1. Crowdfunding: Innovations in
financing energy projects
Sub-Regional Conference on
Sustainable Energy in South East Europe
– 10 th December 2013, Zagreb, Croatia
Mak Đukan
Renewable energy cooperatives project
UNDP Croatia

2. large number
of small financial contributions in form of donation
loan or investment
Financing of projects based on
Bank loan
Crowdfunding
Source of graphic: Peter Baeck, Liam Collins and Stian Westlake, Crowding in: How the UK’s businesses, charities
government and financial system can make the most of crowdfunding, Nesta, December 2012

3. Crowdfunding
types
Source: crowdsourcing.org

4. Crowdfunding statistics
Source: crowdsourcing.org

5. More than 450 CFPs are active worldwide; the
majority based in North America and Europe
Most of these are reward based (43% in 2011)
Source: crowdsourcing.org,Crowdfunding industry report, 2012

6. Source: Peter Baeck, Liam Collins and Stian Westlake, Crowding in: How the UK’s businesses, charities
government and financial system can make the most of crowdfunding, Nesta, December 2012

7. Can we “unlock” private
capital for investments into
renewable energy projects?

8. € 1.3 million in 13 hours by selling
6.648 shares to 1700 Dutch
households

9. Equity based model
https://www.abundancegeneration.com/

10. Donation based model
http://www.solarschools.org.uk/

11. Reward based model
http://www.indiegogo.com/projects/energy-independent-school

12. Elementary school with the most beautiful garden in Croatia

13. During a lecture on renewable energy and energy efficiency

14. The student cooperative produces and sells olive oil ...

16. Specifics of energy crowdfunding
-
requires an investment or loan based model
-
local community involvement (energy cooperatives)
-
legal adjustments needed

17. Thank you !
Mak Đukan
Renewable energy cooperatives project
UNDP Croatia
mak.dukan@undp.org
+385 98 9828 374