Monday 13 May 2019 | 13:00-17:30 | room: Mansart 2
Hydropower development can help improve social and economic benefits for local and regional communities. Benefits for local communities may include employment, community services, infrastructure, energy, education, new markets, government revenues and economic development.
It is a continuing challenge to ensure that benefit sharing responds to local expectations, builds on existing capacities, and results in sustainable and positive impacts.
From existing research, it appears that many factors influence the success of benefit sharing programmes including: thorough understanding of local context and stakeholders; examination of the business case, company values and culture; suitable engagement carried out by experienced practitioners and selection of benefit sharing programmes and implementation mechanisms that make most sense for the given context and business model.
What are the current trends and lessons learned from implementation of benefit sharing mechanisms by hydropower developers? What challenges and opportunities arise from different benefit sharing mechanisms?
The workshop will present key findings from an ongoing study on benefit sharing practices in hydropower projects commissioned by the International Finance Corporation (IFC). Additional experiences that focus on selected benefit sharing mechanisms and lessons learned will be discussed.
Facilitated discussions will allow participants to share experiences, ask questions and reflect on needed improvements in benefit sharing practices.