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Community, Environment & Sustainability. Wales SRT Directors. Ken Moon Colin Keyse. Torfaen Cleanstream. Plastics Sorting Ltd. Merlin Biodevelopments. Challenges. Responses. Thinking differently How to make money fighting climate change
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Community, Environment & Sustainability Wales SRT Directors Ken Moon Colin Keyse
Torfaen Cleanstream Plastics Sorting Ltd Merlin Biodevelopments
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
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
Energising Communities Investment Programme Securing investment for community energy projects
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
Bringing investors & communities together Invest: Generate: Recoup: Invest: Grow
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
Changing perceptions Changing 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)