Think Sustainable, Act Responsible - Asian Development Bank · Goals (MDGs), the launch of the post-2015 Sustainable Development Goals (SDGs), and it has also been declared the International

THINK SUSTAINABLE

ACT RESPONSIBLE

EvaluationIndependent15–16 September 2015

Asian Development BankManila, Philippines#ThinkSustainable

Think Sustainable, Act Responsible n 1

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About the Event2015 is the target date for the achievement of the Millennium Development Goals (MDGs), the launch of the post-2015 Sustainable Development Goals (SDGs), and it has also been declared the International Year of Evaluation. These three milestones mean that 2015 is a special year for the international development community at large and for the international evaluation community in particular.

Sustainability permeates all MDGs. It has been given even more explicit prominence in the SDGs, and is also a key dimension of evaluation practice. To highlight this, Independent Evaluation is hosting the learning event, “Think Sustainable, Act Responsible” to explore sustainability from three main angles: macroeconomic and fiscal sustainability, project or investment sustainability, and environmental sustainability.

To sustain high and quality growth, it is vital that productivity improvements complement investments. In the face of growing inequalities, the reality of continued environmental degradation, and runaway climate change, the region’s challenge is to generate innovative ways of productivity expansion. That means greater efficiencies and improved sustainability are needed from investments in physical, human and natural resources. Four aspects of sustainability are especially noteworthy: macroeconomic, fiscal, project, and environmental.

The event aims to bring together senior government officials from countries in Asia and the Pacific, private sector executives, leading academics, senior representatives from the development community, and ADB staff and management.

The learning event will also be used as a platform to award good quality self-evaluations of ADB projects, those that demonstrate sustainability, and an ADB project with exemplary performance. Candidates for the awards were drawn from the project completion reports and extended annual review reports that were independently validated in 2014.

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“Greater efficiencies and improved sustainability are needed from investments in physical, human, and natural resources. Four aspects of sustainability are especially noteworthy: macroeconomic, fiscal, project, and environmental.”

EVAL

2 n Think Sustainable, Act Responsible

DAY 1 n 15 September, Tuesday n Auditoriums A–D

8:00–8:55 REGISTRATION (AUDITORIUM LOBBY)

8:55–9:00 WELCOME REMARKSVinod Thomas, Director General, Independent Evaluation at the Asian Development Bank (ADB)

9:00–10:30 INNOVATIVE APPROACHES TO SUSTAINING PROGRESSSpeakersMargareta Wahlström, Special Representative of the Secretary General United Nations Office for

Disaster Risk Reduction (UNISDR) Joachim von Amsberg, Vice President, Development Finance, World BankKuntoro Mangkusubroto, Chair of the School Advisory Board, School of Business and

Management – Institut Teknologi Bandung (SBM-ITB)Takehiko Nakao, President, ADB

ModeratorStephen Groff, Vice President, Operations 2, ADB

10:30–11:00 COFFEE BREAK (AUDITORIUM GALLERY)

11:00–12:30 ENVIRONMENTAL SUSTAINABILITYSpeakersManish Bapna, Executive Vice President and Managing Director, World Resources Institute Eka Grigalava, Deputy Minister, Environment and Natural Resources Protection, Georgia Antonia Loyzaga, Executive Director, Manila Observatory Vinod Thomas, Director General, Independent Evaluation, ADB

ModeratorKaren Davila, News Anchor/Correspondent, ABS-CBN Broadcasting Network

12:30–2:00 LUNCH (EXECUTIVE DINING ROOM)

2:00–3:30 INSTITUTIONS AND GOVERNANCESpeakersEdna Co, Professor, Public Administration, University of the Philippines Center for Integrative and

Development Studies (UP CIDS)Saraswathi Menon, Member, United Nations Advisory Group of Experts on the Independent

Review of Peacebuilding ArchitectureIndran Naidoo, Director, Independent Evaluation Office, United Nations Development ProgrammeRamesh Subramaniam, Director General, Operations Services and Financial Management

Department, ADB

ModeratorJargalsaikhan Dambadarjaa, TV Host, DeFacto, Mongolian National TV

3:30–4:00 COFFEE BREAK (AUDITORIUM GALLERY)

4:00–5:30 NETWORKING SESSIONS WITH SECTOR AND THEMATIC GROUPS

5:30–7:00 COCKTAIL RECEPTION (EXECUTIVE DINING ROOM)

