Community, Environment & Sustainability

Ken Moon Colin Keyse

Wales SRTDirectors

Plastics Sorting LtdMerlin

Biodevelopments

Torfaen Cleanstream

Challenges

Responses

Thinking differentlyThinking differentlyHow 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, ResearcherInstitute of Public Policy Research

Changes the focus of the challengeo Community projects need grant fundingo Lack of sufficient grant funding to meet needo Need for match funding o Rolling back of the Public Sectoro End of EU Funding Programmes in 2013?

o Investable community enterprise E.g. Community energy schemes are investable

o Government Incentives e.g. FITs, ROCs etco Projected rise in energy prices

Energising Communities Investment Programme

Securing investment for community energy projects

C3

How will it work?o Promote potential community energy schemeso Generate interest through social mediao Secure investment capital through national IPS

‘Loanstock’ (oragnsiations) Share offer (individuals)

o 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

Bringing investors & communities together

Invest: Generate: Recoup: Invest: Grow

Who benefits?o Supporters and investors

o Financial returno Making a difference to communities

o Communitieso Community Asseto Independent source of incomeo Greater resilience

o Wider Communityo Regeneration mechanismo Behaviour change impactso Real examples of successo A positive story about climate change /SD

Changing perceptionsChanging Reality

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)