China, People's Republic of: Innovative Financing Mechanisms for Energy Efficiency and Emission Reduction in Small and Medium-Sized Enterprises

Sovereign Project | 44042-012

Summary

The goal of this TA is to learn advanced international experiences in reducing the financial barrier for SMEs to adopt energy-efficient and emission-reducing

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Project Name Innovative Financing Mechanisms for Energy Efficiency and Emission Reduction in Small and Medium-Sized Enterprises
Project Number 44042-012
Country China, People's Republic of
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 7564-PRC: Innovative Financing Mechanisms for Energy Efficiency and Emission Reduction in Small and Medium-Sized Enterprises
Technical Assistance Special Fund US$ 600,000.00
Clean Energy Fund - Multi-Donor US$ 300,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Partnerships
Sector / Subsector Finance - Small and medium enterprise finance and leasing
Gender Equity and Mainstreaming No gender elements
Description The goal of this TA is to learn advanced international experiences in reducing the financial barrier for SMEs to adopt energy-efficient and emission-reducing
Project Rationale and Linkage to Country/Regional Strategy
Impact

Sustainable economic

growth with improved energy

efficiency and effective

emission reduction of SMEs

Project Outcome
Description of Outcome

Increased accessibility of

SMEs to financial supports

for adopting more advanced,

energy efficient technology

Progress Toward Outcome

Consistent progress is being achieved.

To achieve the outcome, the three focal studies have been conducted (i) Case Studies of SME Financing for Energy Efficiency and Emission Reduction, (ii) New Mechanisms of SME Financing for Energy Efficiency and Emission Reduction, (iii) Selection Criteria and Operational Procedures for SME Energy Efficiency and Emission Reduction Financing. In addition, in order to supplement the three studies, an additional research is currently undertaking. The objective of the additional research is to provide a practical road map to establish a 'promotion fund' with the support of the government.

Implementation Progress
Description of Project Outputs

1. Analysis on the Current Status and a Case Study

2. Research on Financial Innovation for SMEs' Energy Efficiency and Emission Reduction Investment

3. Capacity Building for Participants

4. Policy related knowledge products

Analysis of the current

status and case studies

Research on financial

innovation for SMEs'

investment in energy

efficiency and emission

reduction

Establishment of

selection criteria and

operational procedures

for SME energyefficiency

and emissionreduction

financing

Capacity building for

stakeholders

Policy-related knowledge

products

Status of Implementation Progress (Outputs, Activities, and Issues)

Due the delay on the recruitment of the consultant, the TA completion date was extended for one year to allow efficient administration.

A contract between the EA and the firm has been negotiated on 4 July 2011. Consultants were fielded and the inception workshop was held in September 2011.

The planned reseach and capacity development activities have been conducted based on the revised schedule.

- Three technical reports have been drafted and submitted.

- The mid-term workshop was organized in July 2012 to share the current findings among the stakeholders and collect comments on the outputs.

Further activities

- An additional research activity on establishment of a promotion fund is undertaing, and will be completed in November 2012.

- An international study to the UK will be conducted in November 2012.

- The final workshop will be organized in the early December 2012 to disseminate the findings of the project and to discuss further challenges among the stakeholders.

- All draft reports and final report will be completed in December 2012.

- TA will be completed by 31 December 2012.

As planned,

- the additional research about 'promotion fund' was completed and a technical report was produced;

- the international study tour to UK, and the final workshop were conducted.

All reports were completed as planned, and the project was completed on 31 December 2012.

Geographical Location PRC
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation The relevant stakeholders, such as financial institutions and EMCA, were consulted to complete the research. In addition, the project outputs were disseminated to stakeholders, i.e., relevant governments, financial institutions, and EMCA/ESCOs, at the final workshop. The stakeholders also learned their good practices mutually and discussed the further challenges at the workshop.
Business Opportunities
Consulting Services A team of consultants with expertise in SME financing, energy efficiency, creation and pollution emission reduction. The team leader will develop a detailed TA work with the MIIT at the outset of the TA.
Responsible ADB Officer Hiroko Uchimura-Shiroishi
Responsible ADB Department East Asia Department
Responsible ADB Division Public Mgt, Financial Sector and Regional Coop Division, EARD
Executing Agencies
Dept of Energy Conservtion & Resources UtilizationPeople's Republic of China
13 West Chang An Ave
Beijing, 100804, China
Timetable
Concept Clearance 19 Feb 2010
Fact Finding 15 Mar 2010 to 17 Mar 2010
MRM -
Approval 21 Jul 2010
Last Review Mission -
PDS Creation Date 13 Jul 2010
Last PDS Update 21 Mar 2013

TA 7564-PRC

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
21 Jul 2010 08 Oct 2010 08 Oct 2010 31 Dec 2011 31 Dec 2012 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
600,000.00 300,000.00 300,000.00 0.00 0.00 0.00 1,200,000.00 21 Jul 2010 734,655.21

Safeguard Documents

See also: Safeguards

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Evaluation Documents

See also: Independent Evaluation

No documents found.


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