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Lesson
Results-based lending (RBL) is well suited if it is embedded in a wider government-owned and led program. It can be an effective modality for achieving both physical outputs and nonphysical goals. It can also make changes in national policies that go beyond the project’s physical scope. The climate risk assessments, procurement processes, and beneficiary selection criteria used in this program were also applied in non-ADB financed provinces. The instructions issued and policies adopted by the government were “national”in nature and impact.

Project Number: 50022-002
Project Name: Affordable Rural Housing Program
Report Date:
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
Report Date:
Lesson
Focusing projects on a few, contiguous areas can facilitate cross-learning thereby improving implementation and heightening impacts. The project was implemented in four aimag centers selected by the executing agency which are not geographically close. It could have been more beneficial if the project were implemented in neighboring aimags to allow the beneficiaries to learn from one another and observe spillover effects of project activities.

Project Number: 52303-001
Project Name: Managing Solid Waste in Secondary Cities
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Lesson
A uniform road design is not advisable for rural roads projects.

Project Number: 40423-053
Project Name: Rural Connectivity Investment Program - Tranche 3 and MFF
Report Date:
Lesson
Local contractors should be prioritized in the construction of rural roads.

Project Number: 40423-053
Project Name: Rural Connectivity Investment Program - Tranche 3 and MFF
Report Date: