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Governance and Key Roles
Foundation Governing Board
The Governing Board for the Sustainable Hydropower Foundation would comprise nominees of the Foundation partners. The Board’s role would be to:
- set frameworks and policies;
- appoint the Foundation Director;
- appoint the Website Reference Panel and determine the Website Reference Panel chairperson;
- accredit auditors;
- receive and review the annual report from the independent Fund Manager; and
- receive and review the annual report from the Foundation Director.
The chairperson of the Governing Board would be elected by the Board members. The Board would meet once per year.
Foundation Director
The Foundation Director would be appointed by the Governing Board. The functions of the Director would be to promote the Foundation, elicit and manage funding, oversee the functions of the management team and Reference Panel, ensure quality control, report to the Governing Board, liaise with the Foundation partners, dissemination of information to supporting organisations, and actively pursue developmental paths for the Foundation.
The Foundation Director would be responsible for ensuring, through the Website Manager and team, that the functions of the website are met. These would include receipt of scheme nominations, posting on the website, receiving and managing public comment, commissioning scheme audits, convening of the Website Reference Panel, and provision of advice and assistance to the Website Reference Panel as required.
The Foundation Director would also be responsible for production of an annual Public Report, which will include establishing and reporting on measures of success for the Foundation and the website.
The website would be managed by a Website Management Team reporting to the Foundation Director.
Website Reference Panel
Each Foundation partner would nominate candidates to the Website Reference Panel, and appointments will be made by consensus by the Foundation Governing Board. The chair of the Website Reference Panel would also be determined by the Foundation Governing Board.
The term of Website Reference Panel members would be two years, and arrangements would be put in place to ensure that there is a measure of continuity over time with its composition.
The expectations of Reference Panel members would be:
- independence from any interests in the scheme under assessment; and
- clearly demonstrated experience in the water and/or energy sectors
Reference Panel members would be required to review the auditing reports for each of the schemes brought before them for approval. Each member of the Reference Panel would receive an annual stipend towards their time spent on reviewing scheme audits and the costs of their meeting attendance twice a year. Meetings would be held in different parts of the world, set up as far as possible to coincide with relevant international events. Planning for and the general costs of Reference Panel meetings would be met by the Foundation.
Fund Manager
An independent Fund Manager would be contracted to provide the following services
- Management of the administrative, taxation, contractual and other financial requirements for the funds granted or otherwise awarded to the Foundation;
- Dealing directly with the funding agencies and other financial supporters of the Foundation, meeting their reporting requirements and other requests pertaining to the uses of monies provided; and
- Reporting to the Foundation Board on matters pertaining to financial, administrative and other business matters, including contributing to the Foundation’s annual public report.
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