Program at a Glance


DAY 2 n 16 September, Wednesday n Auditoriums A–D

8:30–9:00 REGISTRATION (MORNING SNACKS AVAILABLE)

9:00–10:30 FISCAL AND MACROECONOMIC SUSTAINABILITYSpeakersPeter Petri, Carl J. Shapiro Professor of International Finance, Brandeis International Business

School (IBS) Rintaro Tamaki, Deputy Secretary General, Organisation for Economic Co-operation and

Development (OECD) Marilou Uy, Director, G-24 Secretariat, Intergovernmental Group of Twenty-Four on International

Monetary Affairs and Development (G-24)Shang-Jin Wei, Chief Economist and Director General, Economic Research and Regional

Cooperation Department, ADB

ModeratorRico Hizon, News Anchor, Editorial, BBC World News

10:30–11:30 IED AWARD CEREMONYPresenter/Special MessageDominic Walton-France, Alternate Executive Director, ADB

11:30–1:00 LUNCH (EXECUTIVE DINING ROOM)

1:00–2:30 PROJECT SUSTAINABILITYSpeakersRichard Edwards, Deputy Head, Evaluation Department, Department for International

Development (DFID), United KingdomPhilippe Gaeng, President, Proximity Funding (Philippines) FoundationMotoo Konishi, Country Director, World Bank Philippines Juan Miranda, Managing Director General, ADB

ModeratorJamela Aisha Alindogan, Broadcast Journalist, Al Jazeera

2:30–4:30 VOTE OF THANKS AND COCKTAILS



Innovative Approaches to Sustaining Progress2015 is a momentous year for global development initiatives. It is the target date for the Millennium Development Goals, it will see the launch of the Sustainable Development Goals, and we might see an international climate deal at the 21st Conference of the Parties for Climate Change in November of this year.

Sustainability is tightly integrated into the key principles underlying these global initiatives.

Against this background, Independent Evaluation hosts “Think Sustainable, Act Responsible,” a learning event focused on exploring sustainability from four main angles: macroeconomic and fiscal sustainability, environment and climate change, institution and governance, and project or investment sustainability. The opening session will set the stage for the ensuing discussions. It will provide a broad framework for actions needed to sustain the significant progress made in Asia and the Pacific in recent decades.

The focus will be on innovative ways to address the complex and contested issues of sustained development, particularly in the context of dynamic changes taking place in the region and across the world.

Some of the questions addressed in the session are:

ɂ What are the key challenges and opportunities that could either compromise or foster the long-term sustainability of Asia’s remarkable progress?

ɂ How can the international development community effectively respond to the challenges and capitalize on opportunities?

ɂ How do we ensure that countries in the region learn from each other and replicate successful initiatives?

Date and Time 15 September 20159:00 a.m.–10:30 a.m.

SpeakersMargareta WahlströmSpecial Representative of the Secretary General United Nations Office for Disaster Risk Reduction (UNISDR)

Joachim von AmsbergVice President, Development Finance, World Bank

Kuntoro MangkusubrotoChair of the School Advisory Board, School of Business and Management – Institut Teknologi Bandung (SBM-ITB)

Takehiko NakaoPresident, ADB

ModeratorStephen GroffVice President, Operations 2, ADB

“What are the key challenges and opportunities that could either compromise or foster the long-term sustainability of Asia’s remarkable progress?”



Environmental SustainabilityAsia has experienced significant growth that has contributed greatly to poverty reduction in the region. However, rapid growth, urbanization, and associated changes in people’s diets and consumption patterns have also contributed to environmental degradation, deforestation, biodiversity loss, air pollution, and water quality deterioration that threaten long-term economic growth and poverty reduction. These stresses have been compounded by climate change and climate change-related disasters to which the Asia and Pacific region is the most vulnerable.

Against this context, this session will zoom in on the implications of environmental threats to the region and explore options and opportunities for promoting environmentally sustainable growth.

Some questions to guide the session include:

ɂ How can development partners and governments put into practice a nexus approach to energy, food, and water to ensure environmental sustainability?

ɂ How can market incentives be used to preserve wetlands and forests, and to check air pollution?

ɂ What green growth strategies and best practices work toward improving the environment and increasing resilience?

ɂ How can the private sector contribute to enhancing environmental sustainability? What incentives are needed to develop new environment-friendly technologies?

