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The purpose of this paper is to analyze the environmental impact assessment of power energy projects in Latvia. Every industrial activity and procedure influences the environment and climate change: each to a lesser or greater extent. In Latvia, the Environmental Impact Assessment (EIA) procedure has been carried out for more than ten years, and during these years numerous impact assessments have been conducted. The main purpose of the EIA is to assess the possible impacts of the implementation of an intended activity, or planning document, on the environment and to consequently develop proposals for the prevention or minimization of negative effects. In turn, the project shall avert violation of the requirements specified in the regulatory enactments. Currently, particular global attention, including in Latvia, is being paid to two aspects of the energy crisis – energy dependency and climate change. The global experience has proven that with an increase in the consumption of energy, a deficiency of energy resources occurs. In this situation, public officials have increased the import of energy resources, rather than encourage a reduction of consumption. Consequently, the state becomes more dependent on imported energy resources. At the same time, scientists are researching alternative energy resources, and the development of new technology. Latvia is a country with limited resources. The development of the national economy is unthinkable without an increase in the production sector. In turn, the development of the production sector is connected with the intensification of production capacity and the resulting consequences to the environment.

The paper takes the form of a literature review and a case study.

The power industry in Latvia has acquired a stable position in the national economy. It is necessary to elaborate the common approach of EIA power projects. During the process of impact assessment, principles of Life Cycle Assessment (LCA) should be implemented, which enhance the quality and efficiency of the EIA. The use of LCA principles in the process of the EIA will allow the assessment of the designed activities and environmental impact of proposed alternatives to have greater objectivity.

The work concludes with suggestions on how to include the principles of LCA in the EIA procedure. This is to improve the impact assessment of energy projects.

By the end of their studies, students are expected to: undergraduate level. Learning objective 1: Describe the concept of social entrepreneurship. Learning objective 2: Explain the sources and challenges of funding social entrepreneurial activities. Learning objective 3: Discuss the different strategies that social entrepreneurs may use to raise funds. Postgraduate level. Learning Objective 1: Use theory to explain the concept of social entrepreneurship. Learning objective 2: Discuss the role of social capital in facilitating resource acquisition for social entrepreneurial activities. Learning objective 3: Evaluate the current action for fundamental change and development (AFFCAD) funding model and propose strategies that may be used by a social enterprise to achieve financial sustainability when donor funding expires.

The past decade has seen the emergence of many social enterprises from disadvantaged communities in low-income countries, seeking to provide solutions to social problems, which in developed countries would normally be addressed by government sponsored welfare programmes. The social entrepreneurs behind such initiatives are typically drawn from the disadvantaged communities they serve. They are often young people committed to improving the lives of their most disadvantaged community members. Being poor themselves and located in the poorest communities, establishing their enterprise faces fundamental challenges of obtaining resources and if accessed, sustaining the flow of resources to continue and grow their enterprise. Targeting external donors and mobilizing social resources within their community is a typical route to get their enterprise off the ground, but sustaining momentum when donor funding ceases requires changes of strategy and management. How are young social entrepreneurs dealing with these challenges? The case focusses on AFFCAD, a social enterprise founded by Mohammed Kisirisa and his three friends to support poor people in Bwaise, the largest slum in Kampala city. It illustrates how, like many other similar social enterprise teams, the AFFCAD team struggled to establish itself and its continuing difficulties in trying to financially sustain its activities. The case demonstrates how the youngsters mobilised social networks and collective action to gain access to donor funding and how they are modifying this strategy as donor funding expires. From an academic perspective, a positive theory of social entrepreneurship (Santos, 2012) is applied to create an understanding of the concept of social entrepreneurship. The case uses the social capital theory to demonstrate the role played by social ties in enabling social entrepreneurs to access financial and non-financial support in a resource scarce context (Bourdieu, 1983; Coleman, 1988, 1990). The National Council for Voluntary Organisations Income Spectrum is used as a tool to develop the options available for the AFFCAD team to sustain their activities in the absence of donor support. The case provides evidence that social entrepreneurs are not limited by an initial lack of resources especially if they create productive relationships at multiple levels in the communities where they work. However, their continued success depends on the ability to reinvent themselves by identifying ways to generate revenue to achieve their social goals.

This case study is aimed at Bachelor of Entrepreneurship students, MBA, MSc. Entrepreneurship and Masters of Social Innovation students.

Teaching Notes are available for educators only.

CSS 3: Entrepreneurship.