This Canadian site lets anyone be a cleantech investor

Categories: News
Published on: June 19, 2017

FastCompany / Ben Schiller / 13 June 2017

On CoPower, an investment platform for renewable energy and energy efficiency projects, you don’t have to make concessions between decent financial returns and decent environmental impact (as is often the case elsewhere). If you’re willing to put up at least $5,000, you’re promised 5% a year over five years, and your money goes to solar farms, geothermal installations, and building retrofits.

The only catch: Currently, you need to be a Canadian citizen to access the site.

For everyday investors wanting to put their money into social and environmentally themed projects, Canada offers better options than the U.S. does at the moment (along with universal healthcare, a lower drinking age, and soon, legal marijuana). Since it relaxed its financial regulations last year, Canada allows ordinary “non-accredited investors” to make direct investments online in private projects.

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