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Standardised Financial & Legal Documentation for RETScreen

Legal and financial costs can represent up to 2/3rds of pre-construction costs for clean energy projects, and are a critical barrier to the development of such projects. The RETScreen Clean Energy Legal Toolkit, a standardized financial and legal document management system integrated with the RETScreen Clean Energy Project Analysis Software, will help to significantly reduce these costs, thus breaking down barriers to the implementation of viable projects.

Location

Main activity and output: 
  • Link existing legal documents for energy efficiency, cogeneration and renewable energy projects to RETScreen Software
  • Include an Editor-controlled Wiki document management section within the RETScreen Website
  • Develop customized initial documents where gaps exist
  • Create a RETScreen e-textbook chapter on the "Legal Aspects of Clean Energy Projects" and develop related training materials freely available on the RETScreen website
  • With a focus on REEEP donor priority countries, disseminate content to users via RETScreen Software, links to RETScreen from other websites, a pilot project to key stakeholders in India, and other training events
Expected impact: 
  • Significant reduction in pre-construction project costs through the standardisation of legal and financial documentation and by automating expert knowledge within the RETScreen software.
  • Reduction of project development costs through an integrated set of freely available forms leading to a greater number of projects implemented, particularly in REEEP donor priority countries.
  • Raising of private and public stakeholder awareness and capacity regarding the legal aspects of clean energy projects.