SEAS supported a workshop organised by the Global Climate Partnership Fund and invited Environmental and Social (E&S) practitioners from GCPF partner financial institutions to Singapore to the GCPF Environmental and Social Workshop on 14-16 Mar 2018. Staff from GCPF partner banks with a role or responsibility related to environmental and social risk management participated in the 3-day programme.
The participants shared experiences and discussed challenges and solutions when applying internationally recognized E&S standards.
The interactive and modular workshop was delivered and discussed the following issues:
The business case for a strong Environmental & Social Management System
• Deep dive: Material risks for different investment segments
• Legal and other lender requirements
• Case studies: how to identify E&S risks
• Defining components and implementing an ESMS
• How to integrate E&S considerations into credit analysis
• How to overcome internal/external resistance when addressing E&S matters
Implementation – how to make it work
• Parallel side sessions on topics such as how to develop an E&S sector checklist; how to manage external communication
around E&S; and defining the ESMS, scope, management support, staffing and associated issues
• Panel discussion of opportunities and challenges when applying more stringent E&S requirements
• Lessons learned from financial institutions
Project site visit for on-site discussion about managing E&S risks
• Meet project sponsor and discuss E&S aspects and how they are managed
• What are the challenges and how were they addressed
Day 1
0800-0815: Welcome by GCPF
0815-0830: Introductions and workshop agenda
0830-0930: Session 1
Participants’ expectations - Introduction Clarify course expectations Relevance of E&S, ESMS, relevance for credit and credit risk officers ‘Ice breaker’
0930-1000: Session 2
Overview of E&S risk management principles - Global E&S trends Stakeholder engagement Risk management & opportunities
Implications for FIs
1000-1030: Break
1030-1130: Session 3
Group work:
E&S challenges for FIs - Each table discusses and lists the key challenges faced by FIs around identifying, assessing and managing E&S issues
1130-1230: Session 3 (cont.)
Group work presentations - Each table to select one key challenge and the others prepare recommendations on how to overcome these and presents them to the plenary and the group that defined the challenge then responds
1230-1330: Lunch: Outside Juniper Room, Level 2
1330-1415: Session 4
ESMS components - ESMS components, use of checklists, staffing needs, use of consultants, integrate into credit analysis – benefits to the FI as well as clients. Global & regional lender’s requirements
1415-1500: Session 5
FI ESMS case studies - Discussion on good practice – how the FI has addressed E&S challenges – policy, procedures, resources
1500-1530: Break
1530-1630: Session 6
Role play: Convincing the client - Overcoming objections from borrowers
1630-1700: Wrap-up and any takeaways - Sum-up and outlook for Day 2
1700-1900: Private time for meetings / emails / calls
1900-2100: Dinner
Day 2
0800-0815: Warm up and recap from the previous day - Feedback, clarification of issues, focus for the day ahead
0815-0915: Session 7
Group work: Would you invest? - Visual presentation of several EE and RE projects – each table to decide if they would invest, then give rationale
0915-1015: Session 8
Environmental appraisal of clean energy projects - What matters and why - A consultant’s experience of projects in the region
1015-1045: Break
1045-1145: Session 9
Interactive: case studies
Option 1: Small hydro
Option 2: Wind power
E&S assessment and management in action. Case studies that highlight the various E&S issues in renewable energy projects.
1145-1200: Session 10
GCPF TA support - How can GCPF assist with enhancing FI’s E&S risk management
1200-1300: Lunch: Outside Juniper Room (joined by Cleantech Solar corporate clients)
1300-1400: Session 11
Presentation by Cleantech Solar - Cleantech Solar will present their experience with E&S management of solar rooftop systems.
1400-1500: Expert Clinic 1st run - A session with one of the experts on chosen topics
1500-1530: Break
1530-1630: Expert Clinic 2nd run - A chance to attend a different session.
1630-1730: Session 12
Lenders requirements - GCPF’s E&S requirements for FI clients
1730-1745 : Wrap-up session - Introduction to the site visit and logistics
1745-1900: Private time for meetings / emails / calls
1900-2100: Dinner
Day 3
Site visit and Recap
0800-0900: Travel to site visit
0900-1100: Site visit to Keppel MSW Waste-to-Energy facility, Tuas, Singapore
Understanding of the various E&S issues and how they are being managed
1100-1200: Travel back from site visit
1200-1300: Lunch: Cypress Room, Level 2
1300-1400: Workshop summary and farewell
Completion of workshop evaluation forms - Presentation of certificates
Workshop closing
Supported by SECOE
SECOE is a programme of
