Crowdfunding is where several individuals contribute small sums of money in order to fund a project. Given the low risk that each person takes on, crowdfunding can be an innovative financing tool, including for local renewable energy (RE) projects [1]. They can also help involve the local community in various ways, increasing buy-in and ensuring the long-term sustainability of the project [2]. This solution addresses the use of crowdfunding for the local energy transition, and how local and regional governments (LRGs) can take advantage of it while protecting the best interests of their communities.
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