Managing the Socio-Economic & Environmental Impact of Energy Projects
IEP-EN-P
Who should attend?
Energy is a critical driver of economic growth, but energy projects have had mixed impacts on the countries where these are carried out. They have been accused of contributing to corruption and not having enough positive impact for the populations of the areas of operation. They have been blamed as well for having a negative impact on their immediate environment (e.g. deforestation, soil pollution) in addition to contributing to climate change. Renewables projects are also challenged on their environmental and social impact, such as wind or biofuels projects. This training provides participants with an overview of best practices in this area, enabling energy operators to better manage their projects, avoiding controversies and costly delays. It also enables public actors to improve the conditions of access to their resources and to better select their partners.
Public :
Business development managers, project managers and staff (commercial, technical and support functions), new CSR managers, energy sector engineers, investors, private sector employees (banking, consulting, insurance), as well as public administration decision makers and staff (industry, finance, energy, environment).
Level :Knowledge
Prerequisite :
To have a basic knowledge of energy (physical principles, units, issues and knowledge of different energy sources).
Course Content
POSITIVE & NEGATIVE IMPACTS OF ENERGY PROJECTS
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Duration : 1 Day
Economic and social benefits.
Potential risks and negative impacts: Dutch disease, inequality in the distribution of created wealth, corruption risk.
Weight and impact of energy taxation.
Impact of risks at project level.
Environmental risks of the different energies: fossil and renewables.
SUSTAINABLE DEVELOPMENT POLICIES, STANDARDS & REGULATIONS
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Duration : 0.5 Day
The United Nations’ sustainable development goals.
Major international agreements.
Non-financial reporting obligations (e.g. EU Directive 2014/95).
ISO 26000 standards, 14000.
TOOLS TO MANAGE PROJECTS’ SOCIO-ECONOMIC ISSUES
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Duration : 1 Day
Risk assessment (PESTEL analysis).
Stakeholder management.
Reputation, communication and crisis management.
Compliance, ethics charters.
Societal and environmental commitments.
SUSTAINABLE FINANCE
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Duration : 0.5 Day
International financial mechanisms (e.g. funds, subsidies) for the environment and to deal with climate change (e.g. global environment facility, green climate fund).
Equator principles.
Green bonds, green investment funds.
Shareholder activism.
Learning Objectives
Attendees will be able to implement the following skills:
Assess the positive and negative social and economic impacts of energy projects,
Compare the environmental risks of different energies,
Interpret the most common sustainable development policies, standards and regulations,
Estimate the impact and opportunities of sustainable finance on their projects,
Manage their projects’ risks and key stakeholders through a structured process,
Analyze best practices in terms of ethical, societal and environmental commitments to adapt them to their projects.
Ways & Means
Exercises.
Impact assessment model.
Case study: Dutch disease, recent oil and gas projects, challenges to wind development.
Critical analysis of the “sustainability reports” of various energy companies.
Examples of practices from various countries.
Quiz.
Learning assessment
Participants will be evaluated throughout the training through exercises, case studies and a quiz.
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Coordinator :In house, or contracted, IFP Training trainer having expertise and hands-on experience in business development in the energy sector.
To French entities : IFP Training is referenced to DataDock ; you may contact your OPCO about potential funding.
Please contact our disabled persons referent to check the accessibility of this training program : referent.handicap@ifptraining.com
IFPT Account
