This validation agrees with the recommendation and rephrases this as a lesson: Partnering with operational projects within ADB is an important step in ensuring that other DMCs outside ASEAN can develop their capital markets and improve governance standards of publicly listed companies.
ADB should explore how to link up ACMF initiatives with other departments of ADB to scale up and so the substantial technical work with ACMF can be made operationally relevant. ACMF’s initiatives on green bonds and corporate governance can help ASEAN member countries develop their capital markets and improve corporate governance standards of PLCs. There is also potential replication to other regional groupings outside ASEAN including the Central Asia Regional Economic Cooperation.
Increasing water productivity with the use of drone and satellite technology is relatively new in the region and together with water accountability can be widely introduced in the region where similar water management structures are still in place. The TA’s outputs should be introduced to other developing member countries for scaling up in the region for better water efficiency.
The TCR lesson is not phrased as a lesson. In finalizing this validation report, the NRM rephrased the lesson and provided additional information: Adequate consideration of Nepal’s political landscape in delivering or scaling up effective agricultural services and approaches in the future is critical. Nepal’s shift to federalism has devolved much of the agriculture sector work to subnational governments. The newly established provincial and local governments require extensive capacity building to deliver agriculture research and extension services.
Nepal's shift to federalism has devolved much of the agriculture sector work to subnational governments. The newly established provincial and local governments require extensive capacity building to deliver agriculture research and extension services. The planned ADB investment project for 2021 delivery will incorporate investments in research and development and a pluralistic extension system, focusing on hill horticulture development.
The project’s design and activity structure are suited to replication in similar future knowledge and support technical assistance operations (Implementation and/or delivery)
Additional lesson: Effective TA implementation to improve project readiness and strengthen policy advisory and capacity building can trigger a follow-on TA and new donor funding (as in this project).
The suggested stakeholder participation lessons may also apply to scaling up.
Agreed. Furthermore, the UNESCAP previously piloted a TTFMM in South Asia. The approach was replicated under this TA project for Output c. The application of well-executed methodologies used in other comparable regions is a positive example of knowledge sharing and replication. It is also important to adopt the approach piloted in other region by fully customizing the approaches that are applicable to the region of the interest, which for this TA project was the Pacific region.
The TA was scaled-up quite significantly from $2 million to $3.9 million. This enabled the project team to be responsive to client’s demands by drawing on the same consulting services to support on multiple technical studies.