| Financier | Commitments |
|---|---|
| Global Environment Facility (GEF) | 17.80 |
Developing Market-based Energy Efficiency Program in China
Abstract*
The development objective of Developing Market-Based Energy Efficiency Program Project is to support development and implementation of China’s priority energy efficiency and environment programs, with a focus on improving the results measurement and verification system and developing market-based mechanisms. This project has three components. 1) The first component, Supporting Market-based Priority Energy Efficiency (EE) and Coal Cap Control Programs... Show More
Development Objective
The objective of the project is to support development and implementation of China'??s priority energy efficiency and environment programs, with a focus on improving the results measurement and verification system and developing market-based mechanisms.
Key Details
Project Details
P132748
Closed
Joonkyung Seong
People's Republic of China
June 19, 2013
(as of board presentation)
March 16, 2017
September 5, 2017
US$ 17.80 million
China National Energy Conservation Center,Huaxia Bank,Hebei PMO
2017
US$ 17.80 million
B
Not Applicable
October 31, 2023
Yes
BANK APPROVED
June 25, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 17.80 |
| Total Project Cost** | 17.80 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Satisfactory | 2023-10-31 |
| Project Management | Satisfactory | 2023-10-31 |
| Financial Management | Satisfactory | 2023-10-31 |
| Summary Global Objective Rating | Satisfactory | 2023-10-31 |
| Monitoring and Evaluation | Satisfactory | 2023-10-31 |
| Overall Implementation Progress (IP) | Satisfactory | 2023-10-31 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-27-2024 |
|---|---|
| Outcomes | Highly Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 12-12-2024 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Highly Satisfactory | N/a |
| Risk To Development Outcome | N/a | |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | N/a | |
| Government Performance | N/a | |
| Implementing Agency | N/a | |
| Icr Quality | Substantial | N/a |
| M&e Quality | Substantial | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Energy savings measurement, reporting and verification system improved and standardized Value n.a. MRV system for energy savings improved and standar MRV system for energy savings improved and standar Date March 16, 2017 October 31, 2023 October 31, 2023 Comment Market-based mechanisms for energy savings designed and piloted Value No Market-based mechanism for energy savings desig Market-based EE trading mechanisms designed and pi Market-based EE trading mechanisms designed and pi Date March 16, 2017 October 31, 2023 October 31, 2023 Comment Energy and environment results verified for the Jing-Jin-Ji Region and Hebei Province Value No results to be verified Verification systems for green energy financing an Verification systems for green energy financing an Date March 16, 2017 October 31, 2023 October 31, 2023 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Capacity built for M&V system and market-based EE mechanism (Number of people trained) Value 0.00 2925.00 1200.00 Date March 16, 2017 October 31, 2023 October 31, 2023 Comment Innovative financial products for green financing developed and piloted Value 0.00 4.00 3.00 Date March 16, 2017 October 31, 2023 October 31, 2023 Comment Capacity for environmental results monitoring improved (Number of people trained) Value 0.00 720.00 480.00 Date March 16, 2017 October 31, 2023 October 31, 2023 Comment Energy savings M&V methodologies and guidelines developed Value 0.00 29.00 25.00 Date March 16, 2017 October 31, 2023 October 31, 2023 Comment Case studies for the JJJ and Hebei PforR operations developed Value 0.00 2.00 2.00 Date March 16, 2017 October 31, 2023 October 31, 2023 Comment Energy consumption trading schemes designed and piloted Value No Yes Yes Date March 16, 2017 October 31, 2023 October 31, 2023 Comment CO2 emissions avoided (thousand tons) Value 0.00 2876.00 1969.00 Date March 16, 2017 October 31, 2023 October 31, 2023 Comment Annual energy savings(Thousand tce) Value 0.00 1178.69 800.00 Date March 16, 2017 October 31, 2023 October 31, 2023 Comment