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IFC | Philippines Strategy FY20–24
ESG Advisory – Asia Pacific
Inclusive and Sustainable Development of Power ProjectsIPPAN POWER SUMMIT
Kate LazarusESG Advisory Lead, Asia-PacificKathmandu22 November 2019
IFC | Philippines Strategy FY20–24
Context
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The Asia super-region contains 19 IDA countries, 9 of which are classified FCS - creating ESG challenges for private sector.
Several of the world’s most vulnerable countries to climate change are in Asia Pacific. 80% of major cities are exposed to floods and pollution is rampant across the region.
Rising risk and external E&S pressure More than 50% of IFC’s current exposure in
countries with complex E&S issues are likely to grow Stakeholder pressures on E&S issues
Doing business in FCS/IDA/frontier markets is resource intensive
Companies will have lower E&S capacity and lower understanding of good practice / the business case
Host country governments often have poor land planning, overlapping concessions, weak governance and enforcement of E&S requirements (PPP)
The drive for resources is pushing development deeper into…
Geographically isolated areas with high biodiversity value
Countries with weak land governance, social unrest and conflict
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A Landscape Advisory initiative is any on-the-ground E&S intervention that addresses risks that are beyond the ability of any one company to address on its own.
Such an initiative creates an enabling environment as early as possible in the project cycle to increase private sector investment in the real sector by unlocking complex E&S challenges.
Upstream: Landscape Advisory
De-risk E&S issues when investment project(s) are
already in pipeline
Engage to create a bankable pipeline of
projects in a particular sector, country-wide
Landscape: Focusing on our watersheds to balance development &
conservation
When operating in such complex environments ESG challenges are often beyond the ability of onecompany to solve alone….
Sectors that depend on the presence of natural resources tend to be geographically concentrated (e.g.,hydropower, wind and solar power, agribusiness, OGM), collectively affecting the same E&S receptors(e.g., communities, biodiversity, human rights, water, security)
The standard approach of assessing risks and impacts through a project-only lens is inherently limitedwhen companies are operating in close proximity – companies will not readily share data or collaborate onassessments, leading to a duplication of efforts and an inability to monitor as data collection methods areoften variable
Addressing key E&S issues at the ESIA stage, is often too late for effective management, especially whenoperating in sensitive environments
There is a barrier to investment when no single entity has the ability, leverage and technical know-howto convene multiple stakeholders to collectively address risks and impacts and define solutions
Upstream engagement is required to avoid impacts and the need for high-risk, costly mitigations (e.g.offsets) and reduce the chances of unexpected delays arising from stakeholder concerns
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IFC | Philippines Strategy FY20–24
Hydropower Development in Trishuli Basin 6 operational, 7 under construction & 23 planned = 1,500 MW
Enable better optimization of cascades of projects’ power potential whilst ensuring E&S risks are minimized
Resulting in improved operations and power outcomes, formulation of appropriate environmental flows, and strengthens coordination and management from a system (landscape/basin-wide) perspective
IFC | Philippines Strategy FY20–24
Upper Trishuli – 1 Hydropower ProjectDeveloper: Nepal Water and Energy DevelopmentCompany (NWEDC)
216 MW
32 m high weir
11 km diversion reach (lower flow section betweendam and power house)
Fish ladder
Snow trout migration (Schizothorax richardsonii)
IFC | Philippines Strategy FY20–24
VEC: Aquatic Habitat – Full Development
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Langtang Khola HPP will
block migration and
spawning upstream
Phalanaku Khola HPPSs
Will block migration and
spawning upstream
Salankhu Kohla HPP Will
block migration and
spawning upstream
Trishuli GalcchiHPPS will
block migration of masher
and snow trout and spawning
upstream. Will further
fragment populations of snow
trout and mahseer?The Tadi Khola HPPs Will
severely fragment
populations
Super Trishuli HPP will have a
a fish pass so is unlikely to
fragment the population
Recommendations to implement management actionsAspect/Intervention Area
High Management
Fish Protection • Allocation of sufficient river or wildlife guards in the entire river stretch and all the tributaries• Preparation and implementation of sustainable fishing plans • Development of indigenous fish hatcheries for fish stocking
Sand, Sediment, Gravel Mining
• Allocation of mining supervisors and guards in the entire river stretch and tributaries• Preparation of and implementation of sustainable sediment mining plan• High protection in the tributaries
Ecological Flow • Increasing the E-Flow in framework of adaptive management
Fish Passages • Setting up fish ladders at all the dams • Reviewing and implementing contemporary and innovative designs for fish passages to
reduce barrier levels
Fish Hatcheries and Farming
• Development of hatcheries for commercially valuable fish • Breeding and stocking of indigenous fish in sections of rivers and tributaries where isolation
of the population cannot be avoided.
