Project Performance Evaluation Report for the Gulf Chana Green Company Limited Southern Thailand Waste-to-Energy Project (Thailand)</h1> <article> <h1>Project Performance Evaluation Report for the Gulf Chana Green Company Limited Southern Thailand Waste-to-Energy Project (Thailand)</h1> <p>2026-08-19</p> <p>Thailand’s abundant agricultural resources have long supported its renewable energy ambitions. Under the Alternative Energy Development Plan 2015, the government targeted 5.57 gigawatts (GW) of biomass capacity as part of its 20 GW renewable energy goal by 2036. In 2017, the Asian Development Bank (ADB) approved a B1,109 million loan to Gulf Chana Green Company Limited to support the construction and operation of the 25-megawatt Southern Thailand Waste-to-Energy Project in Songkhla Province.</p> </article> <article> <h1>Pacific Approach: Validation of the Country Assistance Program Review, 2021–2025</h1> <p>2026-08-06</p> <p>This validation assesses ADB’s support under the Pacific Approach, 2021–2025 across 12 Pacific island countries during a period marked by COVID‑19 and repeated disasters. It rates the program successful overall, recognizing ADB’s strong crisis response and support for recovery and resilience. To strengthen the next Pacific Approach, the validation recommends better aligning institutional support with country capacity, improving implementation through more sustained and sequenced engagement, and strengthening the operationalization of differentiated approaches at the country level.</p> </article> <article> <h1>Supporting Finance Sector and Private Sector Development in the Pacific</h1> <p>2026-08-05</p> <p>The technical assistance (TA) aimed to expand the operations of the Asian Development Bank (ADB) in promoting private sector growth in the Pacific developing member countries (DMCs) through the development of the finance sector. It focused on (i) identifying critical structural constraints to finance sector development and private sector growth in the region; (ii) supporting development and processing of new projects that promote financial inclusion, investments, and private sector development; and (iii) facilitating effective engagement by ADB in these sectors.</p> </article> <article> <h1>Bangladesh: Second Small and Medium-Sized Enterprise Development Project</h1> <p>2026-08-04</p> <p>The project was aimed at expanding access to finance for commercially viable small and medium-sized enterprises (SMEs) while strengthening the capacity of entrepreneurs, participating financial institutions, and SME support institutions. It was implemented through a financial intermediary loan that provided medium- and long-term financing to SMEs, particularly in rural areas, and was complemented by technical assistance to enhance institutional capacity, improve SME support services, and promote access to finance for women-led enterprises.</p> </article> <article> <h1>Nepal: Civil Aviation Sector Improvement Program</h1> <p>2026-08-03</p> <p>The program was aimed at supporting the sustainability of Nepal's civil aviation sector and ensuring compliance with European Union aviation safety regulations to facilitate direct international flights. It sought to strengthen the governance, oversight capabilities, accountability, and operational efficiency of the civil aviation sector through reforms, including the restructuring of the Civil Aviation Authority of Nepal and the establishment of independent regulatory and service provider entities.</p> </article> <article> <h1>People’s Republic of China: Guangxi Baise Integrated Urban Environment Improvement Project</h1> <p>2026-08-03</p> <p>The project was aimed at transforming Dongsun into an environmentally friendly, inclusive, and livable urban area by improving urban infrastructure and services, including roads, bridges, water and wastewater systems, river rehabilitation, flood control, and community facilities. It also sought to strengthen institutional capacity and support sustainable urban renewal and development. </p><p>This report validates the completion report's assessment of the project. IED's overall assessment is successful.