The hydropower is expected to help mitigate environmental and social risks in the country while using its energy potential, contributing to economic growth and shared prosperity.
IHA sustainability director Cameron Ironside said: "Around the world, different approaches are applied to hydropower development to make sure hydropower is developed sustainably and for the benefit of all stakeholders.
"What they all have in common is that it is essential to put a good political and technical framework in place to promote regional collaboration and make projects successful."
Currently, hydropower potential in Myanmar is up to 100,000MW, which is more than 30 times the currently installed capacity of 2,600MW if realized.
The World Bank Group is also assisting Myanmar in developing a greener energy mix that is environmentally sustainable and socially sound.
World Bank Group member IFC global partnerships vice president Karin Finkelston said: "Electricity is fundamental to reducing poverty and improving living standards for Myanmar’s people, and hydropower is an important part of Myanmar’s energy future – but it has to be done in an environmentally and socially sustainable way.
"Done well, hydropower offers cleaner, affordable, and reliable electricity access to help drive economic growth, poverty reduction, and sustainable development."
