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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
Hiring a consultant to periodically collect data is crucial in monitoring and subsequently maintaining output achievements. Similarly, it will be useful for financial intermediary projects to engage a consultant to monitor the Implementation status of subprojects.

Project Number: 47305-002, 47305-004
Project Name: Horticulture Value Chain Development Project
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Lesson
Continuous monitoring of training results and job placement is required to ensure the integrity of the training data provided. The online training management system (TMS) was set up to track large-scale training outputs from numerous training providers, which also became a basis of milestone payments. The Skills Development Coordination and Monitoring Unit (SDCMU) carried out several types of monitoring and verification activities. Rigorous monitoring and regular field checks were essential for the payment system based on milestone achievement, especially with respect to job placement.

Project Number: 42466-015
Project Name: Skills for Employment Investment Program - Tranche 1
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Lesson
Data collection on all Indicators in each tranche project should be ensured to facilitate a reliable assessment of the accomplishments and performance of each project and the entire MFF. The executing agency (EA) is required, as part of the government’s undertakings, to establish a project performance monitoring system to collect and measure baseline data on the performance Indicators in the design and monitoring framework (DMF) during implementation and to submit to ADB, as self-evaluation, the government’s completion report for the implemented projects.

Project Number: 44483-024, 44483-023, 44483-026, 44483-027
Project Name: Second Central Asia Regional Economic Cooperation Corridor 2 Road Investment Program
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