Energy Conservation Project, Phase II
Project Summary
Phase II of the project is designed to replicate the experience of phase I, especially to support the development of new EMCs in China by strengthening a EMC Service Group which is expected to develop into a self-sustaining EMC Association and by establishing a Guarantee Fund to provide partial risk guarantees to local financial institutions which lend to the EMCs.
Project Details
| GEF Project ID | 1237 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | China |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | SETC (State Economic and Trade Commission) |
| GEF Period: | GEF - 2 |
| Approval Fiscal Year: | 2002 |
Financials
| Project Preparation Grant Amount | 0 USD |
| GEF Project Grant | 26,000,000 USD |
| Co-financing Total | 255,200,000 USD |
| GEF Agency Fees | 3,100,000 USD |
| Total Cost | 281,200,000.00 USD |
Project Timeline
Received by GEF
Concept Approved
01 Dec 2001
Project Approved for Implementation
29 Sep 2002
Project closed
28 Nov 2010