Achieving Sustainability in World Bank Energy Efficiency Projects: Lessons Learned Developing ESCOs in China
Abstract
This article considers why some energy efficiency investment proj-
ects in developing countries may yield more sustainable results than
others. The author concludes that systematic attention to institutional
development is of prime importance. The story behind successful devel-
opment of energy service companies (ESCOs) in China with World Bank
support is cited as an illustrative example. Annual energy performance
contracting investment by China’s ESCOs topped USD 1 billion in 2007
and continues to grow
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References
Robert P. Taylor, Chandrasekar Govendarajalu, Jeremy Levin, Anke S. Meyer and
William A. Ward, Financing Energy Efficiency: Lessons from Brazil, China, India, and
Beyond (The World Bank, 2008)
Energy Management Company Association of China (EMCA), “EMCo Survey Re-
port—2007” (available from EMCA; see www.emca.cn for contact information).