In this project, public funds and market funds exerted their respective advantages and specialties, and achieved significant "win-win" results. Public funds as "seed funds" drive large-scale market capital investment into low-carbon development and enlarge the use efficiency. The design of risk sharing mechanism provides "enhanced credit" for banks' energy-saving and emission-reducing loans, and does not relieve banks from strengthening loans. The duties of review and risk management are conducive to the circulation and effective use of public funds. Local commercial banks, through their cooperation with international financial institutions, have a great role in promoting institutional capacity building and developing green credit business.
China Energy Conservation and Emissions Reduction Financing The Jiangsu project draws on the successful energy efficiency financing model implemented by the World Bank Group International Finance Corporation (IFC) in China by the China Clean Development Mechanism Foundation and the International Division of the Ministry of Finance (using related international funds), the Department of Finance of Jiangsu Province, and IFC cooperation has committed a total investment of 462 million yuan (of which IFC promised to invest 372 million yuan), through the sharing of loss risk for the Jiangsu bank's energy-saving emission reduction loans, instigated Jiangsu Bank to expand the scale of energy-saving emission reduction loans to support domestic private enterprises in Jiangsu Province Energy efficiency, renewable energy and related equipment manufacturing projects. The CHUEE Jiangsu project will support the Jiangsu Bank to issue energy-saving emission reduction loans totaling up to 924 million yuan, with an estimated annual emission reduction of 1.03 million tons.
Beauty Towel,Beauty Salon Towels,Esthetician Towels,Cosmetology Towels
Huaian Goodlife Textile Co., Ltd. , https://www.goodlifetowels.com