New impact procurement principles framework launched to maximise renewable energy procurement and development benefits

Source: press release, 15 November 2021

New white paper crafted by LevelTen Energy, The Nature Conservancy and The National Audubon Society provides framework for identifying renewable energy projects with positive impacts on communities, conservation and climate
New white paper crafted by LevelTen Energy, The Nature Conservancy and The National Audubon Society provides framework for identifying renewable energy projects with positive impacts on communities, conservation and climate

LevelTen Energy, The Nature Conservancy and The National Audubon Society have launched a framework for integrating community, conservation, and climate considerations – the 3Cs – into every step of the renewable energy procurement and development process. The framework forms part of a new white paper, Beyond Carbon-Free: A Framework for Purpose-Led Renewable Energy Procurement and Development, which has been published to guide the renewable energy industry toward an equitable and sustainable clean energy transition.

As the pace of renewable energy development accelerates, energy buyers are increasingly looking to create positive social and environmental impacts beyond the emission reductions that a zero-carbon power purchase agreement delivers. However, until now, the renewable energy industry lacked a standard and efficient method of assessing projects holistically based on these impacts. The framework set out in Beyond Carbon-Free addresses this need.

Crafted by renewable energy experts at LevelTen Energy, which operates the world’s largest renewable energy marketplace, and conservation experts at The Nature Conservancy and The National Audubon Society, Beyond Carbon-Free advances the industry’s ability to build and procure with impact in mind, at the speed and scale the climate crisis demands. By embracing a “3C” approach, energy buyers and developers can play a pivotal role in maximising the positive benefits the unprecedented build-out of wind, solar, and associated infrastructure can bring while achieving their own public sustainability commitments.

In the US, analysts estimate new wind and solar projects could provide nearly USD 11 billion in tax and land lease revenues, as well as construction, operations, and maintenance wages to rural communities – where the majority of renewable energy projects will be built – by 2030. Further, renewable energy projects can provide significant air and water quality benefits, leading to reduced rates of lung and heart diseases and premature deaths. Through community benefit agreements and other similar programmes, buyers and developers can help ensure that these holistic benefits are reaped by diverse and underrepresented groups within local communities.

Environmental impact assessments are already a standard phase of renewable development. But as the pace of development accelerates, renewable developers can go even further to ensure that projects support conservation efforts. Developers can begin environmental impact assessments sooner, embrace advanced risk-screening tools like The Nature Conservancy’s Site Renewables Right map and The National Audubon Society’s Important Bird Areas map, and foster deeper collaboration with local and state wildlife agencies to protect important habitats, maintain natural areas, and support healthy ecosystems.

While all renewable projects bring significant climate benefits through grid decarbonisation, the extent of this impact can be amplified further through thoughtful project siting. A project developed within a “dirtier” grid where fossil fuel generation is more prevalent can bring greater decarbonisation impacts than one sited on a “cleaner” grid. What’s more, wind and solar projects can be constructed on closed mines, former industrial areas, landfills, and other brownfield locations to avoid building in natural areas, forests, or viable agricultural land – maximising the total potential for carbon abatement.

“LevelTen has seen how creating standards and transparency can accelerate the renewable energy economy,” says Zach Starsia, Director of Transactions at LevelTen Energy. “We wanted to drive that same progress from a social and environmental impact perspective and are proud to partner with The Nature Conservancy and the National Audubon Society, two of the world’s leading conservation organisations, to develop the 3C framework.”

“Tackling climate change and protecting existing wildlife habitat are the most important environmental challenges of our lifetimes,” says Nathan Cummins, Great Plains Renewable Energy Strategy Director at The Nature Conservancy. “Luckily, well-sited renewable energy projects can advance both while ensuring benefits are driven to nearby communities. The 3C framework will help buyers take the lead to create a clean and green future where nature and people thrive.”

“Our peer-reviewed science shows that two-thirds of North American bird species will be vulnerable to extinction if we don’t reduce emissions and slow the rate of global temperature increase,” says Garry George, director of the Clean Energy Initiative at the National Audubon Society. “Clean energy is key to protecting both birds and people from the worst effects of climate change, provided that these projects are built and sited responsibly. This framework as part of the procurement process for renewable energy buyers will incentivise and reward projects that consider climate, community and conservation while creating a cleaner future for us all.”

Download Beyond Carbon-Free.