The World Bank                                                                                                                                              Report No: ISR6385


                                                                                                   Implementation Status & Results
                                                                                                                China
                                                                                            China Energy Efficiency Financing II (P113766)
Public Disclosure Copy




                         Operation Name: China Energy Efficiency Financing II (P113766)                     Project Stage:   Implementation         Seq.No: 2       Status: ARCHIVED    Archive Date:    28-Jun-2011
                                                                              Country: China                                         Approval FY:        2010
                         Product Line: IBRD/IDA                               Region: EAST ASIA AND PACIFIC                          Lending Instrument: Financial Intermediary Loan
                         Implementing Agency(ies):

                         Key Dates
                         Board Approval Date      22-Jun-2010           Original Closing Date 31-Dec-2014          Planned Mid Term Review Date 01-Aug-2012                 Last Archived ISR Date 28-Jun-2011
                         Effectiveness Date       02-Nov-2010           Revised Closing Date 31-Dec-2014           Actual Mid Term Review Date

                         Project Development Objectives
                         Project Development Objective (from Project Appraisal Document)

                         The objective of the Project is to improve the energy efficiency of selected enterprises, and thereby reduce their adverse environmental impacts through scaling-up
                         commercial lending for energy efficiency investments.
                         Has the Project Development Objective been changed since Board Approval of the Project?

                            Yes           No

                         Component(s)
                         Component Name                                                                                                          Component Cost
                         Energy Efficiency Investment Sub-projects                                                                                        100.00
                         Technical assistance and capacity building                                                                                          0.80

                         Overall Ratings
                                                                  Previous Rating                       Current Rating
                         Progress towards achievement of PDO      Satisfactory                          Satisfactory
Public Disclosure Copy




                         Overall Implementation Progress (IP)     Moderately Satisfactory               Moderately Satisfactory
                         Overall Risk Rating                      Low

                         Implementation Status Overview
                         The project became effective in Nov. 2010. The Bank provided no objection to the first EE investment Minsheng Bank submitted in July 2011, but not IBRD fund has been disbursed.


                         Locations
                         No Location data has been entered




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                             The World Bank                                                                                                                              Report No: ISR6385



                         Results
                         Project Development Objective Indicators
Public Disclosure Copy




                         Indicator Name                                    Core Unit of Measure              Baseline                     Current                        End Target
                         Amount of accumulated EE investments and                   Amount(USD)   Value      0.00                         0.00                           1000.00
                         renewable commercial lending supported and                               Date       21-May-2010                  27-Mar-2012                    31-Dec-2014
                         leveraged by the project
                                                                                                  Comments
                         Associated annual energy savings from the EE               Number        Value      0.00                         0.00                           2.47
                         investments                                                              Date       21-May-2010                  27-Mar-2012                    31-Dec-2014
                                                                                                  Comments
                         Reduction in GHGs from the EE investments                  Number        Value      0.00                         0.00                           6.10
                                                                                                  Date       21-May-2010                  27-Mar-2012                    31-Dec-2014
                                                                                                  Comments


                         Intermediate Results Indicators
                         Indicator Name                                    Core Unit of Measure              Baseline                     Current                        End Target
                         Cumulative amount of EE lending                            Amount(USD)   Value      0.00                         0.00                           100.00
                                                                                                  Date       21-May-2010                  27-Mar-2012                    31-Dec-2014
                                                                                                  Comments
                         Number of training courses conducted on the                Number        Value      0.00                         1.00                           8.00
                         operation manual                                                         Date       21-May-2010                  27-Mar-2012                    31-Dec-2014
                                                                                                  Comments
                         Environmental and social risk assessment and               Text          Value      NA                           NA                             Completed
                         control system strengthening plan completed                              Date       21-May-2010                  27-Mar-2012                    31-Dec-2014
                         and recommended to Minsheng management
                                                                                                  Comments
                         Study of business opportunities for Minsheng in            Text          Value      NA                           NA                             Completed
                         carbon financing and trading is completed                                Date       21-May-2010                  27-Mar-2012                    31-Dec-2014
Public Disclosure Copy




                                                                                                  Comments


                         Data on Financial Performance (as of 08-Nov-2010)
                         Financial Agreement(s) Key Dates
                         Project              Loan No.                  Status                    Approval Date            Signing Date             Effectiveness Date          Closing Date
                         P113766              IBRD-79350                Effective                 22-Jun-2010              11-Aug-2010              02-Nov-2010                 31-Dec-2014

                         Disbursements (in Millions)



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                             The World Bank                                                                                                                                              Report No: ISR6385


                         Project               Loan No.                 Status               Currency       Original            Revised            Cancelled          Disbursed           Undisbursed      % Disbursed
                         P113766               IBRD-79350               Effective            USD                       100.00             100.00               0.00               0.25             99.75          0.00
Public Disclosure Copy




                         Disbursement Graph




                         Key Decisions Regarding Implementation
                         A supervision mission is currently in the field which will be completed by the end of March. The next full supervision mission will be in September 2012.

                         Restructuring History
                         There has been no restructuring to date.

                         Related Projects
Public Disclosure Copy




                         There are no related projects.




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