</p> </article> <article> <h1>Project Performance Evaluation Report (PPER): Louis Dreyfus COVID-19 Climate-Resilient Smallholder Farmer Recovery Project</h1> <p>2026-07-31</p> <p><strong>ONGOING EVALUATION. </strong>The Independent Evaluation Department (IED) is undertaking a Project Performance Evaluation Report (PPER) of the Asian Development Bank’s (ADB) support to the Louis Dreyfus COVID-19 Climate-Resilient Smallholder Farmer Recovery Project, which combined a $100 million nonsovereign loan and a technical assistance grant to support agricultural value chains in India, Indonesia, Pakistan, Thailand, and Viet Nam during the COVID-19 pandemic. </p> </article> <article> <h1>Bangladesh, India, and Nepal: South Asia Tourism Infrastructure Development Project</h1> <p>2026-07-30</p> <p>The project was aimed at enhancing nature- and culture-based tourism destinations of subregional importance through improved regional connectivity, upgraded tourism infrastructure and services, strengthened natural and cultural heritage management, and increased community participation. It was designed to support sustainable and inclusive economic growth and poverty reduction in the subregion by improving access to key tourism destinations, enhancing visitor experiences, and strengthening links between tourism development and local communities.</p> </article> <article> <h1>Uzbekistan: Small and Medium-Sized Enterprises Development Program (Subprograms 1 and 2)</h1> <p>2026-07-30</p> <p>The program was aimed at improving the enabling environment for small and medium-sized enterprise growth, diversification, and high value-added job creation by streamlining the regulatory and institutional framework, expanding access to diversified financial instruments, enhancing trade competitiveness, promoting digitalization, and aligning skills development with market needs.</p> </article> <article> <h1>Promoting Investments and Economic Growth in Central and West Asia, East Asia, and South Asia Subregions</h1> <p>2026-07-30</p> <p>The technical assistance’s (TA) objective was to conduct a feasibility study to further develop the concept and articulate the business case for establishing a multilateral trade credit and investment (re-) guarantee agency (TCIGA), with an aim to obtain firm commitments from prospective TCIGA participants from the Asian Development Bank (ADB) developing member countries (DMCs) in Central and West Asia, East Asia, and South Asia subregions.</p><p>This report validates the completion report's assessment of the TA.</p><p>IED's overall assessment is unsuccessful.</p> </article> <article> <h1>Corporate Evaluation of the Faster Approach to Small Nonsovereign Transactions (2015–2025)</h1> <p>2026-07-27</p> <p><strong>ONGOING EVALUATION. </strong>The Asian Development Bank (ADB) introduced the Faster Approach to Small Nonsovereign Transactions (FAST) as a pilot initiative in March 2015 to address the mismatch between its development objectives and the processing of small nonsovereign transactions. The Independent Evaluation Department (IED) will evaluate FAST over 2015–2025 to determine whether it remains a relevant, effective, and fit-for-purpose approach amid ADB’s evolving strategic priorities, operational needs, and business environment.</p> </article> <article> <h1>Bhutan: Enhancing Aviation Sector Development Capacity</h1> <p>2026-07-21</p> <p>The technical assistance (TA) aimed to improve planning and preparation for enhancing air transport services in Bhutan by strengthening the development capacity of the civil aviation sector. This was pursued through the formulation of a civil aviation sector strategy and the provision of advisory and hands-on support to the execution agency and other stakeholders.</p> </article> <article> <h1>Mongolia: Strengthening Capacity on Disaster Risk Assessment, Reduction, and Transfer Instruments in Mongolia</h1> <p>2026-07-20</p> <p>The technical assistance (TA) aimed to help the National Emergency Management Agency (NEMA) of Mongolia develop the legal, policy, and institutional frameworks needed to strengthen disaster risk assessments and promote disaster risk reduction (DRR) and disaster risk financing and insurance (DRFI) in Mongolia. The TA also intended to improve disaster planning and disaster response, and provide evidence-based policy recommendations, including a draft law for disaster insurance as a key financial risk management tool.</p> </article> <article> <h1>Viet Nam: Greater Mekong Subregion Corridor Towns Development Project</h1> <p>2026-07-20</p> <p>The project was aimed at transforming the corridor towns of Dong Ha, Lao Bao, and Moc Bai into dynamic economic hubs by improving urban environmental infrastructure, strengthening institutional capacities of local and provincial authorities, and enhancing climate resilience.