A new crowdfunding initiative is hoping to tap into a $6-trillion global education market to fund research, development, and deployment of renewable energy and cleantech solutions.
“Our plan is to invest in both energy and education,” The Race to 100% Renewable Energy project states. “Energy and education are the two most essential components of the modern economy. They’re both economic multipliers, so making investments to reduce the cost of energy, reduce pollution, and improve educational outcomes will help reduce poverty, and increase opportunities and economic growth.”
CleanTechnica reports that “this isn’t your average crowdfunding model, in which a single campaign is used to fund and launch a new product.” Instead, “by funding projects such as renewable energy, electric car sharing, energy-efficient housing, afforestation, public transit, sustainable agriculture and water initiatives, education, and other economy-boosting activities, the team aims to reduce the economic burdens of certain aspects of our modern industrial culture, such as air pollution and other externalities.”
(The campaign apparently includes hidden prizes and perks for readers who link to the crowdfunding site from the CleanTechnica report.)