically needed fiscal stimulus to better manage the immediate economic and financial shocks created by the rapidly unfolding COVID-19 pandemic and an overwhelmed health care system.

Project Number: 54182-001
Project Name: COVID-19 Active Response and Expenditure Support Program
Report Date:
Lesson
The CPRO experience highlighted three main lessons. First, it confirmed Mongolia's solid precrisis record in structural reforms and macroeconomics, which put the country in a strong position to effectively respond to the multifarious impact of the pandemic. Second, the fast approval of the CPRO policy and lending modality enabled ADB to provide critical emergency support to eligible client countries in times of exceptional need, clearly showcasing the importance of institutional

Project Number: 54174-001
Project Name: COVID-19 Rapid Response Program
Report Date:
Lesson
ADB's long standing engagement in the country, especially in the health and public finance sectors and in fiscal and macroeconomic policy developed its readiness to respond effectively and quickly. The One ADB approach and the application of the streamlined business processes under the CPRO policy also worked well for Mongolia, as it clearly demonstrated that cutting several bureaucratic layers in the approval process does not necessarily compromise the quality of the end product.

Project Number: 54174-001
Project Name: COVID-19 Rapid Response Program
Report Date:
Lesson
The facility’s flexibility allowed the use of savings from one tranche to fund investments from another tranche. The installation and supply of ventilators within tranche 5 was canceled in the metro project as the increase in costs surpassed the initially allocated loan funds. Savings from tranche 1 from the cancellation of other subprojects were used to fund the investment in ventilators from the metro project.

Project Number: 42414-013, 42414-045
Project Name: Sustainable Urban Transport Investment Program - Tranche 5 and MFF
Report Date:
Lesson
A well-designed RBL can make program implementation more efficient and reduce transaction costs during program implementation. This came about in this program with the disbursement-linked Indicators (DLIs) focusing on the main elements of the results chain and framework in the process highlighting the importance of teachers’ and managers’ capacity building and competency-based curriculum (CBC) development, which built a solid foundation for TVET’s sustainable development in Guizhou.

Project Number: 48101-003
Project Name: Guizhou Vocational Education Development Program
Report Date:
Lesson
The results-based lending (RBL) modality provided an integrated arrangement for the provincial government to improve the provincial TVET system. The comprehensive program results framework and management information allowed the government to closely monitor and evaluate the progress of the development of demonstration TVET institutions and accelerated their development.

Project Number: 48101-003
Project Name: Guizhou Vocational Education Development Program
Report Date:
Lesson
ADB’s Safeguard Policy Statement (2009) fits well with the RBL modality with comprehensive due diligence review conducted at appraisal and adequate action items integrated into a program action plan and implemented accordingly. The external resettlement Monitoring and evaluation arrangement proved essential to ensure implementation of the proposed actions and to assess the income and livelihood restoration of affected people.

Project Number: 48101-003
Project Name: Guizhou Vocational Education Development Program
Report Date:
Lesson
Support from experts in safeguards, financial management, procurement, and other aspects was necessary to implement this first RBL in the country. Although the overall fiduciary system of the program was sound, some schools had weak capacity and needed extra support during program implementation.

Project Number: 48101-003
Project Name: Guizhou Vocational Education Development Program
Report Date:
Lesson
Changing mindsets from traditional investment to RBL could take time, requiring all stakeholders to have an in-depth understanding of the RBL modality. The provincial government and education department’s strong commitment to the program has powered ts success.

Project Number: 48101-003
Project Name: Guizhou Vocational Education Development Program
Report Date:
Lesson
Project readiness challenges could result in sequential delays of the different tranches in an MFF, leaving insufficient time for implementation within the MFF term and making MFF less relevant. Prior to the approval of each tranche, the initial design for each project was prepared to varying degrees.

Project Number: 44483-024, 44483-023, 44483-026, 44483-027
Project Name: Second Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
Report Date:
Lesson
The One ADB review mechanism that supported program and/or project processing under the COVID-19 Pandemic Response Option (CPRO) was effective in facilitating quick access by DMCs to emergency support from ADB. The CPRO policy and guidelines were still being developed while the program was under preparation, and managing changing internal guidance and expectations added significant pressure. Neverthelesss, program preparation efficiency gains from the One ADB review mechanism were widely experienced.

Project Number: 54309-001
Project Name: Health Expenditure and Livelihoods Support Program
Report Date:
Lesson
The partial credit guarantee (PCG) modality was a good choice for this transaction. It enabled ADB sovereign operations to come as close as possible to enabling the IA to obtain commercial financing for a commercially viable project in a country with a below-investment-grade rating. With a One ADB approach, it showed the way to achieve close and collaborative work between ADB’s sovereign and nonsovereign departments. Its 95% cover was important because it facilitated the raising of commercial finance.

Project Number: 49451-002
Project Name: Shah Deniz Gas Field Expansion Project
Report Date:
Lesson
The absence of a programmatic approach in policy-based loans (PBLs) can put at risk the sustainability of reforms. This program was designed as a stand-alone, single-tranche, PBL and effectively achieved its objective because of strong ownership by and well-coordinated efforts of the authorities and ADB staff. However, the lack of a programmatic approach posed a high risk to the sustainability of the reforms made.

Project Number: 53248-001
Project Name: Second Public Efficiency and Financial Markets Program
Report Date: