Just launched! BRC-A, Energetics & WWF-Australia team up to deliver a New Guide: Renewables that are good for nature, people and your business
Renewable energy projects are expected to deliver positive social and environmental outcomes, which is crucial for the energy transition. These projects must earn a social licence to operate and align with Australia’s nature-positive and net-zero goals. But how do we know what to expect?
This new guide prepared by the Business Renewables Centre-Australia, ERM Energetics, and WWF-Australia will help renewable energy buyers and sellers to navigate these challenges. It focuses on environmental, climate, community, and organisational goals (ECCO goals) and includes a self-assessment checklist to ensure projects deliver meaningful community benefits.
Aligned with these goals, it includes living case studies of current best practice from across Australia to illustrate what can be achieved.
What does this guide do?
This guide aims to increase the focus on the environmental, climate, community and organisational goals (referred to as ‘ecco’ goals) of renewable electricity projects. It is designed to support the planning for a Request for Proposal (RFP) for PPAs by aiding:
- Buyers to articulate their sustainability and social licence priorities clearly – and consistently applying this value screen throughout the assessment process; and
- Sellers to self-assess how their projects measure up against the ‘ecco’ goals as articulated by the buyer. By pro-actively addressing the typical requirements throughout the project life cycle, sellers can enhance their score during procurement processes.