The Development of China's ESCO, 2004-2007

July 2008 [pdf]. The note is prepared by the World Bank’s project management team for the China Second Energy Conservation Project, drawing on major national surveys completed for 2005 and 2007 by the Energy Conservation Service Committee of the China Energy Conservation Association (commonly referred to as the EMC Association of China, or EMCA) of its members, interim smaller surveys and data collection efforts by EMCA, independent surveys of energy performance contracting by non-EMCA members in 2005 and 2007, data gathered from China’s first three pilot ESCOs supported under the World Bank’s first China Energy Conservation Project, data and analysis provided by the China National Investment and Guaranty Company (I&G) relating to its execution of the Bank/GEF ESCO Loan Guarantee Program, and analysis of ESCO investment and energy savings completed by the National Development and Reform Commission’s Project Management Office (PMO).