Catalysing private finance to maximize mitigation and adaptation impacts.Among Chinas provinces Shandong has the highest energy consumption and is one of the most carbon-intensive - driven by its high use of coal as an energy source for its large industrial base. Limited public finance makes it difficult to meet the provinces goals to green its economy.This project will catalyse private finance by offering adequate returns thanks through the blending of public finance concessional donor finance and private finance. It will support investments that maximise mitigation and adaptation initiatives across several sectors in line with Shandongs mitigation and adaptation policies while tapping co-financing 7.3 times GCFs contribution.NATIONAL DESIGNATED AUTHORITY CHINA Ministry of Finance MOF and Ministry of Ecology and Environment MEEMr. Yingzhi LiuDeputy Director International Financial Institution Division III Department of International Economic and Financial Cooperation Ministry of FinanceNo. 2 Sanlihe Nansanxiang Xicheng District Beijing ChinaPHONE 86 10 68552081yz.liu@mof.gov.cn
π Key Information
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Tender Reference No.
454969532
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Publication Date
15 Jul 2020
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Estimated Value
USD 1400000000
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Sector
Environment and Pollution
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Deadline
01 Jul 2039
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Notice Type
Projects
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Location
China
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Contract Duration
18 Years 11 Months 16 Days
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π·οΈ CPV
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