PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600170

Primary Business Area

Industry Department - Financial Institutions Group

Disclosure Date

Sep 28, 2014

Country

China

Region

East Asia and the Pacific

IFC Approval Date

Apr 17, 2014

Status

Completed

Estimated Total Budget

$985,420.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated End Date

Jun 30, 2017

Project Description

The project will be implemented in two sequential phases and will focus on the following components: 1. Support selected local carbon emission exchanges to facilitate knowledge sharing, develop innovative trading products, disseminate lessons learned, and establish consulting services to meet market demands. IFC's first partner is the Shenzhen Emissions Exchange Co., Ltd. 2. Assist selected financial institutions to develop appraisal capacity and risk management skills suitable for the mandatory CO2 regulation and to develop trading products and advisory services for bank clients subject to CO2 regulation.

Development Results

E&S Risks / Impacts and Mitigation