Watershed Management
• Management of water quality through control and treatment of household and industrial effluents to benefit the communities as well as the river ecosystem
• Reduction of erosion through afforestation to stabilize slopes
Government policies • Preserving spawning grounds; • Limiting hydropower development, especially in pristine stretches and certain tributaries
Institutional Arrangements
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What is Gender Equality?
Equal rights, responsibilities and opportunities of women and men and girls and boys:
Equality does not mean that women and men will become the same But that human rights, responsibilities and opportunities will not depend on whether they are born
male or female Gender equality is not a women’s issue Equality between women and men is a precondition for, and indicator of, sustainable development
Gender Equality is Not About Women Only
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Gender issues and biases affect women more;
Gender equality is not a women’s issue
Gender equality is not to say women and men will become the
same
Gender equality is good for employees, and good for
businesses
Why is Gender Equality Important?Access to good quality jobs and access to resources (like cash andtrainings) are important to create change for women, communities,businesses, and economies—and fundamental drivers of economicgrowth and poverty reduction.
Global Gross Domestic Product (GDP) could rise by up to $28 trillion by2025 if women participate in the economy at the same rate as men(McKinsey).
A basic bank account is key to women's stability but globally 65% ofwomen, compared with 72% of men, have such an account—almost unchanged since 2011 (Global Findex database).
Firms with at least 30% female leaders had net profit margins of up to 6percentage points higher than firms with no women in the top ranks(EY & Peterson Institute).
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The Gender Gap Country Rank
Philippines 10
Laos 64
Thailand 75
Myanmar 83
Nepal 111
Bhutan 124
Pakistan 143
IN PARTNERSHIP WITH
Powered by Women helps renewable energy companies build the business case for gender diversity. We promote business growth
and efficiency and enhance sustainability through increased gender diversity to help improve lives of women in Myanmar, and
throughout Asia-Pacific.
Our aim is to help increase women’s access to good jobs and income earning opportunities as well as strengthening
their voice and skills.
Globally, women working in the renewable energy sector comprise 35% of the workforce.
46% administrativeroles
28% technical roles
Of women in RE companies:
32% managerialroles
The Challenge:
A TIME BOUND set of commitments by companies to make MEASUREABLE PROGRESSon recruiting, retaining, and promoting women in their business or engaging women in affected communities. It will be supported by facilitated SHARED LEARNING and accountability mechanisms such as PUBLIC REPORTING on progress against the targets you set
Next Steps Research on
Business Case for Gender Diversity
On-going Signing MOU with
IPPAN to advance gender diversity in Power sector
Today Forum to present
research and launch challenge
February
Powered Series Employer Supported Childcare Enhancing engagement of Women in EIAs Monitoring and Evaluation Respectful Workplaces Fundamental Elements of Mentorship The Business Case for Gender Equality Women in Leadership positions
Business Roundtables PbW focal points and company CEOs Presentations to industry associations Participation in Women in Business conferences
Trainings Communications Leadership
IFC Myanmar GENDER Resources
Research due November 2019
Launched March 2019
IFC | Philippines Strategy FY20–24
Download at:www.mofe.gov.np
