Wind farms tend to be large projects built in relatively remote areas, and in the past, they have often generated more disturbance than benefits for local communities. This World Bank report discusses models that allow host communities of wind energy projects to benefit more from those projects.
This report considers the challenges faced by developers implementing renewable energy projects in the SADC region, analyzes existing prefeasibility or early-stage project preparation funds in the region and globally to assess if they effectively support project developers, and provides recommendations on how to improve and scale up these facilities.
This report identifies the main risks and barriers limiting investment in the energy transition, supplying a toolkit for policy makers, public and private investors, and public finance institutions to scale up their investments in renewable energy.