PROJECT DESCRIPTION
The project also aims to fast-track the predevelopment stage and reduce risks to investments for OSW projects. While the focus of these two projects is on OSW, they will be the foundation for all other marine renewable energy projects. The primary objective of the two projects are a. Project 1 on MSP: The aim is to establish an OSW MSP tool for the Philippines, to facilitate the development of 31.5GW OSW projects, reduce uncertainties and potential conflict during subsequent project development stages. Annex 3 MSP Terms of Reference provides other specific objectives of this project. b. Project 2 on OSW Permitting: The aim is to develop an efficient permitting process for OSW in the Philippines that is in line with international best practices. Annex 4 Permitting and Consenting for OSW Projects Terms of Reference explains the specific objectives of this project.