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Lesson
Accurate cost estimates, including for contingencies, and effective utilization of loan savings are critical to the attainment of intended project results and timely financial closing. The actual contract price was lower than the amount estimated because of the inaccuracy of the engineering cost estimate and contingency estimates. Cost savings, however, were effectively utilized through minor changes in the project, further enhancing the achievement of project outcomes and outputs. Eligible expenses should be clarified early on, so as not to delay the project financial closing.

Project Number: 47047-002
Project Name: Shandong Groundwater Protection Project
Report Date:
Lesson
Continuous discussions with the counterparts and early funding requests can ensure availability of financial resources for the preparation the ensuing project loan.

Project Number: 53054-001
Project Name: Smart Energy System for Mongolia
Report Date:
Lesson
Trust funds and cofinancing can play a crucial role in supporting innovation and high-level technology transfer, which may not happen without such support due to limited ADB internal TA funding. Therefore, it is important that project teams pay more attention to effectively promote visibility and raise awareness of cofinancier contribution and support to ADB TAs and projects.

Project Number: 53054-001
Project Name: Smart Energy System for Mongolia
Report Date:
Lesson
Appropriate TA size supports smooth and quick TA implementation. The size of this TA was suited for the generation of outputs useful for the preparation of future fintech projects. It worked for the smooth and quick implementation of the TA .

Project Number: 54246-001
Project Name: Impact Evaluation of Financial Technology Innovations in Selected Developing Member Countries
Report Date:
Lesson
Cost-conscious implementation can deliver high value TA activities and not waste valuable funding like the Technical Assistance Special Fund.

Project Number: 55035-001
Project Name: Research for Demonstration of Carbon Capture, Utilization, and Storage Technologies in Industrial Sectors of Yunnan Province
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Lesson
Revenues to finance O&M may take time to reach sustainable levels, and this should beconsidered in project design to aviod potential budgetshortfalls during initial project operations.

Project Number: 46293-003
Project Name: Greater Mekong Subregion Tourism Infrastructure for Inclusive Growth Project
Report Date:
Lesson
Customizing the terms of reference of auditors to project requirements and ensuring that they are properly oriented on these requirements are critical to promoting project compliance with ADB financial management procedures. There were gaps in complying with the financial management conditions of the loan agreement, including the need to timely submit audit reports and auditor’s management letters and opinions.

Project Number: 49419-002
Project Name: Solar Rooftop Investment Program - Tranche 1
Report Date:
Lesson
The availability of additional resources for the preparation of one or two procurement-ready civil works subprojects before loan effectiveness could support a smooth project startup.

Project Number: 46293-003
Project Name: Greater Mekong Subregion Tourism Infrastructure for Inclusive Growth Project
Report Date:
Lesson
To avoid and minimize adverse project impact, engineering and social safeguard teams need to work closely to ensure land acquisition and compensation are in line with the approved detailed engineering designs.

Project Number: 46293-003
Project Name: Greater Mekong Subregion Tourism Infrastructure for Inclusive Growth Project
Report Date:
Lesson
Setting aside resources to engage startup consultants, such as a a procurement and safeguard specialists, will help mitigate the risk of delays.

Project Number: 46293-003
Project Name: Greater Mekong Subregion Tourism Infrastructure for Inclusive Growth Project
Report Date:
Lesson
Tax exemption as a form of government project contributiont and allocation of adequate budget for operation and maintenance (O&M) could prove challenging because of fiscal constraints. Therefore, it is crucial to consider the availability of O&M resources in option analyses for infrastructure subprojects during project preparation and detailed design, with preference given to less maintenance-intensive options.

Project Number: 46293-003
Project Name: Greater Mekong Subregion Tourism Infrastructure for Inclusive Growth Project
Report Date:
Lesson
The success of the government anti-crisis plan in terms of maintaining economic growth and protecting vulnerable groups validated the effectiveness of the government’s approach. The reforms it promoted proved successful in achieving the government’s goals of protecting vulnerable citizens, ensuring food security, and maintaining employment levels while promoting gender equality and climate and disaster resilience.

Project Number: 56147-001
Project Name: Building Resilience with Active Countercyclical Expenditures Program
Report Date:
Lesson
When implementing land acquisition and resettlement activities, affected households, particularly ethnic minorities, must be adequately engaged in a culturally appropriate way, and their needs and willingness should be appropriately factored in during resettlement site selection and new house design. Meanwhile, an income restoration program should be properly designed and timed for implementation before the displacement of affected households. Diversification of livelihood options and income sources can help them better cope with displacement.

Project Number: 46040-003
Project Name: Yunnan Pu'er Regional Integrated Road Network Development Project
Report Date:
Lesson
The success of the government anti-crisis plan in terms of maintaining economic growth and protecting vulnerable groups validated the effectiveness of the government’s approach. The highly pro-poor, socially inclusive measures proved successful in achieving the government’s goal to protect vulnerable populations, ensure food security and price stability, and preserve jobs.

Project Number: 56150-001
Project Name: Building Resilience with Active Countercyclical Expenditures Program
Report Date:
Lesson
Support cannot be directed to the most vulnerable in a crisis in the absence of a social protection system that can be utilized or adapted for this purpose—which provides an additional reason for working with developing member countries to establish and strengthen such systems.

Project Number: 54346-001
Project Name: COVID-19 Rapid Response Program
Report Date: