Developing Market-based Energy Efficiency Program in China

closed

Closed

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, will support the National Development and Reform Commission (NDRC) for the development and implementation of market-based priority EE policies and programs during the 13th Five-Year Plan (FYP). This component consists of four subcomponents: (i) Supporting the development and implementation of priority EE and coal cap control programs for the 13th FYP; (ii) Improving the energy saving measurement, reporting, and verification system; (iii) Designing market-based mechanisms for energy savings; and (iv) Building the capacity for energy saving MRV and implementation of priority EE programs. 2) The second component, Supporting Results-based Green Energy Financing in the Jing-Jin-Ji Region (Beijing, Tianjin, and Hebei Provinces) (JJJ) Region, will provide advisory services and technical assistance, build capacity, and verify results to help Hua Xia Bank (HXB) implement the World Bank-financed Program for Results Lending Instrument (PforR) operation—Innovative Financing for Air Pollution Control in Jing-Jin-Ji Program. It includes the following subcomponents: (i) Undertaking marketing and business development for green energy finance; (ii) Verifying results for the JJJ PforR operation; (iii) Providing technical assistance and developing innovative financial products and models; and (iv) Building capacity for HXB and disseminating lessons learned from the JJJ PforR. 3) The third component, Supporting the Results-based Environmental Program in Hebei Province, will help enhance the capacity of the Government to implement the Hebei PforR. It includes the following three subcomponents: (i) Providing analytical studies and technical assistance to support the Hebei PforR; (ii) Verifying results for the Hebei PforR operation; and (iii) Building capacity for the Hebei Government and disseminating lessons learned from the Hebei PforR.

FY17 - Energy and Extractives,FY17 - Public Administration

World Bank

Project

Forest Products and Packaging, Commercial, Government