ɂ How can development partners and governments assist in leapfrogging over inefficient and polluting technologies by introducing cleaner ones?

Date and Time 15 September 201511:00 a.m.–12:30 p.m.

SpeakersManish BapnaExecutive Vice President and Managing Director, World Resources Institute

Eka GrigalavaDeputy Minister, Environment and Natural Resources Protection, Georgia

Antonia LoyzagaExecutive Director, Manila Observatory

Vinod ThomasDirector General, Independent Evaluation, ADB

ModeratorKaren DavilaNews Anchor/Correspondent, ABS-CBN Broadcasting Network

“How can development partners and governments put into practice a nexus approach to energy, food, and water to ensure environmental sustainability?”



Institutions and GovernanceCountries in Asia and the Pacific face a number of distinct and daunting challenges to sustainable development, from growing inequalities to the ravages of natural disasters and environmental degradation. They can no longer pursue growth at any cost without dire consequences for their natural environment and quality of life.

Despite its success in producing fast-growing economies, the region continues to be plagued by poor public services, weak institutions, civil conflict, and corruption scandals. These hold back countries and their citizens, especially women, from realizing their fullest potential.

Embracing better governance to build economies that are socially inclusive and environmentally sustainable is now an extremely urgent priority. Governments need to retool their institutions to enhance transparency, accountability, predictability and enforceability especially in those countries where revenues are generated from natural resource exports.

This session will explore approaches to governance that are likely to be fruitful, based on reform experiences in tackling various problems in different countries.

Some of the questions addressed in the session are:

ɂ What changes are urgently needed in governance at the local and global level to increase quality of growth?

ɂ What should development partners do to better support governance and institutions in Asia and the Pacific?

ɂ How can development partners support partnerships between government, private sector, civil society, and NGOs for effective governance?

Date and Time 15 September 20152:00 p.m.–3:30 p.m.

SpeakersEdna CoProfessor, Public Administration, University of the Philippines Center for Integrative and Development Studies (UP CIDS)

Saraswathi MenonMember, United Nations Advisory Group of Experts on the Independent Review of Peacebuilding Architecture

Indran NaidooDirector, Independent Evaluation Office, United Nations Development Programme

Ramesh SubramaniamDirector General, Operations Services and Financial Management Department, ADB

ModeratorJargalsaikhan DambadarjaaTV Host, DeFacto, Mongolian National TV

“Embracing better governance to build economies that are socially inclusive and environmentally sustainable is now an extremely urgent priority.”



Fiscal and Macroeconomic SustainabilityRapid growth in Asia and the Pacific has significantly improved living standards and greatly reduced poverty. However, the region’s growth and its benefits are threatened by a number of factors. Among them are widening income disparities, low revenue generation for public programs and service delivery, inadequate allocation for social programs and innovation, and weak sustainability of public investments. In this context, this session will explore experiences in achieving macroeconomic and fiscal sustainability, how they contribute to sustainable development, and the role of development partners and development interventions.

The session will tackle the following:

ɂ What fiscal reforms are needed to strengthen sufficient revenue mobilization in Asia? What progressive tax reforms are needed to help reduce inequality?

ɂ How can governments pursue strategic allocation of resources for education, skills development, health care, and research and development to narrow inequality and improve productivity?

ɂ How can we support better readiness for PPPs? ɂ What policies help prevent macroeconomic instability and achieve

sustainable growth?

Date and Time 16 September 20159:00 a.m.–10:30 a.m.

SpeakersPeter PetriCarl J. Shapiro Professor of International Finance, Brandeis International Business School (IBS)

Rintaro TamakiDeputy Secretary General, Organisation for Economic Co-operation and Development (OECD)

Marilou UyDirector, G-24 Secretariat, Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24)

Shang-Jin WeiChief Economist and Director General, Economic Research and Regional Cooperation Department, ADB

ModeratorRico HizonNews Anchor, Editorial, BBC World News

“How can governments pursue strategic allocation of resources for education, skills development, health care, and research and development to narrow inequality and improve productivity?”


IED Award CeremonyDate and Time 16 September 201510:30 a.m.–11:30 a.m.

