Potential financing opportunities graph
What do you think about our potential financing opportunities in correlation with the size of the investment and the project developement phase.
Nice collection! What does the vertical axis represent?
@christospolitis Thank you for your nice comment!
The vertical axis represents the size of the investment. The graph illustrates the amount of money needed for an investment with the most suitalbe financing/funding option in the context of Energy Community initiatives.
Cool! Thank you! I am looking forward to receiving more information on this. The concept of ethical banks is also new to me. How do you define it?
This is a bank whose mission is not to maximize the profit but to foster cultural, social and ecological projects: it does not invest in the financial markets, and it makes loans exclusively to economically viable projects of the social economy: organic agriculture, social or cultural projects, energy saving, renewable energy production, etc. It also organizes a transparent circulation of money; the list of the financed projects is published each year. Most of the time they are cooperative banks: savers and borrowers are also members of the cooperative and have a right to vote each year during the general assembly. More than the right to vote, ethical banks offer to savers and borrowers the possibility to create links among them, which is a strong added value for RESCoop projects managers.