Details - International Climate Initiative (IKI)

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Credit Programme for Energy Efficiency

As of: April 2018

Objective and activities

The project was helping ensure more efficient energy use in energy in China. KfW was offering a long-term credit line of EUR 41.8 million to the Export Import Bank of China (Exim Bank). Exim Bank was using these funds to extend long-term loans to private investors for energy efficient measures. This was meant to promote investments in energy-saving measures in Chinese industrial enterprises, such as retrofitting industrial boilers and furnaces as well as expansion of energy-efficient drive systems. The credit line was be accompanied by advisory services for Exim Bank employees on assessing investment projects in energy efficiency.

State of implementation/results

  • Project completed
  • Total project volume: €41,877,860 (low-interest loans including accompanying measure)
  • Seven financing agreements for refinancing energy efficiency investments concluded
  • Around half of the KfW loans have been implemented
  • Support provided to Exim Bank employees in the ex-ante evaluation of new energy efficiency investment projects
  • Support provided to Exim Bank employees in monitoring ongoing energy efficiency projects.

Project data

Country:
China

Implementing organisation:
KfW Entwicklungsbank

Partner institution:
  • Ministry of Finance (MOF) - China
  • Export-Import Bank of China

Duration:
12/2008 till 03/2014

Website:



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