The China Utility-Based Energy Efficiency Finance Program (CHUEE) supports marketing, development and equipment financing services to energy users in the commercial, industrial, institutional and multi-family residential sectors to implement energy efficiency projects in China. CHUEE brings together financial institutions, utility companies, and suppliers of energy efficiency equipment to create a new financing model for the promotion of energy efficiency. The program is expected to have a significant developmental impact in promoting energy efficiency, reducing pollution and greenhouse gas emissions, and expanding lending to small and medium enterprises in China. CHUEE is supported by grant funding from the Global Environmental Facility, Finland's Ministry of Employment and Economy and the Norwegian Agency for Development Cooperation, and operates under the IFC Private Enterprise Partnership for China.
|