Crowdfunding: Innovations in financing energy projects Mak Đukan Renewable energy cooperatives project UNDP Croatia Sub-Regional Conference on Sustainable Energy in South East Europe 9 – 10 th December 2013, Zagreb, Croatia
Jan 13, 2015
Crowdfunding: Innovations in financing energy projects
Mak ĐukanRenewable energy cooperatives projectUNDP Croatia
Sub-Regional Conference on Sustainable Energy in South East Europe9 – 10 th December 2013, Zagreb, Croatia
Financing of projects based on large number
of small financial contributions in form of donation, loan or investment
Bank loan Crowdfunding
Source of graphic: Peter Baeck, Liam Collins and Stian Westlake, Crowding in: How the UK’s businesses, charitiesgovernment and financial system can make the most of crowdfunding, Nesta, December 2012
Crowdfunding types
Source: crowdsourcing.org
Crowdfunding statistics
Source: crowdsourcing.org
Source: crowdsourcing.org,Crowdfunding industry report, 2012
More than 450 CFPs are active worldwide; the majority based in North
America and Europe
Most of these are reward based (43% in 2011)
Source: Peter Baeck, Liam Collins and Stian Westlake, Crowding in: How the UK’s businesses, charitiesgovernment and financial system can make the most of crowdfunding, Nesta, December 2012
Can we “unlock” private capital for investments into renewable energy projects?
€ 1.3 million in 13 hours by selling 6.648 shares to 1700
Dutch households
https://www.abundancegeneration.com/
Equity based model
Donation based model
http://www.solarschools.org.uk/
Reward based model
http://www.indiegogo.com/projects/energy-independent-school
Elementary school with the most beautiful garden in Croatia
During a lecture on renewable energy and energy efficiency
The student cooperative produces and sells olive oil ...
Specifics of energy crowdfunding
- requires an investment or loan based model
- local community involvement (energy cooperatives)
- legal adjustments needed
Thank you !
Mak ĐukanRenewable energy cooperatives projectUNDP Croatia [email protected]+385 98 9828 374