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Lesson
The TCR should have provided a brief historical context of ADB’s engagement in the South Super Highway—the previous project had an extensive safeguards problem, and an issue with parallel bilateral agency funds. Despite that, ADB continued to engage in the same sector in the same region. However, differing political priorities of subsequent national leadership changed the course of the TA. The TCR could have elaborated how ADB should assess the political risks in starting or conceptualizing a similar loan in a sector that experienced prior difficulties.

Project Number: 46374-001
Project Name: Southern Highways Investment Program
Report Date:
Lesson
Risks need to be identified in the design stage and effectively mitigated against.

Project Number: 45078-001
Project Name: Strategic Masterplan for Chittagong Port
Report Date:
Lesson
Rather than being a lesson learned, this is a useful recommendation. A suggested rephrasing of this into a lesson learned is: Establishing an interagency cooperation between different government authorities and designating representatives with a co-leading role ensure better management and timely resource mobilization, especially when targeted participants (including FDI investors and overseas contractors) are not managed and inspected by the implementing agency but by other government authorities.

Project Number: 48472-001
Project Name: Promotion of Environmentally Sustainable Infrastructure Investment in Asia and the Pacific
Report Date:
Lesson
While phrased as a comment, this lesson on collaboration is already reflected in Criterion 1.

Project Number: 48469-001
Project Name: Developing Gross Ecosystem Product Accounting for Eco-Compensation
Report Date:
Lesson
This comment suggests that private sector involvement would be a good thing, and that it is possible. However this is the first mention of it in the TCR and context is lacking as to how the private sector could be involved. More information would contextualize this comment and deepen its meaning.

Project Number: 48469-001
Project Name: Developing Gross Ecosystem Product Accounting for Eco-Compensation
Report Date:
Lesson
Early feasibility studies can be important mechanisms to assess institutional gaps, ensure alignment of the outputs and indicators with future proposed actions, and make any adjustments to the TA approach and the DMF as appropriate.

Project Number: 45419-001
Project Name: SASEC Subregional Energy Efficiency Initiative
Report Date:
Lesson
This lesson needs to be more specific. Adding context or detail to explain how to mainstream eco_x005F_x0002_compensation by integrating it with poverty reduction will be helpful. Traditional measures of economic activity already focus on cost, production, income, and other welfare-related measures, whereas eco-compensation seems to aim at something different, and more holistic.

Project Number: 48469-001
Project Name: Developing Gross Ecosystem Product Accounting for Eco-Compensation
Report Date:
Lesson
Continuity of actions and decisions is bolstered when there are regional coordination bodies to disseminate information and continue momentum.

Project Number: 45419-001
Project Name: SASEC Subregional Energy Efficiency Initiative
Report Date:
Lesson
Ensure that adequate reports and documentation in the TA repository are clearly linked to the Tax Reform Study of the TA and other deliverables that contribute to long-term impact and outcomes.

Project Number: 48006-001
Project Name: Improving Efficiency in Public Service Procurement, Delivery, and Financing
Report Date:
Lesson
Adopting a longer-time frame for a TA involving cross-border cooperation helps fulfill the member countries’ respective processes and requirements, including continuous facilitation support.

Project Number: 47107-001
Project Name: South Asia Subregional Economic Cooperation CrossBorder Power Trade Development
Report Date:
Lesson
There are strong potential welfare gains to smallholder farmers and their communities by improving access to clean energy and learning the practices and mechanisms of climate-friendly agriculture developed and encouraged by this TA. This scaling-up potential to an ever-wider diversity and number of stakeholders can be a next logical step, and require s careful consideration how the maximum number of people can be reached with the best efficacy; that is, through a combination of public, private, donor, and other resource means.

Project Number: 39542-022
Project Name: Implementing the Greater Mekong Subregion Core Agriculture Support Program (Phase 2)
Report Date:
Lesson
The need for language translation/interpreting services should be discussed upfront to ensure resources are allocated if required and to factor in associated requirements/delays into the planning and implementation schedule.

Project Number: 50318-001
Project Name: Fostering the Development of Renewable Energy
Report Date:
Lesson
Based on further information provided by ERCD, understanding the additional costs (beyond external review fees) would help in identifying the reasons why there was no second-round issuance (which affects reputation if green status is lost) even though issuers have already invested heavily to establish proper internal system to monitor use of proceeds and provide post-issuance reporting.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
The way the lesson was formulated in the TCR could be improved (it is stated more like an issue rather than lesson learned). But lessons can be inferred that addressing reputational risk and additional costs for meeting green bonds requirements, ensuring a certain level of market maturity, and establishing clear regulations by market regulators are necessary conditions to the successful attainment of the TA objectives.

Project Number: 50057-001
Project Name: Promoting Green Local Currency-Denominated Bonds for Infrastructure Development in ASEAN+3
Report Date:
Lesson
While the TA was categorized as a knowledge and support TA originally, the flexibility adopted by ADB with the minor change in scope actually turned the TA into a transaction TA, combining studies to be used for future project preparation, with detailed design for the program approved in 2019.

Project Number: 48218-007
Project Name: Support for Value Chain Development under the Nepal Agriculture Development Strategy
Report Date: