According to IFC website, the Myanmar Hydro is comprised of the following project components:
Component 1: Improve and ensure implementation of regulatory frameworks for the hydro sector to promote implementation of good international industry practice in E&S standards.
Component 2: Enable adoption of good industry practice E&S standards by hydropower companies investing in, and developing, hydropower.
Component 3: Raising public awareness and developing thought leadership and communications on the values of E&S sustainability standards in the hydropower sector.
The overall goal of the program is to increase the share of new private sector investments in the Lao hydro sector that adhere to good international industry practice environmental and social standards by 2020.
The overall goal of the program is to increase the share of new private sector investments in the Lao hydro sector that adhere to good international industry practice environmental and social standards by 2020. This will be accomplished through an integrated programmatic approach by partnering with the Government of Myanmar (GOM), hydropower companies, regional banks and civil society organisations. Specifically:
a. GOM will have improved the regulatory environment for the hydropower sector. IFC will build GOM capacity to implement and monitor changes in policy.
b. GOM with wide-spread stakeholder engagement will have conducted a country-wide strategic environmental assessment based on key environmental and social sustainability criteria to aid in decision-making around hydropower development.
c. GOM and relevant basin level authorities, hyropower companies, and stakeholders will pilot procedures for cumulative impact assessment and management in one river basin in Myanmar.
d. A Hydropower Deveopers' Working Group (HDWG) for Myanmar will be created as a public-private dialgoue platform to contribute to policy change and selected hydropower companies will have adopted good international industry practices of environmental and social standards.
No contact information provided at the time of disclosure.
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