PRC – Hebei Energy Efficiency, Emission Reduction Project Loan

15 December 2011 - The Asian Development Bank (ADB) has approved the following project loan for the People’s Republic of China (PRC):

Description:

The project will encourage investment in energy efficiency by key industries in Hebei province, the second largest provincial energy consumer in the PRC. The project will channel ADB loan proceeds through a commercial bank to the targeted industries. It will also establish a revolving fund to finance several batches of energy efficiency investments over the 15-year project implementation period.

Amount: $100 million loan from ADB’s ordinary capital resources.

Project ID: 44012

For more information: http://www.adb.org/Projects/project.asp?id=44012