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Event Background
EVENT
Environment and Social Community of Practice Seminar on Wind Power Projects
Challenges and Good Practices
Environment and Social Community of Practice Seminar on Wind Power Projects
27-28 June

2023

TIME: 27-28 June 2023, 19:00 - 23:00 (GMT+8)

LOCATION: Manila, Philippines

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SUMMARY

Wind energy is among the key green technologies leading the decarbonization of power generation across the world. At the same time, strong environmental and social (E&S) standards in wind energy investments are key instruments to ensure that these investments do not bring about or result in any social or environmental harm.

Wind power projects involve E&S risks that need to be assessed, mitigated, and managed appropriately. These include impacts on marine and avian biodiversity, community access to fishing grounds (for offshore wind farms) and arable land (for onshore wind farms), noise emissions, shadow flicker, and visual impacts. Offshore wind farms offer the technical advantages of higher and more consistent wind speeds but have impacts on marine fauna, particularly marine mammals, due to possible noise and vibrations. 

To discuss these aspects in depth, the Asian Infrastructure Investment Bank (AIIB), in partnership with the Multilateral Cooperation Center for Development Finance (MCDF) and the Asian Development Bank (ADB), organized the Environment and Social Safeguards Community of Practice (CoP) seminar with a focus on the opportunities and the E&S issues arising from the implementation of wind power investments. The seminar aimed to present and discuss good practices to manage E&S risks on wind power projects that can be applied by market players and emerging market financiers in Asia. E&S safeguards specialists and practitioners as well as other market stakeholders shared their experiences on the E&S impacts of wind power projects.

AGENDA
AUDIENCE
  • E&S safeguard practitioners and investment operations staff of International Financial Institutions (IFIs)
  • Relevant stakeholders of infrastructure projects in the wind power sector
FORMAT

The event was a two-day hybrid seminar held at ADB headquarters in Manila and online via Zoom. Presentations and discussions were held in English. Participants engaged through small group discussions, quick-answer apps, and question-and-answer sessions at the end of each panel discussion.

ORGANIZING PARTNERS
  • Multilateral Cooperation Center for Development Finance
  • Asian Infrastructure Investment Bank
  • Asian Development Bank