CrowdFundRES and other stakeholders of the Citizenergy platform issue joint position paper
“On the heels of the EU Sustainable Energy Week, a group of stakeholders have joined forces to call for increased harmonisation across EU member states with regard to crowdfunding. As an alternative to conventional funding methods such as bank loans, both crowdfunding for renewable energy and energy efficiency projects as well as cooperative models have the power to help fund the EU’s 2030 Energy Strategy. These participatory financing models can also foster public involvement in and acceptance of sustainable energy, as is increasingly being found by local authorities across Europe. A lack of coherent regulatory frameworks for crowdfunding on both the European level as well as in individual national contexts, however, is presenting a major stumbling block in this endeavour”.