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PEEP2 Success Stories

Under the Promoting Energy Efficiency in the Pacific - Phase 2 (PEEP2) Project, IIEC implemented 34 EE projects following ADB procurement guidelines.. Read more...


NAMA in Mongolia

IIEC completed a project to provide advisory services on Climate Finance in Mongolia. Read more...


Asia Pacific Urban Energy Association (APUEA)

An initiative of IIEC, supported by Euroheat & Power, the Danish Board of District Heating, ADB, and UN Environment.Read more...

Region

Asia

Service Area

Clean Energy Finance

Project Title

Strategy for establishing a Venture Capital Fund for GHG Reduction Projects in China

Country

China

Client

UNIDO

Project Funding Agency

UNIDO

Project Duration

Start Date

Jan 2004

Scheduled Completion

Jun 2004

Project Description and Summary of Services

 

 

 

 

 

Businesses in China engaged in development of products or services that promote energy conservation and efficiency, use of clean and renewable energy resources, or both, cannot find sufficient financial resources due to certain systemic factors. The project addressed these systemic by designing the Fund, initially conceived as China’s first venture capital fund dedicated to financing businesses engaged in commercial EE, renewable energy and clean energy business activities.

 

Specifically, the Fund design was intended to help overcome:

 

  • A lack of access to financial resources, particularly equity investment and follow-on commercial bank loans, needed to improve EE;
  • Lack of awareness among Chinese SMEs regarding both the cost benefits associated with EE and the means to achieve it;
  • General lack of familiarity in China with market-driven approaches to efficiency improvements due to the country’s legacy of being a planned, rather than market economy.

The Fund was designed to be a source of equity investment that can enable SMEs to pursue energy related business ventures that are profitable and furnish meaningful environmental benefits in China.

 

Services Provided:

 

  • Assisted in the structuring of a venture capital fund to invest in projects in China that would reduce GHG emissions
  • Worked with UNIDO staff, a venture fund manager, two NGOs and representatives of the governments of Shanghai and Beijing to identify alternative fund design and management options
  • Defined potential investment opportunities 
  • Assessed the options for technology transfer from Western countries to China to help reduce carbon emissions.

Contact for more information

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IIEC Profile

Our Vision & Values

Our Vision & Values

Our vision is to accelerate the promotion of sustainable energy and environmental programs in developing countries and countries in transition.  Our unique values are strived to provide sustainable solutions with proven technical capabilities, implement with wealth of practical and international experience in Asia and Pacific regions. Read more...

Our Niche & Strengths

Our Niche & Strengths

IIEC works on-the-ground, through multi-disciplined staff and partners, with governments and the private sector to implement energy efficiency and renewable energy programs and projects.  Read more...
 

Our Capabilities

Our Capabilities

Specific services provided by IIEC to its clients include: DSM/EE Implementation & Evaluation; Development & Implementation of EE Standards and Labeling Programs; Renewable Energy Project Planning & Implementation; Clean Energy Finance Design; and Implementation of Energy Efficient Buildings  Read more...
 

Our Major Clients

Our Major Clients

IIEC’s major clients include the World Bank, the Asian Development Bank (ADB), the United Nations Environment Programme (UNEP) and the United Nations Development Programme (UNDP) etc.  Read more...
 

Our Offices

Offices

IIEC operates through its offices in India, Thailand and Philippines.  Read more...
 

Our Team

Our Team

IIEC has full time local staff in each of its offices that are well placed to contribute to programs due to their extensive exposure to energy, transport and environmental activities in the region and their understanding of cultural issues relevant to the countries.  Read more...
 

Our Board

Board of Directors

IIEC’s Board of Directors is comprised of nine members, who are dedicated to providing strategic guidance to the organization as it advances its goal to promote sustainable and efficient energy use in developing nations and economies in transition.  Read more...
 

E-NOTES NEWSLETTER

IIEC has published e-Notes Newsletters available on-line here. If you want to stay informed about our activities, please email us your contact information at e-notes @iiec.org.