This report highlights the growing importance for offshore wind proponents to build strong relationships with host communities and secure a social license to operate. This social license, although intangible, is an important asset, rooted in community trust and acceptance of a company and its activities. The paper is intended to facilitate discussion between developers, communities, public sector decision-makers, regulators, and businesses throughout all phases of offshore wind projects.

The Strategic Value of Community Benefits in Offshore Wind Development

Resource Key: DI7I6Y37

Document Type: Report

Creator:

Author:

  • IFC
  • Energy Sector Management Assistance Program (ESMAP)

Creators Name: {mb_resource_zotero_creatorsname}

Place: Washington D.C.

Institution: IFC

Date: 2024

Language: en

This report highlights the growing importance for offshore wind proponents to build strong relationships with host communities and secure a social license to operate. This social license, although intangible, is an important asset, rooted in community trust and acceptance of a company and its activities. The paper is intended to facilitate discussion between developers, communities, public sector decision-makers, regulators, and businesses throughout all phases of offshore wind projects.

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