</p> </article> <article> <h1>Promoting Life Cycle Management of Fluorocarbons</h1> <p>2026-07-02</p> <p>The technical assistance (TA) aimed to help the participating developing member countries (DMCs) of ADB in strengthening and promoting effective life cycle management of fluorocarbons, including hydrofluorocarbons (HFCs), through enhanced policy, regulatory, and technical capacities.</p><p>This report validates the completion report's assessment of the TA.</p><p>IED's overall assessment is successful.</p> </article> <article> <h1>Georgia: COVID-19 Active Response and Expenditure Support Program</h1> <p>2026-06-26</p> <p>The program is aimed at supporting the government’s immediate priorities of controlling the spread of COVID-19 and mitigating its economic and social impacts, with a focus on protecting the most vulnerable populations in Georgia. It was designed to strengthen health sector response capacity, assist affected businesses, and enhance livelihood support for vulnerable groups, while incorporating gender-responsive measures and ensuring that women and disadvantaged sectors were included as beneficiaries.</p> </article> <article> <h1>Kyrgyz Republic: Central Asia Regional Economic Cooperation Corridor 3 (Bishkek–Osh Road) Improvement Project, Phase 4</h1> <p>2026-06-23</p> <p>The project was aimed at enhancing regional connectivity and trade along CAREC Corridor 3 by reconstructing and rehabilitating key sections of the Bishkek–Osh Road. It was intended to improve the efficiency and safety of the movement of goods and people by upgrading 52.5 km of road between Bishkek and Kara-Balta, implementing a pilot performance-based maintenance contract, and introducing road safety features.</p> </article> <article> <h1>Evaluation of ADB’s Engagement in Upper Middle-Income Countries: Toward an Outcome-Driven Approach</h1> <p>2026-06-22</p> <p>The share of upper middle-income countries (UMICs) among the developing member countries (DMCs) of the Asian Development Bank (ADB) has risen sharply since the early 2000s. However, ADB’s engagement has not evolved to keep pace, raising concerns about its continued relevance in these contexts. </p> </article> <article> <h1>ADB Evaluation Calls for Stronger Corporate Systems to Deliver More Strategic Engagement with Upper Middle Income Countries</h1> <p>2026-06-22</p> <p>An evaluation by ADB's Independent Evaluation Department calls for reforms to better align corporate systems with strategic objectives in upper middle income countries. </p> </article> <article> <h1>ADB Evaluation Urges Shift to Long-Term, Tailored Support for Pacific and Other Small Island States</h1> <p>2026-06-08</p> <p>A new independent evaluation by ADB's Independent Evaluation Department calls for more tailored support to address the distinct needs of Pacific and other small island developing states, emphasizing the bank’s institutional capacity as the foundation for resilience building.</p> </article> <article> <h1>Waves of Resilience: Evaluation of ADB’s Support to Small Island Developing States</h1> <p>2026-06-08</p> <p>Small island developing states (SIDS) face a distinctive set of structural constraints, including geographic isolation, high exposure to climate, disaster, and economic shocks, limited institutional capacity, and narrow private sectors. These characteristics shape development outcomes, constrain policy options, and influence the effectiveness of external support. </p> </article> <article> <h1>Federated States of Micronesia: Health Expenditure and Livelihoods Support Program</h1> <p>2026-06-01</p> <p>The program is aimed at supporting the government’s countercyclical response to the COVID-19 pandemic by strengthening the health sector, providing economic stimulus to businesses, and expanding social protection for poor and vulnerable groups under a comprehensive national response framework. Implemented through the Asian Development Bank’s pandemic response modality, it financed priority measures that helped mitigate the pandemic’s health and socioeconomic impacts, enhance government capacity for response and recovery, and reduce adverse effects on individuals and communities.