CN-Energy Conservation

Abstract*

The Energy Conservation Project will support the introduction of a market-based approach to financing energy conservation investments, energy performing contracting, which has the potential to overcome some of the major impediments to energy conservation in China. Secondly, the project will support the introduction of a new energy information program, providing consumers with information on financially attractive energy conservation investments. The... Show More

Development Objective

To achieve large, sustained and growing increases in energy efficiency and associated reductions in growth of carbon dioxide emissions and other pollutants by: (a) introducing, demonstrating and disseminating new project financing concepts and market-oriented institutions to promote and implement energy efficiency measures in China; and (b) developing a more efficient national energy conservation information dissemination program.

Key Details

Project Details

Project ID
P003606
Status
Closed
Team Leader
Robert P. Taylor
Borrower 2
N/A

Country
China
Disclosure Date
May 5, 1997
Approval Date
(as of board presentation)
March 26, 1998
Effective Date
December 16, 1998

Total Project Cost 1
US$ 150.80 million
Implementing Agency
N/A
Region
East Asia and Pacific
Fiscal Year 3
1998

Commitment Amount
US$ 89.50 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2007

Last Stage Reached
BANK APPROVED
Last Update Date
January 15, 2013

Associated Projects
P037859

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change28%
- FY17 - Mitigation28%
FY17 - Environmental Health and Pollution Management30%
- FY17 - Air quality management10%
- FY17 - Soil Pollution10%
- FY17 - Water Pollution10%
FY17 - Environmental policies and institutions28%

FY17 - Public Sector Management

FY17 - Public Administration14%
- FY17 - State-owned Enterprise Reform and Privatization14%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	63.00
Global Environment Facility (GEF)	22.00
EC: NON-ASSOCIATED COUNTRY PROGRAM	4.50

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	63.00
IDA Commitment	N/A
IBRD + IDA Commitment	63.00

Lending Instrument
Grant Amount	26.50
Total Project Cost**	150.80

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

No data available.

Detailed Financial Activity as of April 30, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Mar 26, 1998	IBRD-43040	Loan Commitment	63,000,000.00
Nov 15, 2016	IBRD-43040	Loan Repay	2,725,100.00
May 15, 2016	IBRD-43040	Int Charges	63,176.78
May 15, 2016	IBRD-43040	Loan Repay	2,644,100.00
May 15, 2017	IBRD-43040	Loan Repay	2,806,100.00
May 15, 2017	IBRD-43040	Int Charges	70,195.93
Nov 15, 2017	IBRD-43040	Int Charges	54,863.98
Nov 15, 2017	IBRD-43040	Loan Repay	2,891,800.00
May 15, 2018	IBRD-43040	Int Charges	30,203.39
May 15, 2018	IBRD-43040	Loan Repay	2,973,915.80
May 15, 2015	IBRD-43040	Int Charges	54,738.61
May 15, 2015	IBRD-43040	Loan Repay	2,491,600.00
Nov 15, 2015	IBRD-43040	Int Charges	57,724.90
Nov 15, 2015	IBRD-43040	Loan Repay	2,567,800.00
Nov 15, 2016	IBRD-43040	Int Charges	71,066.10
Nov 15, 2014	IBRD-43040	Int Charges	58,296.94
Nov 15, 2014	IBRD-43040	Loan Repay	2,420,200.00
Nov 15, 2013	IBRD-43040	Int Charges	84,207.24
Nov 15, 2013	IBRD-43040	Loan Repay	2,282,000.00
May 15, 2014	IBRD-43040	Int Charges	68,405.47
May 15, 2014	IBRD-43040	Loan Repay	2,348,700.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2006-03-01
Procurement	Satisfactory	2006-03-01
Project Management	Satisfactory	2006-03-01
Financial Management	Satisfactory	2006-03-01
Counterpart Funding	Satisfactory	2006-03-01
Monitoring and Evaluation	Satisfactory	2006-03-01
Overall Implementation Progress (IP)	Satisfactory	2006-03-01
Overall Safeguards Rating	Satisfactory	2006-03-01

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-25-2007
Outcomes	Substantial
Risk to Development Outcome	Negligible
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Substantial
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 03-25-2008	PROJECT PERFORMANCE ASSESSMENT REPORT: 06-01-2010
Outcome Rating	Satisfactory	Satisfactory
Risk To Development Outcome	Negligible To Low	Negligible To Low
Bank Performance	Satisfactory	Satisfactory
Borrower Performance	Satisfactory	Satisfactory
Government Performance	Satisfactory	Satisfactory
Implementing Agency	Satisfactory	Not Rated
Icr Quality	Satisfactory	Not Rated
M&e Quality	Substantial	Not Rated

Results Framework