Figure C.114Natural Gas Prices for Industrial Users (Euros/GJ), 1998–20091210Price (€)864201998 1999 2000 2001 2002 2003 2004Year2005 2006 2007 2008 2009BulgariaCzech RepublicGermany (excl. ex-GermanDem. Rep. from 1991)EstoniaLatviaLithuaniaHungaryPolandRomaniaSlovak Rep.United KingdomCroatiaSource: Eurostat 2010.Note: Prices are before taxes. GJ = gigajoules.Table C.3Country,approval yearCompleted CFL Project ImpactsNumber <strong>of</strong>CFL bulbsEx ante expectationsEx post direct impactThailand, 1993 900,000 238-MW peak reduction, 1,427 GWh per year a 566-MW peak reduction, 3,140 GWh per year aJamaica, 1994 100,000 1-MW reduction, 4.4 GWh per year, 5,200 tons CO 21.7-MW reduction, 5.5-GWh savings, 6,500 tons CO 2Mexico, 1994 1,700,000 Peak demand reduction 100 MW, Energy savings100 MW, 1,014 GWhPeak demand reduction 34 MW, energy savings978 GWhPoland, 1994 1,218,000 519-GWh overall savings, 198,000 tons CO 2725 GWh overall savings, 206,000 tons CO 2(short term)Various (ELI),20003,364-GWh energy savings, 1.8 million tons CO 22,590 GWh energy savings, 1.9 million tons CO 2Uganda, 2001 800,000 20-MW peak demand reduction, 53,000 tons <strong>of</strong>carbon per yearVietnam, 2003 1,000,000 33.4-MW demand saving, energy savings 40 GWhper year, 48,000 tons <strong>of</strong> carbon per yearEthiopia, 2006 5,800,000 131-MW demand reduction, 560 GWh per year(includes street lighting as well as CFLs)20-MW reduction30.1-MW peak load reduction, 45.9 GWh per yearenergy savings5-MW demand reduction (first 350,000 bulbs only)Source: <strong>World</strong> <strong>Bank</strong> data.Note: CFL = compact fluorescent light; DSM = Demand side management; ELI = efficient lighting initiative; GWh = gigawatt hour; MW = megawatt.a. Entire DSM project, not just CFLs.100 | Climate Change and the <strong>World</strong> <strong>Bank</strong> Group
TAble C.4Reviewed energy efficiency Financial intermediation projectsproject name Country WbGapprovalyearApproachClosingYearIBRDBulgaria Energy Efficiency Fund (BEEF) Bulgaria 2005 Specialized fund 2010Croatia Energy Efficiency Project Croatia 2003 Loan to ESCO+PCG (2) to local banks 2010Poland GEF Energy Efficiency project Poland 2004 Grant to ESCO+PCG to local banks 2011Romania Energy Efficiency Fund (FREE) Romania 2002 Specialized fund 2007Energy Conservation Project I China ESCOIFCHungary Energy Efficiency Co-financingProgram (HEECP)Hungary 1997 PCG to local banks 2001HEECP 2 Hungary 2001 PCG to local banks 2005Commercializing Energy EfficiencyFinance (CEEF) (1)Czech Republic, Estonia,Hungary, Latvia, Lithuania,Slovak Republic2002 PCG to local banks 2008OTP ESCO Hungary 2006 PCG to local banks 2011Russian Sustainable Energy FinanceProgram (RSEFP)Russian Federation 2005 Credit lines and PCG to local banks 2010CHUEE I China PCG to local banksSource: IEG.Note: ESCO = energy service company; GEF = Global Environment Facility; OTP = Hungarian bank; PCG = Partial Credit Guarantee.Appendix C: Energy Efficiency: Supplementary Information | 101
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Phase II: The Challenge of Low-Carb
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CLIMATE CHANGE AND THE WORLD BANK G
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Table of ContentsAbbreviations . .
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Figures1.1 GHG Emissions by Sector
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AcknowledgmentsThe report was prepa
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Executive SummaryUnabated, climate
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GlossaryAdditionalityBankabilityBas
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Joint ImplementationA mechanism und
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Chapter 1evALuAtiOn HiGHLiGHts• T
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on average (Iyadomi 2010). (Reducti
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Table 2.6Hydropower Investments by
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World Bank experienceTwo factors ac
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Energy EfficiencyThe first phase in
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Box 3.1ESCOs and Energy Performance
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have had limited causal impact on t
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measurement of achieved economic re
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Since the early 1990s, public entit
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part with a $198 million IDA credit
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Chapter 4eVAluATioN HigHligHTS• B
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