</p> </article> <article> <h1>Program Performance Evaluation on a Cluster of Results-based Lending Programs</h1> <p>2026-05-27</p> <p><strong>ONGOING EVALUATION. </strong>IED is producing a cluster of project performance evaluation reports (PPERs) of five RBL programs: two energy and one irrigation projects in Indonesia, a health and an education project in India and Indonesia. The PPERs will assess the relevance, effectiveness, efficiency, and sustainability of each RBL program, as well as the extent to which they strengthen the country systems.</p> </article> <article> <h1>Georgia: Support to Fiscal Resilience and Social Protection Reform Facility</h1> <p>2026-05-22</p> <p>The objective of this technical assistance (TA) facility was to provide comprehensive policy, institutional, and capacity-building support to the Government of Georgia to promote macroeconomic stability, fiscal resilience, and inclusive economic recovery, while protecting social spending for the most vulnerable. It was envisaged to strengthen fiscal stability through domestic resource mobilization, private sector and capital market development, public–private partnerships (PPPs), and pension reform.</p><p>This report validates the completion report's assessment of the TA.</p> </article> <article> <h1>Enhancing Effectiveness of Subregional Programs to Advance Regional Cooperation and Integration in Southeast Asia</h1> <p>2026-05-22</p> <p>The technical assistance (TA) was expected to improve the effective implementation of subregional programs, the Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area (BIMP-EAGA) and the Indonesia–Malaysia–Thailand Growth Triangle (IMT-GT), through three outputs: (i) strategic, sector, and institutional links and coordination between subregional programs and the Association of Southeast Asian Nations (ASEAN) improved; (ii) project development and managing for development results enhanced; and (iii) capacities of civil servants in design and implementation of regional cooper</p> </article> <article> <h1>Marine Aquaculture, Reefs, Renewable Energy, and Ecotourism for Ecosystem Services</h1> <p>2026-05-22</p> <p>The technical assistance (TA) was designed to enhance several regional initiatives of ADB regarding ocean health, the hydrogen economy, coral reef insurance products, offshore renewable energy, and green ports. It also aimed to foster the development of commercially feasible integrated approaches toward the TA’s four key areas: marine aquaculture, reefs, renewable energy, and ecotourism services (MARES).</p> </article> <article> <h1>Innovation in Education Sector Development in Asia and the Pacific</h1> <p>2026-05-07</p> <p>The knowledge and support technical assistance (TA) aimed to help the Education Sector Group of the Asian Development Bank (ADB) establish and operate an education partnership platform (EPP) to significantly strengthen education development efforts in developing member countries (DMCs).</p><p>This report validates the completion report's assessment of the TA.</p><p>IED's overall assessment is successful.</p> </article> <article> <h1>Learning Lessons: Evaluation Insights for Shaping Crisis Response to the Conflict in the Middle East</h1> <p>2026-05-05</p> <p>The conflict in the Middle East has introduced a significant external economic risk with implications for energy prices, trade, and domestic stability across developing Asia. Multilateral development banks (MDBs) can best support their developing member countries (DMCs) affected by the crisis in the Middle East. To inform on how MDBs can best support DMCs, the Independent Evaluation Department (IED) at the ADB highlights six evaluation lessons from various recent regional and global crisis episodes.</p> </article> <article> <h1>An Evaluation of the Digital Ecosystem and Landscape Transformation at the ADB</h1> <p>2026-05-04</p> <p><strong>ONGOING EVALUATION</strong>. The Asian Development Bank (ADB) has long invested in technology to support its day-to-day operations, improve efficiency, promote collaboration, and strengthen institutional resiliency. This evaluation approach paper outlines an evaluation of ADB’s digital transformation. It will assess the design and implementation and evolution of initiatives aimed at modernizing ADB’s digital architecture, governance structure, and systems. </p> </article> <article> <h1>Independent Evaluation Finds Stable Operational Performance at ADB, Urges Stronger Poverty Reduction Measures</h1> <p>2026-04-27</p> <p>The latest evaluation by ADB's Independent Evaluation Department finds that ADB’s overall operational performance remained broadly stable in 2025, with significant variations across sectors. </p> </article> </main></body></html>