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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
An alternatives analysis during the appraisal phase could help inform on identifying project alternatives in terms of feasibility of various technical options, and the scale as well as timing of investments. In the case of this program, there were competing views on Ulaanbaatar’s transport sector development. Such an analysis could help enhance buy-in among key stakeholders on the most appropriate alternative to pursue.

Project Number: 39256-023, 39256-024
Project Name: Urban Transport Development Investment Program (Multitranche Financing Facility andTranche 1)
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
Report Date:
Lesson
The choice of a multifinancing facility (MFF)\ as the financing modality for a proposed investment needs to be adequately justified, with due consideration of the fulfillment of preconditions, scope of tranches, and the extent to which an MFF would generate potential value addition in terms of efficiency, portfolio performance, and development results as compared to standalone project-based loans.

Project Number: 37139-023
Project Name: Uttaranchal Power Sector Investment Program - Tranche 1
Report Date: