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Empowering Communities for Sustainable Future: Investment in Renewable Energy Projects

Explore how communities can benefit financially by reducing carbon emissions through renewable energy initiatives. Discover challenges, responses, and a new approach to tackling climate change while securing investment for community energy projects. Learn about government incentives, investment strategies, and real success stories, all aimed at building community resilience and driving positive change. Join the movement for a greener, more sustainable future!

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Empowering Communities for Sustainable Future: Investment in Renewable Energy Projects

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  1. Community, Environment & Sustainability Wales SRT Directors Ken Moon Colin Keyse

  2. Torfaen Cleanstream Plastics Sorting Ltd Merlin Biodevelopments

  3. Challenges

  4. Responses

  5. Thinking differently How to make money fighting climate change “ Now more than ever we need to find alternative ways of engaging people in reducing their carbon emissions… Renewable energy presents a unique opportunity for getting communities engaged in reducing their emissions - and benefiting financially” Reg Platt, Researcher Institute of Public Policy Research

  6. Changes the focus of the challenge • Community projects need grant funding • Lack of sufficient grant funding to meet need • Need for match funding • Rolling back of the Public Sector • End of EU Funding Programmes in 2013? • Investable community enterprise E.g. Community energy schemes are investable • Government Incentives e.g. FITs, ROCs etc • Projected rise in energy prices

  7. Energising Communities Investment Programme Securing investment for community energy projects

  8. How will it work? • Promote potential community energy schemes • Generate interest through social media • Secure investment capital through national IPS • ‘Loanstock’ (oragnsiations) • Share offer (individuals) • Work with local & regional partners • Existing & emerging organisations • Identify & develop projects • Invest in schemes at capital investment stage • Establish local & regional share offerings • Community buy-back

  9. Bringing investors & communities together Invest: Generate: Recoup: Invest: Grow

  10. Who benefits? • Supporters and investors • Financial return • Making a difference to communities • Communities • Community Asset • Independent source of income • Greater resilience • Wider Community • Regeneration mechanism • Behaviour change impacts • Real examples of success • A positive story about climate change /SD

  11. Changing perceptions Changing Reality

  12. Likelihood of success? “ If you think you can do a thing or think you can't do a thing, you're right.” Henry Ford (made cars) “ Those who say it can't be done are usually interrupted by others doing it.” James Arthur Baldwin (American Essayist, Playwright and Novelist, 1924-1987)

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