Crowdfunding in Russia & Evolution of the Startup Investment Climate
Crowdfunding to Combat Climate Change · Crowdfunding to Combat Climate Change Austrian Climate...
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www.energy-changes.com Crowdfunding to Combat Climate Change Austrian Climate Change Workshop Beyond Paris – Driving Solutions for the Next Decade Vienna, February 18th-19th Clemens Plöchl Energy Changes Projektentwicklung GmbH Obere Donaustraße 12/28 1020 Wien T: +43 676 847 133 100, Mail: [email protected] www.energy-changes.com
Transcript of Crowdfunding to Combat Climate Change · Crowdfunding to Combat Climate Change Austrian Climate...
www.energy-changes.com
Crowdfunding to
Combat Climate Change
Austrian Climate Change Workshop Beyond Paris – Driving Solutions for the Next Decade
Vienna, February 18th-19th
Clemens Plöchl Energy Changes Projektentwicklung GmbH
Obere Donaustraße 12/28 1020 Wien
T: +43 676 847 133 100, Mail: [email protected] www.energy-changes.com
www.energy-changes.com
Energy Changes
We www.energy-changes.com focus our business activities solely on renewable energy, energy efficiency and GHG mitigation activities. We identify, evaluate and develop projects and provide finance/ policy consulting as well.
References in over 30 countries; services include
Finance Crowd-investing platform, subsidy management (ELENA, Austrian environmental subsidies), carbon finance (based on CDM/JI), Sustainable Energy Financing Platform Austria (SEFIPA) Engineering/Technical • audits, • design (biomass, PV) Policy/Strategic Advice NAMA development; Industrial Energy Efficiency, energy strategies (corporates, municipalities, regions)
www.energy-changes.com
Crowdfunding Definition
“The practice of funding a project or venture by raising many small amounts of money from a large
number of people, typically via the Internet”
Reward based
crowdfunding
Equity based
crowd-investing
Lending based
crowd-investing
Donation based
crowdfunding
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Why Crowdfunding
• Other sources of funds are drying up • Convenience • Real time feedback – concept validation • Marketing • Awareness – additional funds
o Higher returns and higher risks o Build your own portfolio - select the projects of your choice o Alternative to established systems (screw the banks) o Get engaged (Crowdfunding as a tool of civic participation, community projects)
Investor
Business/Project Owner
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Status of Crowdfunding Global crowdfunding in 2014,
expanding by 167 percent to
reach $16.2 billion In 2015, the
industry is set to more than
double once again, on its way to
raising $34.4 billion
Source: http://www.germancrowdfunding.net/
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Crowdfunding GHG Mitigation Activities
There are 25 crowdfunding platforms (US, EU) solely focused on
renewable energy and energy efficiency
Platforms raised EUR 165 Mio for more than 300 projects Source: Solar Plaza
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Crowd4Climate
• Platform for financing GHG reduction projects in least developed countries by investments of Austrian/German individuals
• Developed with support of Austrian Ministry of Environment
• Starting Spring 2016
• www.crowd4climate.cor
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Crowd4Climate
PLATFORM
Cash outflow
Cash outflow Cash inflow
INVESTOR Project
Owner
ESCROW_ACCOUNT
Cash inflow
Project
Presentation Investment
Data management,
Monitoring
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Challenges of Cross Country Transactions
Varying regulations referring to:
• entity raising money (SME, information requirements etc.)
• investors providing funding (information, restrictions on amount of investment, consumer protection)
• platform (due diligence, trade license, insurance etc.)
• trust accounts (trade license, money laundering etc.)
• data protection
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Ideas to Scale Up Crowdfunding for Combating Climate Change
A harmonized legal framework across countries is the solution that
everyone is looking for (no only Europe but worldwide)
Use of existing mechanisms
China’s Hanergy seeks crowdfunding for
carbon offset project
Published 12:20 on July 24, 2015 / Last updated
at 12:20 on July 24, 2015 / Bavardage, China,
China's Offset Market / No Comments
Renewable energy firm Hanergy is seeking
crowdfunding via the internet to pay for a rural
biogas project in Hubei province that it expects
can generate CCERs for the Chinese carbon
market.
Renewable energy firm Hanergy is seeking
crowdfunding via the internet to pay for a rural
biogas project in Hubei province that it expects
can generate CCERs for the Chinese carbon
market.
http://climateneutralnow.org/Sit
ePages/Who%20offset%20with%
20CERs.aspx
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Ideas to Scale Up Crowdfunding for Combating Climate Change I
• hosts (registered) CDM
projects and NAMA activities
on platform
• issues and retires CERs
Crowd-Investor Project Owner
• Develops GHG mitigation project
• Registers project at UNFCCC
• Receives advance payment
• Implements project
• Verifies CERs
CER Market
• Selects registered project
• Transfers advance payment for
CERs (pre-sale type)
• Receives retirement certificate
from UNFCCC
• Receives payment from
compliance/voluntary buyer
• Pays for
retired CERs
voluntarily or
to comply
with
regulations
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Ideas to Scale Up Crowdfunding for Combating Climate Change II
Multilateral
Project
Identification
National
Platforms
Multilateral Trust
Account
Pro
ject O
wn
ers
Inve
sto
rs
