When a project provides substantial climate mitigation and environmental benefits, a project economist with strong background and experience in environmental valuation method can undertake the project economic analysis at appraisal. Usually, energy efficiency improvement projects have very low pay back periods and high economic internal rate of return. ADB should investigate the ways in which it can formalize the use of carbon prices in energy efficiency project economic analysis.
Project Name
Chemical Industry Energy Efficiency and Emission Reduction Project
Project Number
47051-002
Report Date
Report Source
Validation of self-evaluation
Country
Themes
Applicability
Project Cycle Stage
Preparation