Second Beijing Environment Project
Project Summary
The project’s objectives are to: (a) improve the quality of life for the citizens of Beijing by alleviating the city’s acute air and water pollution problems; and (b) significantly reduce China’s GHG emissions. It has three components: energy conversion and efficiency; wastewater treatment; and environment capacity-building. GEF assistance is requested to remove the barriers to successful implementation of the project’s two major energy components. One of these components will convert least 2,500 small (below 20 t/hr), space-heating boilers from coal to natural gas, (small boilers being the largest cause of ambient air pollution), and, by reducing the cost of gas boilers and creating conversion capacity, will indirectly facilitate at least another 2,500 boiler conversions. The second component will improve the energy efficiency of the city’s extensive district heating systems. Together, these two components will reduce carbon emissions by about 26.7 million tonnes over 20 years, at a unit abatement cost to the GEF of less than $1/tC.
Project Details
| GEF Project ID | 7 |
| Project Type | Full-size Project |
| Status | Completed |
| Country | China |
| Region | |
| Focal Areas | |
| Funding Source | GEF Trust Fund |
| Implementing Agencies | The World Bank |
| Executing Agencies | Beijing Municipal & District Government, Beijing Comprhensive Investment Co. |
| GEF Period: | GEF - 2 |
| Approval Fiscal Year: | 2000 |
Financials
| Project Preparation Grant Amount | 0 USD |
| GEF Project Grant | 25,000,000 USD |
| Co-financing Total | 1,230,000,000 USD |
| GEF Agency Fees | 1,460,000 USD |
| Total Cost | 1,255,000,000.00 USD |
