Developing Innovative Financing Mechanism and Incentive Policies to Promote Demand-Side Management i (ADB-48017-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Canceled
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 18, 2014
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of People's Republic of China, National Development and Reform Commission
The holder of the loan, grant, or other investment.
Sectors
  • Energy
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.75 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 19, 2017

Disclosed by Bank Mar 24, 2017


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Project Description
Based on the Technical Assistance Report, the TA is a timely response to (i) conduct a comprehensive assessment of, and gather the lessons from, the first batch of DSM pilots; (ii) recommend an innovative financing mechanism to diversify DSM investments; (iii) enable the scaling up of DSM pilot cities and make it market-driven and self-sustainable and (iv) propose a market-driven mechanism to solicit demand response from large electricity consumers to optimize peak load management. The TA is closely aligned with the Midterm Review of Strategy 2020 objectives of facilitating knowledge transfer in state-of-the-art technologies and market practices as well as ADB’s country partnership strategy and energy sector strategy for the PRC, which seek to promote energy efficiency, resource conservation, and increased utilization of renewable energy. The impact will be reduced peak demand and electricity consumption through DSM. The outcome will be the implementation of market-based policies and reforms to scale-up DSM financing implemented. According to ADB documents, safeguard categorization is not applicable for this project.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Lu, Lanlan East Asia Department No contact information provided at the time of disclosure. ACCOUNTABILITY MECHANISM OF ADB The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main