| Spotlight
the backbone of national strategies to build thriving, low carbon economies. As most of the untapped hydropower potential that remains today is in developing regions, this is where the Bali Statement urges for more changes and investments to take place. The key message of the statement, which was made following open public consultation, is that the industrial revolution was powered by water but water, wind and sun together will power sustainable growth of the future. To ensure that necessary collaboration can take place, the statement recommends policymakers:
1. Plan for future energy needs With more variable renewables, decision-makers must work together across boundaries to identify the optimal overall mix of low carbon renewable energy technologies to enable sustainable development.
2. Incentivise sustainable hydropower development through financial and market- based mechanisms Hydropower must be on a level playing field with other renewables and decision-makers should implement appropriate market frameworks to incentivise and de- risk new hydropower investment and modernisation activities to meet climate targets, including remuneration for the non-energy services provided by hydropower projects.
3. Accelerate the development of renewables through transparent and efficient permitting and licensing processes Hydropower planning and approval processes typically take more than five years before new projects and substantive modernisation activities can even begin construction. Meanwhile, the default
Above: The International Hydropower Association team celebrate with sustainable hydropower’s mascot Frankie at the end of the World Hydropower Congress
Below: The hydropower sector took a crucial step forward, with the launch of the Hydropower Sustainability Alliance (HSA) at the World Hydropower Congress. It acts as the independent and multistakeholder standard- setting body, overseeing the Hydropower Sustainability Certification
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