Presenter/Special MessageDominic Walton-FranceAlternate Executive Director, ADB

Independent Evaluation presents awards for good quality self-evaluations of ADB projects, those that demonstrate sustainability, and for an ADB project with exemplary performance. Candidates for the awards were drawn from the 79 project completion reports (PCRs) and 26 extended annual review reports (XARRs) that were independently validated in 2014.

Quality self-evaluations provide important feedback to operations and help strengthen ADB’s future support. The Best PCR and XARR Awards commend operational departments for well-prepared self-assessments. Awardees were selected based on the quality of presentation, analyses, lessons, and recommendations.

The Sustainable Project Awards are given to projects that exhibit financial and institutional capacities to sustain project outputs and outcomes. The awards also recognize ADB’s contribution in sustaining the gains from these projects.

The Highly Successful Project Award showcases ADB’s developmental contribution in the Asia and Pacific region. It especially commends the project for exemplary design and implementation that, in turn, promoted innovative and transformative changes in the country.

Some of the awardees during the 2014 Award Ceremony


Project SustainabilityProject sustainability implies technical, financial, environmental, social, and political sustainability. ADB is one of leading players in supporting investments in infrastructure projects. However, a project can achieve its specific objectives without making a significant contribution to sector development, or it can even have a negative long-term effect on the environment.

Key determinants for the sustainability of project investments over the long run are: a positive assessment of political ownership, pricing and financial viability, effective operational and maintenance costs, replicability and willingness to scale up, and environmental resilience and awareness of climate change impact. Development professionals should address sustainability issues at design and inception. Evaluation of projects at completion should be done within the broader context of sustainable development.

In this session, the focus will be on how to respond to these challenges and on ways to link project sustainability to overarching sustainable development.

Key questions to answer:

ɂ What key challenges threaten the sustainability of a project? ɂ Who are the main stakeholders to address the challenges, and what

measures have proven effective? ɂ Is financial sustainability, that is, full cost recovery, “a must” for multilateral

financial institutions? ɂ For issues that cut across boundaries, how can key players forge collective

action? ɂ How can stakeholders improve investment productivity? ɂ How can ADB successfully partner with countries to achieve better project

sustainability? ɂ How do we replicate successful cases in the region?

Date and Time 16 September 20151:00 p.m.–2:30 p.m.

SpeakersRichard EdwardsDeputy Head, Evaluation Department, Department for International Development (DFID), United Kingdom

Philippe GaengPresident, Proximity Funding (Philippines) Foundation

Motoo KonishiCountry Director, World Bank Philippines

Juan MirandaManaging Director General, ADB

ModeratorJamela Aisha AlindoganBroadcast Journalist, Al Jazeera

“Development professionals should address sustainability issues at design and inception. Evaluation of projects at completion should be done within the broader context of sustainable development.”


PROFILES


ProfilesMargareta Wahlström is the special representative for disaster risk reduction in the United Nations. She was appointed by United Nations Secretary-General Ban Ki-moon in November 2008. Ms. Wahlström has extensive experience in both disaster relief operations and disaster risk management, with the United Nations system and the International Federation of Red Cross and Red Crescent Societies. Her broad experience spans conflict and nonconflict emergencies, and addressing long-term issues of sustainable development. She is also the head of the United Nations Office for Disaster Risk Reduction (UNISDR), which ensures synergies among the disaster reduction activities of the United Nations system and regional organizations and activities in socioeconomic and humanitarian fields. UNISDR supports the implementation of the Hyogo Framework for Action 2005-2015 and the Sendai Framework for Disaster Risk Reduction 2015- 2030.

Joachim von Amsberg is the vice president of development finance at the World Bank Group. He oversees the strategic mobilization of resources, helping to align the needs of recipients, World Bank Group institutional priorities, and priorities of funding partners through a variety of funding instruments. Mr. Von Amsberg is responsible for the replenishment and stewardship of the International Development Association (IDA), the World Bank’s fund for the poorest, as well as for trust fund and partnership operations, including the trusteeship of financial intermediary funds. He oversees the department responsible for monitoring IBRD’s financial sustainability and ensuring the effective utilization and prudent management of financial resources. He also oversees the World Bank Group’s Secretariat on Financing for Development, which is working to identify ways to scale up the resources needed to finance the post-2015 Sustainable Development Goals.

