Hydropower

HYDROPOWER CRITERIA CONSULTATION OPEN - We Want to Hear from You! 

CONSULTATION OPEN: CBI is reaching out to hydropower stakeholders worldwide to provide their feedback on the Hydropower Criteria. The public consultation for the Hydropower Criteria started on 19th June 2019, and will close on 2nd August 2019. To provide feedback on the Criteria, please first read  the Hydropower Criteria FAQs and brochure, then review the Background Paper or review the shorter Hydropower Criteria document. Then use the feedback form provided and send this to public.consultation@climatebonds.net before 02/08/19. 

Frequently Asked Questions

Why do we need Climate Bonds in Hydropower? What type of hydropower projects can be financed via climate bonds? Click here to read what our most frequently asked questions are regarding the Hydropower Bond Criteria and the Consultation Process. 

Hydropower Criteria 

CBI’s Hydropower Criteria provide guidance for developers on ensuring climate change resilience, improving environmental and social sustainability. Projects adhering to the Criteria strengthen their credibility and increase their access to responsible investment options.

Hydropower Criteria Background Paper

In this background paper, learn how the Paris Agreement shaped the Hydropower Criteria to ensure sustainable development, without compromising economic development and access to electricity. The background paper explains how the Hydropower Criteria applies to all types of projects interested in securing responsible financing. 

Hydropower TWG and IWG

The TWG brings together a host of industry, environmental, technical and water experts drawn from international NGOs, government and academia. TWG processes will be conducted through regular meetings and bilateral consultations, organised around evolving draft documents. The Criteria developed by the TWG is reviewed regularly by the Industry Working Group made up of experts from the hydropower industry and financial sphere to ensure their usability for the climate and green bond market. Once developed, Draft Criteria will then be opened for public and industry stakeholder consultation. Feedback will be reviewed before being submitted to the Climate Bonds Standard Board for consideration.

Hydropower Technical Working Group:

WWF
Jian-hua Meng
International Water Security Lead

International Hydropower Association
Richard Taylor
Chief Executive Officer

Alliance for Global Water Adaptation
Dr. John Matthews
Secretariat Coordinator

International Institute for Environment and Development
Jamie Skinner
Principle Researcher, Natural Resources Group & team leader, water

Water and Power Law Group PC
Richard Roos-Collins
Principal

Norwegian Ministry of Petroleum and Energy
Oivind Johansen
Deputy Director

State Secretariat for Economic Affairs
Mattia Celio
Program manager

National Planning Commission, South Africa
Mike Muller
Commissioner

IUCN Global Water Programme
Dr James Dalton
Coordinator Global Water Initiatives

Great Rivers Partnership, TNC
David Harrison
Senior Advisor and Consultant

REN21
Christine Lins
Executive Secretary

International Hydropower Association (IHA)
Cameron Ironside
Sustainability Director

 

 

Independent Consultant
Joerg Hartmann

UNESCO-IHE Institute for Water Education
Miroslav Marence
Associate Professor in Storage and Hydropower

TNC
Jorge Gastelumendi
Senior Policy Advisor
 
       
TWG Observers   Technical Consultant  
 

World Bank Group
Pravin Karki
Senior Hydropower Specialist
Energy & Extractives Global Practice

World Bank Group
Diego Rodriguez
Senior Economist

Climate Bonds Initiative
Helen Jackson
Environmental Economist

 

 

Hydropower Industry Working Group (IWG):

Amec Foster Wheeler, Dr Murray C. Simpson Brookfield Renewable, Antonio Fonseca dos Santo
CECEP, Wenqin Lu  Citi, Courtney Lowrance
Contact Energy, Kaapua Smith EBRD, Christian Carraretto
EDF, Alexander Marty and Jean Copreaux Eletrobras, Pedro Luiz de Oliveira Jatoba
FMASE, Gil Maranhão Philipp Hauser Hindustan Electric Power, Awadh B Giri
Hydro Tasmania, Alex Beckitt J.P. Morgan, Charles Gooderham
M&G Investment, David Kemp M&G Investment, David Kemp
Mott McDonald, Bruno Trouille National Australia Bank, David Jenkins
DNV-GL, Mark Robinson Emergent Ventures, Atul Sanghal
ERM, Duncan Russell EY, Pip Best and Judy Li
Kestrel Consulting, Monica Reid China Lianhe Equator Environmental Impact Assessment, Jingyun Liu
PwC, David Greenall S&P Trucost, Derek Ip
TUV Nord, Tahsin Choudhury Zhongcai Green Finance, Yang Yao  

 

Contact

Please contact justine@climatebonds.net or isobel.edwards@climatebonds.net if you have any questions about the public consultation process or the Criteria themselves.

Disclaimer; 

"The Climate Bonds Standard Board operates legally as an advisory committee of the Climate Bonds Initiative Board and oversees the development of the Climate Bonds Standard. Neither the Climate Bonds Standard Board nor any organisation, individual or other person forming part of, or representing, the Climate Bonds Standard Board (together, "CBSB") accepts or owes any duty, liability or responsibility of any kind whatsoever to any issuer which wishes to apply for any of its bonds to be certified under the Climate Bonds Certification Scheme ("Scheme"), or to any issuer whose bonds may at any time be certified under the Scheme or to any other person or body whatsoever, whether with respect to the award or withdrawal of any certification under the Scheme or otherwise. All advice or recommendations with respect to any certification under the Scheme or otherwise that CBSB provides to the Climate Bonds Initiative Board is provided to it in an advisory capacity only and is not to be treated as provided or offered to any other person”