People’s Republic of China: Accelerating the Reform of Application-Oriented Undergraduate Programs at Local Universities in Yunnan Province

This knowledge and support technical assistance (TA) aimed to support the efforts of the Yunnan Provincial Department of Education (Yunnan PDE) to implement wider reforms of application-oriented undergraduate programs at local universities in the Yunnan Province. The TA was to deliver the following outputs: (i) assessment of the status of the reform by organizing workshops with various stakeholders; (ii) documentation and dissemination of the good practices and lessons on the reform in the form of case studies and thematic reports; and (iii) development of policy recommendations to accelerate the reform in line with local industry transformation and upgrading plans.

This report validates the completion report's assessment of the TA.

IED overall assessment is successful.

Kyrgyz Republic: Enhancing Knowledge and Capacity for Project Management in the Kyrgyz Republic

The technical assistance (TA) project aimed to achieve a more efficient implementation of public investments in the Kyrgyz Republic. It intended to provide hands-on support for project management and implementation, capacity building and training in Asian Development Bank (ADB) operations, and facilitate knowledge sharing and policy dialogue with the Government of the Kyrgyz Republic.

This report validates the completion report's assessment of the TA.

IED overall assessment is successful.

Improving Access to Climate Finance

Climate change, in my view, is likely to be one of the foremost macroeconomic, financial, and debt policy challenges that IMF members will face over the coming decades. Meeting this challenge will require an unprecedented and massive scaling up of global investments for climate adaptation and mitigation. The good news is that at the current rate of $630 billion a year, the scaling up has already begun. ESG investments continue growing as an asset class on the investment landscape. The bad news is that this amount is still far short of the estimated financing needed for the green transition.