Investment in hydropower will help the world meet the United Nations Sustainable Development Goals, including a target to deliver ‘sustainable energy for all’ by the year 2030.
A significant barrier to private sector investment in hydropower is the financial risk associated with rigorous and complex planning and assessments, with no certainty for investors that a project will be given permission to proceed.
Meanwhile, national governments want to ensure that hydropower fits well with local, national and regional strategies, and adheres to international good practice in sustainability.
A new model for project development focused specifically on hydropower is needed to assist governments and investors in selecting and preparing potential sites, which will support the growth of renewable energy at speed and scale.
Our strategy and action
IHA is promoting the establishment of a hydropower project preparation facility.
Since it was first proposed at the World Hydropower Congress in Ethiopia in May 2017, we have continued to engage in dialogue with a number of governments, developers, financial institutions and NGOs to bring forward the concept.
The Hydropower Preparation Facility model could help investors, developers and governments get new projects off the ground by ensuring that each one is selected according to recognised sustainability criteria and national and regional development needs.
Under the model, the facility would support the scaling-up of sustainable hydropower in developing countries by improving the quality of project preparation, facilitating financing and assisting the implementation of projects.
Throughout 2019, working with partners including the World Bank, we will continue to build support for this concept and explore whether hydropower preparation facilities could be established in different regions around the world.
Join the network
IHA members can access the knowledge network in Hydropower Pro, our online member community.
In the online group, network members can connect with each other, exchange experiences and access essential resources, briefings and case studies.
For any questions, please contact IHA senior analyst Nick Troja at firstname.lastname@example.org
SE4All_Proud-Partner_Digital for web pages.png
Latest associated content
18 May 2020Type:News postDate:18 May 2020
Sustainability assessment tools have been enhanced to better align with ESG requirements set by international financial institutions such as IFC and the World Bank.Type:News postDate:7 May 2020
First call for proposals announced with April 2020 application deadlineType:News postDate:18 February 2020
28 October 2019Type:News postDate:5 November 2019
17 May 2019
Commitments underpin the renewable energy transition, manage climate risks and champion good practiceType:News postDate:17 May 2019