Editorial
Regional prospectus - a call out for local project ideas
Across Central and North West Victoria, renewable energy developers are looking to invest in local projects and programs that have positive social, community, economic and environmental impact. These companies are creating ‘shared value’ by addressing community needs in ways that improve their bottom line results.
Shared value is defined as policies and practices that enhance the competitiveness of companies while improving local economic, social and environmental conditions in the regions where they operate. Through the Victorian Renewable Energy Auction Scheme, the State has made a compulsory requirement that all participants in the Auction Scheme must demonstrate shared value.
To assist the State and developers identify and connect to local projects, the Central Victorian Greenhouse Alliance and partnering local governments are inviting local organisations, businesses and individuals to an Expression of Interest to capture local projects as investment opportunities to be communicated through a regional prospectus.
Note that the CVGA will not have a role in selecting projects but is simply gathering a prospectus of potential projects that developers can then use to select from. The CVGA is not being funded by the developers or the State to deliver this, but is doing it for community benefit alone to ensure local communities can be public and on the front foot about local opportunities.
Any type of organisation or individual is able to register their idea  through this process. Similarly, your idea does not need to be energy related. The key attribute will be about delivering local benefits to the region the developments occur within.
If you have a project or program idea that you would like to be supported, please go to www.cvga.org.au/prospectus for more information.
Submissions are due by the 31st of December 2017. Any further information or questions please send an email to comms@cvga.org.au.
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