Kuntoro Mangkusubroto is the former head of the Indonesian President’s Delivery Unit for Development Monitoring and Oversight at the 2nd period of President Susilo Bambang Yudhoyono’s cabinet, responsible for monitoring the progress of national priorities, evaluating the performance of ministries and government agencies, resolving implementation bottlenecks, and managing the President’s Situation Room. He also chaired the Taskforce for Reduction of Emissions from Deforestation and Forest Degradation, and the National Committee on the Post-2015 Development Agenda to support the President’s role as co-chair of the High-Level Panel of Eminent Persons at the United Nations. Mr. Mangkusubroto is a professor at the School of Business and Management – Institut Teknologi Bandung (SBM ITB). He gained his PhD in decision science from ITB. He has two master’s degrees in industrial engineering and civil engineering from Stanford University.

Takehiko Nakao is the President of ADB and the Chair of ADB’s Board of Directors. He assumed office in April 2013. Before joining ADB, he was the vice minister of finance for international affairs at the Ministry of Finance of Japan. In a career spanning more than 3 decades, Mr. Nakao has gained extensive experience in international finance and development. He joined Japan’s Ministry of Finance in 1978. From 1994 to 1997, he served as economist and advisor at the International Monetary Fund. He was assigned as minister at the Embassy of Japan in Washington, DC between 2005 and 2007. In 2010 and 2011, he was a visiting professor at the University of Tokyo. He has published books and numerous papers on financial and economic issues. He holds a bachelor’s degree in economics from the University of Tokyo and a master of business administration from the University of California, Berkeley.

PROFILES


Stephen Groff is vice-president (Operations 2) of ADB, responsible for the full range of ADB’s operations in East Asia, Southeast Asia, and the Pacific. He also supports ADB’s President in managing overall operations, represents ADB in high-level multilateral fora, and contributes to managing its relationships with its shareholders, other multilateral financial institutions, and key government, private sector, and civil society partners. Prior to joining ADB, Mr. Groff was deputy director for development cooperation at the OECD where he led OECD’s work on a wide range of development-related economic and political issues. He also served as OECD’s envoy to the G20 Working Group on Development and was a member of the World Economic Forum’s Global Agenda Council. Mr. Groff holds a master’s degree in public administration from Harvard University and a bachelor of science degree in environmental biology from Yale University.

Manish Bapna is the executive vice president and managing director of the World Resources Institute, a global research organization that works to address six urgent sustainability challenges: food, forests, water, climate, energy, and cities. He served as WRI’s acting president from 2011-2012. Mr. Bapna oversees WRI’s programs, chairs WRI’s management team and works to strengthen the impact of WRI research. Before this, he was executive director of the nonprofit Bank Information Center (BIC), whose mission is to protect rights and promote sustainability in the projects and policies of international financial institutions. Mr. Bapna also served as a senior economist and task team leader at the World Bank. Earlier, he worked as a strategy consultant for McKinsey & Company in the financial services and technology industries. Mr. Bapna received graduate degrees from Harvard Business School and Harvard Kennedy School and an undergraduate degree from MIT.

Eka Grigalava serves as deputy minister of environment and natural resources protection of Georgia. She moved to the public sector from the oil and gas industry, where she worked for the previous 10 years. She was the sustainability manager at Saipem-Azfen JV for the South Caucasus Pipeline Expansion project in Georgia. Ms. Grigalava also worked for the Trans Adriatic Pipeline in Zug, Switzerland, where she was responsible for managing the project’s stakeholder relations in Greece, Albania and Italy. She has extensive experience in corporate social responsibility, social compliance, project management, and stakeholder relations. Ms. Grigalava holds a BA in public administration from Georgian Technical University and an MA in public administration from Georgian Institute of Public Affairs.

Maria Antonia Yulo Loyzaga is the executive director of the Manila Observatory. She oversees collaboration with international climate and space agencies and other organizations on climate and disaster risk reduction. She represents the Manila Observatory on the Philippines Department of Science and Technology’s Committee on Space Technology Applications, and works to advance scientific research in climate and disaster resilience through public–private partnerships. She is the project team leader for Metro Manila on the International Development Research Center’s Coastal Megacities at Risk Project. She has served as a member of the UNESCO National Commission’s Science and Technology Committee. In 2013, she was given special recognition by the Armed Forces of the Philippines for her contributions to the military emergency disaster response operations in the wake of Typhoon Haiyan. She has an MA in government from Georgetown University.


