摘要
The World Bank (WB) has approved loans of $441 million to improve energy efficiency and reduce emissions from power plants in China. The loans, which
The World Bank （WB） has approved loans of $441 million to improve energy efficiency and reduce emissions from power plants in China. The loans, which account for almost one third of planned loans for China in fiscal 2008, would go to three projects, according to the lender. The energy efficiency project, co-financed by the WB and the Global Environment Facility （GEF）, would get a loan of $200 million. The project, which would also receive a grant of 13.5 million U.S. dollars from the GEF, aims to boost large-scale loans for energy efficiency programs in China. China＇s commercial banks are also reported to participate in the project, such as the Export-Import Bank of China and Huaxia Bank, to offer loans ranging from 5 million to 10 million U. S. dollars for energy conservation projects, especially in heavy industries.
