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Evaluation Report For The Youth Investment And

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Skip to search form Skip to main content You are currently offline. Some features of the site may not work correctly. DOI: The Youth Employment Initiative YEI in Portugal is the framework for a set of specific actions to take place in regions experiencing youth unemployment rates above 25 per cent, and which aim to help young individuals who are not in education, employment, or training [NEET]. This report evaluates the YEI implementation in Portugal, using counterfactual impact evaluation CIE methods to estimate its causal impact on young individuals' labour market outcomes. View via Publisher. Save to Library. Create Alert. Launch Research Feed. Share This Paper.

However, the power plant is not yet connected with natural gas supply because of the shortage of natural gas in the country. Thus, it operates on high-speed diesel, considerably increasing its cost of generation and causing it to be dispatched sparingly.

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Unless adequate gas supply is ensured, utilization will be significantly reduced, inhibiting the economic justification of the investment. Provision of adequate gas supply to the power plant by end, as per recent developments, needs to be ensured. This project underestimated the risks associated to the independence and autonomy of cofinanciers under the parallel cofinancing modality. Lack of coordination between stakeholders exacerbated these risks and resulted in the withdrawal of cofinancing, nonachievement of project outputs and outcomes, and implementation delays.

Centralized coordination of the overall project could have ensured better complementation and utilization of the strengths of each cofinancier. Specifically, the targeted reduction in transmission losses of three lines was incorrect as: i there is no reduction of losses to speak of in new transmission lines, and ii the Report and Recommendation of the President for the investment program of which this project is a part has set the reduction of transmission losses for the entire power system in Bangladesh as a performance target for the whole program not just this project. Besides Evaluztion accurate, target-setting should refrain from Relort those that are dependent or heavily influenced by factors not under control of the project. This comprised a Evaluation Report For The Youth Investment And missed opportunity for reviewing project implementation progress and updating its DMF, taking account of the delays and cancellation of the power generation subprojects. This missed opportunity, together with lack of adherence to ADB instructions for changes in scope, impacted project performance and led to its dismal effectiveness rating.

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The resettlement plan was not updated to reflect the impacts of the additional scope undertaken under this project to meet the increased demand for more transmission infrastructure in some areas. Article source the absence of an updated resettlement plan did not materially affect project implementation, the need for safeguards and safeguard documents to address changes in scope should not be underestimated in future projects. Such updating is vital to ensuring project compliance to ADB and national safeguard policies. This project, implemented with cofinancing from the European Investment Bank EIB and the Islamic Development Bank under the parallel cofinancing modality, encountered several challenges.

Similarly, the procurement of project management consultants for the Khulna power plant conversion, originally planned to be financed by EIB grant Thr, had to be financed and administered by ADB. Clarity on cofinancier policy would have avoided the need for such remedial actions during implementation.

Inclusion of all essential elements of a subproject under the administration of one financier should also be considered in future cofinancing arrangements. ADB should have ensured that audited project financial statements and audited entity financial statements were received and uploaded to the ADB database in a timely manner.

By periodically link in with the executing agencies during loan review missions, ADB could have been proactive in pursuing qualified audit opinions and internal control deficiencies highlighted by the management letters.

At the project design stage, it was important to incorporate suitable capacity building elements to strengthen to financial management capacity and knowledge, and to provide an explanation of ADB guidelines and policies, as needed. The government planned to improve the situation by investing in power system infrastructure development and energy sector click here. The envisaged impact of the tranche 1 project was for Bangladesh to have increased access to clean and reliable electricity supply.

Its expected outcome was improved efficiency in electricity generation and transmission Evaliation Bangladesh. It had four intended outputs: i increased generation capacity through supply side energy efficiency improvements in four power plants, ii increased transmission capacity through construction of three transmission lines, and iii enhanced capacity of power sector agencies, and An project management system in place.

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Repoort its own funds and after a 3-year delay, the government completed Teh conversion of the power plant supposed to be financed by the IsDB in March Conversion of the other two power plants with EIB financing was cancelled, reducing the scope of the project. The delay and cancellation of subprojects affected the outcome related to output 1 of the project. Construction of additional transmission lines and substations, financed by ADB, were completed in Decemberfollowing a 2-year delay.

The new transmission lines and substations reduced some bottlenecks in the transmission network, facilitated the dispatch of more efficient power plants, and increased the supply capacity of the power system. They helped reduce transmission losses from 2. Power sector personnel were trained on investment planning, operations planning, energy auditing, monitoring, governance, and more. Several officials were sent for capacity building abroad.

Consultancy services for the preparation of the MFF tranche 2 and tranche 3 projects were supported check this out so were consultancy services to assist with the implementation of one transmission subproject under another ADB loan and build the technical capacity of the project management units. Overall, the project helped the Bangladesh power sector achieve significant improvements in supply reliability and efficiency and enhanced the capacity of power sector personnel.

However, the project design was not robust enough to deliver the output and outcome Evalluation. Project design shortfalls were noted in the following Evaluation Report For The Youth Investment And i lapses in due diligence such as substantially low-cost estimates and applicable policies for the administration of EIB grant funds; and ii weaknesses in the design and monitoring framework; failure to update for changes in scope, for example, by not conducting a midterm review mission; and failure to address main design deficiencies during project implementation. To learn more, click here to view our cookie policy.]