Guidance Note Electricity Sector Risk Assessment

Download or read book Guidance Note written by Asian Development Bank and published by Asian Development Bank. This book was released on 2009-09-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The electricity sector is vulnerable to a broad range of risks that can threaten development effectiveness. Risks can spring from the magnitude of the sector's capital investments, opportunities for discretionary decision making and rent seeking by stakeholders, weak policy and regulatory frameworks, capacity weaknesses of sector entities, and inefficient systems. Governance risk vulnerabilities can cut across policy formulation, regulation, planning, financial management, procurement, and sector operations. This guidance note aims to explain key features of the electricity sector and identify entry points for mapping governance risks.