Vinod Thomas is director general of Independent Evaluation at ADB, where he reports to ADB’s Board of Directors in assessing the accountability of the organization in delivering results while providing lessons of experience to help strengthen those results. Mr. Thomas was the director general and senior vice president of the Independent Evaluation Group at the World Bank Group. He was formerly country director for Brazil and vice president. Before that he was vice president of the World Bank Institute, where he led the institute’s efforts to improve its focus, quality, and impact. He joined the World Bank in 1976 and held several positions, including chief economist for the East Asia and Pacific region, director for the World Development Report, chief of trade policy and principal economist for Colombia, and economist for Bangladesh. Mr. Thomas has a PhD and MA in economics from the University of Chicago and a BA from St. Stephen’s College, Delhi.

Karen Davila is a news anchor and correspondent for the ABS-CBN Broadcasting Corporation in the Philippines. She handles three live daily programs, including Bandila, the station’s late night nationwide news broadcast. She also presents a weekly magazine show on Filipino entrepreneurship. In 2010, she was named one of the Young Global Leaders in the World Economic Forum. She received a Ten Outstanding Young Men of the Philippines award in 2008 and an Outstanding Women in the Nation’s Service award in 2013, both for broadcast journalism.

Edna Estifania A. Co is full professor of public administration and former dean of the National College of Public Administration and Governance at the University of the Philippines. She was a visiting research fellow at the Institute for Development and Policy Management at the University of Manchester in England; a visiting lecturer at the City University of Hong Kong and the Meiji University in Japan. Her fields of expertise include social development administration, organization studies, citizen participation in governance, and democracy studies. Dr. Co initiated the Philippine democracy assessment methodology in 2004 and since then partners with the International Institute for Democracy and Electoral Assistance (International IDEA) on knowledge resource development in Asia and the Pacific. Dr. Co is currently the executive director of the University of the Philippines Center for Integrative and Development Studies.

Saraswathi Menon is currently a member of the Advisory Group of Experts appointed by the secretary general of the UN to review the UN’s Peacebuilding Architecture. She was also part of a 3-member group appointed by the World Bank Board Committee on Development Effectiveness to conduct an independent review of the World Bank’s Independent Evaluation Group. She worked for many years with UNDP as a member of the team of authors of the first six Human Development Reports, as the UN resident coordinator and UNDP resident representative in Mongolia, and as the director of the evaluation office. Most recently she was the first director of policy in the newly formed UN Women. Ms. Menon worked as an academic in Madras University before joining the UN. She has an MA, MPhil and PhD from Jawaharlal Nehru University in New Delhi. Her doctoral dissertation was on land control and caste in a district of south India.


Indran Naidoo is the director of UNDP’s Independent Evaluation Office, responsible for the evaluation of UNDP’s global, thematic, and country level programs. Mr. Naidoo has held several oversight positions in South Africa, serving as director of monitoring and evaluation in the National Department of Land Affairs and later as its chief director and deputy director general for both Leadership and Management Practices and Monitoring and Evaluation. He evaluated government performance against democratic and transformational initiatives and policies. He was also elected as board member to the International Development Evaluation Association (IDEAS) and has been a visiting lecturer since 2008 for the International Programme for Development Evaluation (IPDET). Mr. Naidoo holds a master’s degree in geography from West Virginia University, USA, and a PhD in evaluation from the University of Witwatersrand in South Africa.

Ramesh Subramaniam is director general of ADB’s Operations Services and Financial Management Department. Prior to this, he was the deputy director general of the Southeast Asia Regional Department and senior director at the Office of the Regional Economic Integration. He was also director of the financial sector and public management group and later of the urban infrastructure group in the Central and West Asian regional operations of ADB. He was ADB’s coordinator for the APEC Finance Ministers’ Process, and co-team leader for the ASEAN Infrastructure Fund. Mr. Subramaniam has a master’s degree in econometrics from the University of Madras in India and a PhD in econometrics and development economics from McMaster University, Canada. He was a research fellow on industry and corporate finance at the University of St Andrews in Scotland and a Rockefeller fellow at Yale University Economic Growth Center.

