Title: Climate Toolkits: Renewables
Published: May 17, 2023
Country: Global / Non-Specific
Sector: Energy and Power
The renewables toolkit helps government agencies in emerging markets and developing economies (EMDEs) incorporate climate-related risks in the early stages of renewable energy infrastructure projects procured through public-private partnerships (PPPs). It provides step-by-step instructions on applying the provisions of the Climate Toolkits for Infrastructure PPPs (CTIP3) to renewable energy-specific PPPs. The toolkit familiarizes non-expert users with the impact of climate change on renewable energy projects and offers guidance on climate mitigation, adaptation, and resilience. It aims to assess the potential effects of climate change on projects and suggests measures to mitigate impacts. NOTE: The toolkit is a complement to the Umbrella Toolkit and is not intended for the design and tendering phases.
This document is intended for use by government agencies in emerging markets and developing economies (EMDEs), in order to assist them in incorporating climate-related risks and opportunities in the preliminary preparation stages of renewable energy (solar and wind) infrastructure projects procured through PPPs. It complements the World Bank Group’s Climate Toolkits for Infrastructure PPPs (CTIP3)2(the “Umbrella Toolkit”) by providing step-by-step instructions on how to apply its provisions to renewable energy specific PPPs. It is intended to familiarize public sector non-expert users with the potential effects of climate change on renewable energy projects—and the resulting considerations for climate mitigation, adaptation and resilience—so they can be adequately appraised as early as possible when pursuing such projects. As such, this toolkit aims to help users understand how climate change could affect—or be affected by—their renewable energy project, the potential consequences, and what measures can be taken to alleviate impacts. Note that this toolkit is not intended for the design to structuring and tendering phases, but should be consulted as a complementary tool to the Umbrella Toolkit.
Updated: October 12, 2023