This figure however is not comprehensive and does not cover other barriers identified earlier in Figure 1 (such as technical, information failure and other). This mechanism runs by the name of China Utility-based Energy Efficiency Finance Programme (CHUEE). It involves a USD 15 million fund from the GEF for the first round of projects, which enables the IFC to provide guarantees to three main Chinese banks: the Industrial Bank (IB), the Shanghai Pudong Development Bank (SPDB), and the Bank of Beijing (BoB).