A sustainability fund to assist hydropower builders and operators assess their environmental, social and authorities (ESG) efficiency is now open to greater than forty international locations in Africa, Asia, Europe and the Americas.
The Hydropower Sustainability ESG Assessment Fund will award a complete of 1 million Swiss Francs ($1.02 million) to 40 or extra hydropower tasks over 4 years.
The initiative is managed by the International Hydropower Association’s (IHA) non-profit sustainability division and funded by the Swiss authorities’s State Secretariat for Economic Affairs (SECO).
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Recipients will obtain a grant to half sponsor the price of commissioning an unbiased venture evaluation utilizing the Hydropower Sustainability ESG Gap Analysis Tool (HESG), one of many internationally recognised Hydropower Sustainability Tools.
Joao Costa, Head of Sustainability at IHA, mentioned: “This fund goals to extend the variety of sustainability assessments globally and advance the event of climate-friendly sustainable hydropower.”
The grant will co-finance unbiased assessors, who’re accredited by IHA and a multi-stakeholder governance council, to hold out an evaluation utilizing the HESG. The evaluation entails a web site visible inspection and interviews with stakeholders and concludes with an official report and a niche administration plan.
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Following the primary name for proposals in 2020, the fund half sponsored six assessments, together with the Stortemelk venture in South Africa. The four.3MW run-of-river plant developed by Stortemelk Hydro, a subsidiary of Renewable Energy Holdings (REH), achieved international good follow throughout 10 environmental, social and governance (ESG) efficiency standards within the unbiased evaluation.
Projects below preparation and improvement, in addition to these already in operation, are all eligible for the grant. Applicants might want to display a robust observe document or dedication to sustainability and present that their venture aligns with nationwide or regional improvement insurance policies.
Hydropower venture builders and operators can apply earlier than May 2021 deadline.
The second name for proposals is now open and a sum of CHF 350,000 ($392 896) might be awarded to 14 tasks from the next international locations: Afghanistan, Albania, Armenia, Azerbaijan, Bolivia, Bosnia-Herzegovina, Cambodia, Colombia, Democratic Republic of Congo, Egypt, Ethiopia, Georgia, Ghana, Haiti, Honduras, Indonesia, Kenya, Kosovo, Kyrgyz Republic, Lao People’s Democratic Republic, Malawi, Mali, Moldova, Mongolia, Morocco, Mozambique, Myanmar, Nepal, Nicaragua, North Macedonia, Pakistan, Peru, Rwanda, Serbia, South Africa, Tajikistan, Tanzania, Tunisia, Ukraine, Uzbekistan, Vietnam, Zambia and Zimbabwe.
Download the Call for Proposals
Originally revealed on esi-africa.com
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