China
Energy Efficiency Financing II

 Description                                                         Country Challenge
 Purpose: To promote energy conservation in                          China's energy-intensive manufacturing industries account
 China’s industrial sector, intermediary loans to                    for about 50 percent of their total energy consumption and
 energy efficiency projects in industrial enterprises.               operate at significantly higher levels of energy intensity
 Expected Results (include):                                         than international best practices.
 • 2,469,000 tons of coal equivalent (20.2 million
   MWh) of energy savings.                                           Project Goals
 • 6.1 million tons of CO2eq. emissions reduced                      The project builds on the first Energy Efficiency Project
   annually.
                                                                     with a US$100 million loan that will be provided to
 IBRD Financing: US$100 million                                      Minsheng Bank which, in turn, will on-lend to industrial
                                                                     enterprises for energy efficiency investment projects, such
                                                                     as more efficient industrial boilers, kilns, and heat
                                                                     exchange systems; recovery and utilization of by-product
                                                                     gas, waste heat and pressure; installation of highly efficient
                                                                     motors, pumps, heating and ventilation equipment; and
                                                                     industrial system optimization to reduce energy use.




                                                 © World Bank

For more information: http://www.worldbank.org/projects/P113766/china-energy-efficiency-financing-ii?lang=en

                                                            © World Bank


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