Jargalsaikhan Dambadarjaa is an independent economist and media representative of Mongolia. He is the host of Interview DeFacto, a weekly television talk show broadcast on Eagle News, MNB and NTV in Mongolia. Mr. Dambadarjaa also hosts Radio DeFacto, a daily live radio talk show, where he invites on-air discussions of his most recent articles with listeners. He writes weekly articles on the current economic, political and social issues in the country, which are printed in Mongolian and English daily newspapers. He contributes to public opinion formation in the country through a range of formal and social media. Mr. Dambadarjaa has occupied CEO positions in banking and financial institutions, held public office, and has been involved in the tourism and petroleum sectors. He has a diploma in economics from Moscow State University and an MBA specialized in finance from Daniel’s School of Business, University of Denver.

Peter A. Petri is the Carl J. Shapiro professor of international finance at the Brandeis International Business School (IBS), a senior fellow of the East-West Center and a visiting fellow at the Peterson Institute for International Economics. He was founding dean of IBS and has held visiting appointments at Fudan University, Keio University, Peking University, ADB Institute, the OECD, and the World Bank. He received AB and PhD degrees from Harvard University. His recent publications include The Trans-Pacific Partnership and Asia-Pacific Integration: A Quantitative Assessment (with Michael Plummer and Fan Zhai), ASEAN Centrality and the ASEAN-US Economic Relationship (with Michael Plummer), and Navigating a Changing World Economy: ASEAN, the People’s Republic of China, and India (with Fan Zhai).


Rintaro Tamaki is deputy secretary general of the Organisation for Economic Co-operation and Development (OECD). His portfolio includes the strategic direction of OECD policy on environment, development, green growth, taxation, and policy alignment for transition to a low-carbon economy along with representing the OECD externally on financial issues. Prior to joining the OECD Mr. Tamaki was vice minister of finance for international affairs at the Ministry of Finance, Government of Japan. During his prominent 35-year career, Mr. Tamaki has worked on various budget, taxation, international finance and development issues in the OECD and at the World Bank before being appointed finance minister at the Embassy of Japan in Washington, DC. He then became deputy director general before becoming director general and subsequently vice minister for international affairs at the Ministry of Finance.

Marilou Uy is director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G24). The G24 is a representative body of developing country finance ministers and central bank governors that helps to articulate and support the position of developing countries in the discussions of the IMF, World Bank, and other relevant fora. Prior to that, she was the senior adviser to the managing director at the World Bank, where she also served as sector director for the Africa Financial and Private Sector Development Department, and director of the Financial Sector Operations and Policy Department in the Financial Sector Vice-Presidency, as well as chair of the Financial Sector Board. She has worked on financial sector and private sector development in Latin America, Middle East, South Asia, and Africa, and globally. Ms. Uy pursued her graduate studies in economics and finance at the University of California, Los Angeles.

Shang-Jin Wei is the chief economist and director general of the Economic Research and Regional Cooperation Department of ADB. He has a long and distinguished career in academia and international finance and trade. He was the N.T. Wang chair and director of the Chazen Institute of International Business at Columbia University, director of the National Bureau of Economic Research’s working group on the Chinese economy, and a research fellow at the Center for Economic Policy Research in Europe. Mr. Wei was an assistant director, chief of division, and chief of mission to Myanmar at the International Monetary Fund. He served as an advisor on anticorruption policy and research at the World Bank. He earned a PhD in economics and master’s degree in finance from the University of California, Berkeley; and a master’s degree in economics from Pennsylvania State University.

Rico Hizon is a multi-award-winning broadcast journalist. He joined BBC World News in 2002 in Singapore, where he is the presenter of the daily business and finance program Asia Business Report, and the co-presenter of Newsday. In his almost 25 years as a broadcast journalist he has interviewed personalities in the financial, political and sporting worlds. Among the world leaders he has interviewed are former Malaysian Prime Minister Mahathir Mohammad, European Union President Jose Manuel Barroso, Nobel Prize Laureate Muhammad Yunus, Indonesian President Susilo Bambang Yudhoyono, US President Bill Clinton, and Philippine presidents Fidel Ramos and Gloria Macapagal Arroyo. Before starting his broadcast career, he lectured at De La Salle University in the Philippines. He then started his journalism career at Manila-based GMA-7 and also worked at CNBC Asia in Hong Kong and Singapore.


