Financing Partnership Facilities

Date: December 2010
Type: Evaluation Reports
Subject:
Evaluation; Finance; Regional cooperation and integration
Series: Special Evaluation Studies

Description

Financing Partnership Facilities (FPF) are defined as operational "platforms" for strategic, long-term and multipartner cooperation that link various forms of assistance in a coordinated manner for well-defined purposes. This study evaluates the implementation ADB’s first three FPFs— established during 2006–2007—covering water, regional co-operation, and clean energy.

Because the FPF portfolio is quite new, the study puts more emphasis on evaluating processes and actual outputs, rather than outcomes and likely impacts. It calls the FPFs in the water and clean energy sectors “good first attempts.”

The study identified key FPF issues encountered in tracking and monitoring the direct charge modality, and it stresses the need to strengthen administrative arrangements in some areas. It notes that were some “chronic” implementations delays at the project level.

It recommends that a more structured and coordinated approach be developed to secure new financing partners, an FPF fund replenishment, establishing systems for improving ADB’s uptake capacity of nonmonetary FPF financing mechanisms; as well as improving FPF design and monitoring, paying particular attention to outcome indicators and the cost of inputs.

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Contents

  • Executive Summary
  • Introduction
  • Financing Partnership Facilities
  • Relevance
  • Effectiveness
  • Efficiency
  • Sustainability
  • Overall Assessment
  • Issues, Lessons, and Recommendations
  • Appendixes
  • Supplementary Appendixes