Investing IN Change

Innovating finance to crowdsource solar power


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SDG #7: Affordable and clean energy. Increasing the use of renewables for electricity generation is key to curbing carbon emissions, which is essential for fighting climate change. At Nashville-based Clearloop, founders Phil Bredesen, Tennessee’s former governor, and Laura Zapata have taken a creative approach. The company sells carbon offsets to companies and uses the proceeds to fund renewable energy projects in areas of the country without the inherent impetus to do so. Economic development officials in Jackson, Tennessee, the site of the Clearloop’s first solar project, tell Liz and Steve how the prospect of that new electricity source is helping that town attract employers that have clean energy mandates.
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Investing IN ChangeBy InvestmentNews

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