Improving the assessment of social and environmental impacts of RE projects for financial institutions

This paper presents a novel approach to conducting environmental and social risk assessments associated with financing renewable energy projects. Risks such as community opposition, regulatory delays, and ecological damage can significantly impact both project viability and investment decisions. The aim is to provide a tool that enhances decision-making in the face of the uncertainty associated with developing these projects. The proposed method consists of two phases. First, a fuzzy risk assess