China—Utility-based Energy Efficiency Finance Program (CHUEE)

Established in 2006 by the International Finance Corporation and partners, the CHUEE Program provides risk sharing facilities (in the form of a guarantee) and technical assistance to support energy efficiency measures in China. The identified barriers to uptake are difficulties in marketing energy efficiency products and in accessing credit for energy efficiency projects. Access to credit is particularly difficult for small and medium-sized enterprises; in addition, commercial banks lack experience in sustainable financing. CHUEE helps to address these barriers.