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Lesson
Having specific performance indicators dedicated to improving FI’s operational and financial management helps ADB foster its development objectives, while improving FI’s institutional capacity. Specifically, the performance indicators on safeguards compliance help ADB improve FI’s ESMS, thereby, mainstreaming ADB’s environmental and social objectives in infrastructure projects that FIs implemented.

Project Number: 46268-002
Project Name: Clean Energy Finance Investment Program (Tranche 1)
Report Date:
Lesson
Another lesson is that strong partnership and greater collaboration among FIs and stakeholders support the strengthening of financial supervision and risk management monitoring. Due diligence on the FI’s institutional capacity prior to loan approval, led to develop a complementary TA, which in turn supported in improving FI’s operational and financial management. ADB’s additional financing served as leverage to pursue recommendations from the TA, aimed to improve the FI’s financial and operational performance.

Project Number: 46268-002
Project Name: Clean Energy Finance Investment Program (Tranche 1)
Report Date:
Lesson
Particularly for loans, in-depth review on a borrower’s credit performance and the sector context, as part of the due diligence assessment, is vital for recognizing potential financial risks. Analytical measurements on financing risks (e.g., adequacy of capital ratio, contingent liabilities), risk allocation options, and risk management monitoring, for example, are key factors that enhance credit appraisal and help develop a well-structured financing scheme and related covenants.

Project Number: 46268-002
Project Name: Clean Energy Finance Investment Program (Tranche 1)
Report Date:
Lesson
A financially sound institution dedicated to finance projects in renewable energy subsector, with the national government’s support, signals country’s strong commitment to achieve its goals in the subsector. This, together with favorable regulatory environment, is instrumental in providing the right incentives to attract private investors and other development partners and foster the rapid deployment of renewable energy in a country.

Project Number: 46268-002
Project Name: Clean Energy Finance Investment Program (Tranche 1)
Report Date:
Lesson
Clarity in project design particularly in identifying outcomes and outputs correctly with appropriate targets and indicators are essential in monitoring project achievements and determining how success will be assessed. A well-conceived results framework can effectively assess how economic resources and inputs (e.g., expertise, funds, etc.) are converted to results, for example. This could help facilitate a project’s focus on interventions and specific expected outcomes. Moreover, a program–logic diagram can help in this approach.

Project Number: 39452-013
Project Name: Strengthening Governance Management Project
Report Date:
Lesson
The two different project components should have been implemented separately and provided with greater preparation and support for institutional capacity building. The second component—information service centers (output 3b)—could have received far more institutional buy-in from the ministry than it had received. This could have helped ensure that appropriate actions to address issues are made in a timely manner and reduce the project implementation delays resulting from weak procurement management.

Project Number: 39452-013
Project Name: Strengthening Governance Management Project
Report Date:
Lesson
Setting-up, collection, and reporting of baseline and performance indicators are essential to strengthen a project’s monitoring framework. Well-defined outputs and outcome indicators, targets, and baselines specific to project intervention areas improve project monitoring and results evaluation (e.g., reporting outcome or output indicators outside project areas hinders the attribution of results to the project).

Project Number: 40634-013
Project Name: Inner Mongolia Autonomous Region Environment Improvement Project (Phase II)
Report Date:
Lesson
Assessing environmental policies and plans to address air quality at project design can optimize the choice of energy efficient technologies. An in-depth assessment on the state of the enabling and regulatory environment during project preparation helps identify the most efficient technology.

Project Number: 40634-013
Project Name: Inner Mongolia Autonomous Region Environment Improvement Project (Phase II)
Report Date:
Lesson
Institutionalizing systematic driver training will help reduce road accidents.

Project Number: 47270-001
Project Name: Madhya Pradesh District Connectivity Sector Project
Report Date:
Lesson
Incorporating utility shifting into the item-rate-contract could enhance the efficiency of road works.

Project Number: 47270-001
Project Name: Madhya Pradesh District Connectivity Sector Project
Report Date:
Lesson
A pre-fixed periodic maintenance payment rate, with a provision for annual increases, is financially viable for both the contractors and the government.

Project Number: 47270-001
Project Name: Madhya Pradesh District Connectivity Sector Project
Report Date:
Lesson
The performance-based road maintenance approach provides a strong incentive for contractors to ensure quality road construction.

Project Number: 47270-001
Project Name: Madhya Pradesh District Connectivity Sector Project
Report Date:
Lesson
A high degree of project readiness greatly facilitates timely project completion.

Project Number: 47270-001
Project Name: Madhya Pradesh District Connectivity Sector Project
Report Date:
Lesson
A focused design, with few policy conditions, strengthens the effectiveness of policy-based reform programs.

Project Number: 42151-013
Project Name: Khadi Reform and Development Program
Report Date:
Lesson
The governance of the information and communication technology (ICT) sector in Tonga needs strengthening.

Project Number: 44172-022
Project Name: Tonga-Fiji Submarine Cable Project
Report Date: