Public Disclosure Copy The World Bank Implementation Status & Results Report Green Energy Schemes for Low-carbon City in Shanghai, China (P127035) Green Energy Schemes for Low-carbon City in Shanghai, China (P127035) EAST ASIA AND PACIFIC | China | Energy & Extractives Global Practice | IBRD/IDA | Financial Intermediary Loan | FY 2013 | Seq No: 8 | ARCHIVED on 20-Dec-2016 | ISR26427 | Implementing Agencies: Changning District Government (Shanghai), Shanghai Pudong Development Bank, Bank of Shanghai Key Dates Key Project Dates Bank Approval Date:20-Mar-2013 Effectiveness Date:06-Sep-2013 Planned Mid Term Review Date:11-Apr-2016 Actual Mid-Term Review Date:17-May-2016 Original Closing Date:31-Dec-2018 Revised Closing Date:31-Dec-2018 Project Development Objectives Green Energy Schemes for Low-carbon City in Shanghai, China (P127035) Project Development Objective (from Project Appraisal Document) The project development objectives are to pilot green energy schemes and scale up low-carbon investments in buildings in Shanghai, with a focus on Changning district. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Green Energy Schemes for Low-carbon City in Shanghai (P127034) Global Environmental Objective (from Project Appraisal Document) The Global Environment Objective is to support Shanghai’s low-carbon city development by promoting green energy schemes, with a focus on Changning district. Has the Global Environmental Objective been changed since Board Approval of the Project Objective? No Components Name 1. Technical Assistance and Near Zero-emission Building:(Cost $4.35 M) 2. Low-Carbon Investments:(Cost $100.00 M) 12/20/2016 Public Disclosure Copy Page 1 of 7 Public Disclosure Copy The World Bank Implementation Status & Results Report Green Energy Schemes for Low-carbon City in Shanghai, China (P127035) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Unsatisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Unsatisfactory  Moderately Satisfactory Overall Risk Rating  Substantial  Substantial Implementation Status and Key Decisions Implementation progress has been made after the operation manual and ESMF (environment and social management framework) were modified in the mid-term review. Both Bank of Shanghai and Shanghai Pudong Development Bank already update its pipeline of investment sub-projects to support the low carbon development in Shanghai city. Studies to support the government in policy making and low carbon pilots (non-motorized transport, energy supply, near-zero emission building) have been conducted, and progress has been made for each pilot. The next mission is scheduled in April 2017. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Substantial  Substantial Macroeconomic  --  Moderate  Moderate Sector Strategies and Policies  --  Moderate  Moderate Technical Design of Project or Program  --  Substantial  Substantial Institutional Capacity for Implementation and Sustainability  --  Substantial  Moderate Fiduciary  --  Low  Low Environment and Social  --  Low  Low Stakeholders  --  Substantial  Substantial Other  --  --  -- Overall  --  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Annual energy savings supported by the investments under the project (Tons of coal equivalent) (Tones/year, Custom) Baseline Actual (Previous) Actual (Current) End Target 12/20/2016 Public Disclosure Copy Page 2 of 7 Public Disclosure Copy The World Bank Implementation Status & Results Report Green Energy Schemes for Low-carbon City in Shanghai, China (P127035) Value 0.00 15,990.00 27,465.00 76,000.00 Date 01-Jul-2013 22-Jun-2016 16-Dec-2016 30-Jun-2018 PHINDPDOTBL  Annual CO2 emission reduction supported by the investments under the project (Tons of coal equivalent) (Tones/year, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 39,496.00 71,143.00 165,000.00 Date 01-Jul-2013 22-Jun-2016 16-Dec-2016 30-Jun-2018 Overall Comments Based on the information provided by the PMO in the Nov. 2016 mission. Global Environmental Objective Indicators PHINDGEOTBL  Accumulated carbon intensity per unit of GDP in Changning District (Percentage). (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 83.00 83.00 77.40 Date 31-Dec-2010 22-Jun-2016 16-Dec-2016 30-Jun-2018 Overall CommentsPHGEOCMTS 2015 data is kept as 2016 data is not available. Intermediate Results Indicators 12/20/2016 Public Disclosure Copy Page 3 of 7 Public Disclosure Copy The World Bank Implementation Status & Results Report Green Energy Schemes for Low-carbon City in Shanghai, China (P127035) PHINDIRITBL  Innovative policies piloted under the Project in relation to green-energy retrofitting of buildings (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target A low carbon subsidy A low carbon subsidy program has been program has been Value none Completed issued in Changning issued in Changning District since 2013 District since 2013 Date 01-Jul-2013 21-Jun-2016 16-Dec-2016 30-Jun-2016 PHINDIRITBL  Online energy monitoring platform established under the Project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 160.00 160.00 160.00 Date 01-Jul-2013 21-Jun-2016 16-Dec-2016 30-Jun-2016 PHINDIRITBL  At least one (1) near zero-emission building piloted under the Project (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target A pilot near-zero A building has been emission building is identified by the PMO under construction, and to pilot the near-zero will be completed by emission. Sub-grant April 2017. A 2nd pilot Value none agreement was signed Completed building is proposed to and the implementation be supported under the to rehabilitate the Project, pending for the building has been district government's started. approval. Date 01-Jul-2013 21-Jun-2016 16-Dec-2016 30-Jun-2018 PHINDIRITBL  Innovative financing mechanisms developed under the Project for green-energy retrofitting of buildings (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target The study is postponed The study is postponed to be started in late to be started in 2017, Value none Completed 2016, agreed in the agreed in the Nov. 2016 MTR mission. mission. Date 01-Jul-2013 21-Jun-2016 16-Dec-2016 30-Jun-2016 12/20/2016 Public Disclosure Copy Page 4 of 7 Public Disclosure Copy The World Bank Implementation Status & Results Report Green Energy Schemes for Low-carbon City in Shanghai, China (P127035) PHINDIRITBL  At least one (1) distributed generation center built under the Project (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target A hospital has been identified where the distributed generation A hospital has been center will be installed identified where the there. Technical design distributed generation was completed and the center will be installed Value none construction will be Completed there. Technical design started in late 2016. The was completed and the activity is financed by construction will be grant from Energy started in late 2016. Foundation, and the GEF grant allocated for the activity is saved. Date 01-Jul-2013 21-Jun-2016 16-Dec-2016 30-Jun-2018 PHINDIRITBL  Non-motorized transport system piloted under the Project (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Public bicyble project is implemented in Public bicyble project is Hongqiao area; the implemented in design of the non- Hongqiao area. motorized transport in Value none Additional support to Completed Changning was promote non-motorized completed, and its traffic is proposed in the implementation will be Nov. 2016 mission. started in June-Sep. 2016. Date 01-Jul-2013 21-Jun-2016 16-Dec-2016 30-Jun-2017 PHINDIRITBL  Low-carbon investments supported by the Project (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 4,300,000.00 59,100,000.00 246,000,000.00 Date 01-Jul-2013 22-Jun-2016 16-Dec-2016 30-Jun-2018 Overall Comments The information was provided by the PMO in the Nov. 2016 mission. 12/20/2016 Public Disclosure Copy Page 5 of 7 Public Disclosure Copy The World Bank Implementation Status & Results Report Green Energy Schemes for Low-carbon City in Shanghai, China (P127035) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P127035 IBRD-82330 Effective USD 100.00 100.00 0.00 38.80 61.20 39% P127034 TF-14205 Effective USD 4.35 4.35 0.00 1.80 2.55 41% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P127035 IBRD-82330 Effective 20-Mar-2013 14-Jun-2013 06-Sep-2013 31-Dec-2018 31-Dec-2018 P127034 TF-14205 Effective 14-Jun-2013 14-Jun-2013 06-Sep-2013 31-Dec-2018 31-Dec-2018 Cumulative Disbursements Restructuring History There has been no restructuring to date. 12/20/2016 Public Disclosure Copy Page 6 of 7 Public Disclosure Copy The World Bank Implementation Status & Results Report Green Energy Schemes for Low-carbon City in Shanghai, China (P127035) Related Project(s) P127034-Green Energy Schemes for Low-carbon City in Shanghai 12/20/2016 Public Disclosure Copy Page 7 of 7