Shaanxi Accelerated Energy Efficiency and Environment Improvement Financing Project

Shifts in the types of projects can affect the financing products that may be supported under the clean energy financing (CEFP) platform. At project design, the CEFP was planned to provide three types of financing products: entrusted loans, guarantee funds, and lease financing facilities. During implementation, only entrusted loans were utilized. The other two financing products were not used because of shifts in the types of projects which did not require guarantees and lease financing. For subsequent batches of subprojects using reflow funds, all types of financing products should be explored.