Dominic Walton-France is an alternate executive director at ADB and is a member of the Development Effectiveness Committee of the Board of Directors. This committee ensures that ADB’s programs and activities are achieving desired development objectives and making efficient use of ADB resources. Before this, he was deputy director of environment and infrastructure at the New Zealand Ministry of Foreign Affairs and Trade, where he managed a team tasked with designing new infrastructure projects in the Pacific using funding from the New Zealand Government Aid Programme. He also served as senior analyst at the New Zealand Treasury. He obtained his graduate diploma in economics and a BA in international relations and affairs from the Victoria University of Wellington. He also has a BA in political science and government from the University of Otago.

Richard Edwards is the deputy head of the Evaluation Department of the Department of International Development (DFID), United Kingdom. Prior to this assignment, he was with the ADB Board of Directors, which supervises ADB’s financial statements, approves its administrative budget, and reviews and approves all policy documents and all loans, equity, and technical assistance operations. Prior to coming to ADB, he was deputy head of the Department for International Development East and Central Africa, senior social development adviser at DFID South East Asia, and director at the British Council. Mr. Edwards also worked as a consultant for DFID Pakistan and Afghanistan, and country director for ActionAid-Pakistan. He has a master’s degree in economics from University of Manchester, and master in agriculture science, tropical agriculture and development from the University of Reading.

Motoo Konishi is the World Bank country director for the Philippines. Prior to this assignment, he was World Bank country director for Central Asia. He has worked on transport projects and done sector work in Eastern and Southern African countries. Mr. Motoo also served as the World Bank’s resident representative for Tanzania and principal country officer for Kazakhstan. He worked in the Infrastructure and Energy Services Department of the Europe and Central Asia Region as principal economist (water supply), sector manager for water supply and sanitation, and sector manager for transport. Mr. Motoo received his bachelor’s degree in international economics from the Clarement McKenna College, USA, and his master’s degree in development economics, international law, and international business from the Fletcher School of Law and Diplomacy, USA.

Philippe Gaeng is the 5th president of Proximity Funding (Phils) Foundation, a niche microfinance player that focuses on financing productive assets and is successful at lending large amounts up to US$10,000 to people who are not bankable. With a current focus on transportation, Proximity is able to help tricycle and jeepney drivers in the Philippines own their units and become their own boss. After traveling across Africa, Philippe joined the pioneering French solar industry in 2005 before sharing his passion for development and technology with Planet Finance as the project manager of the awarded RENDEV project promoting solar energy and microfinance. After two years in business development for electric equipment giant Schneider Electric in the Philipppines, Philippe took up the reins of Proximity Funding last June 2014. He has a master’s degree in engineering from Ecole Nationale Supérieure d’Arts et Métiers.


Juan Miranda is the managing director general of ADB. Mr. Miranda works directly with the ADB President and the rest of the Management team to, among other things, implement agreed reforms from the recent midterm review of ADB’s strategic framework. Prior to this, Mr. Miranda was director general of ADB’s South Asia Department, and director general of ADB’s Central and West Asia Department. Mr. Miranda has longstanding experience in project and corporate finance. He has worked on fundraising for build-operate-transfer contracts, concessions, and joint ventures between public and private sponsors. Mr. Miranda has held senior posts in commercial and investment banks, as well as in European Bank for Reconstruction and Development. He founded and ran his own investment banking boutique in London. He was also a founding partner of an investment bank in Spain. Mr. Miranda is a graduate of Reading University.

Jamela Aisha Alindogan is a journalist and producer who reports for Al Jazeera English from Asia. She worked as a news reporter for ABS-CBN Broadcasting Corporation in the Philippines for 2 years before moving to Al Jazeera in August 2008. She attended Far Eastern University and graduated with a degree in communications.


About the Asian Development Bank

ADB’s vision is an Asia and Pacific region free of poverty. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Despite the region’s many successes, it remains home to the majority of the world’s poor. ADB is committed to reducing poverty through inclusive economic growth, environmentally sustainable growth, and regional integration. Based in Manila, ADB is owned by 67 members, including 48 from the region. Its main instruments for helping its developing member countries are policy dialogue, loans, equity investments, guarantees, grants, and technical assistance.

About Independent Evaluation at the Asian Development Bank

The Independent Evaluation Department evaluates the policies, strategies, operations, and special concerns of ADB relating to organizational and operational effectiveness. It contributes to development effectiveness by providing feedback on performance and through evaluation lessons.

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Think Sustainable, Act Responsible - Asian Development Bank · Goals (MDGs), the launch of the post-2015 Sustainable Development Goals (SDGs), and it has also been declared the International