Fidogreen, an Alternative to Esg Projects Was Launched

credit:

Italian crowdfunding site Ener2Crowd has just launched a new service called FidoGreen, which it says is the first "sustainable finance platform for sustainable investments," Quartz reports.

According to a press release, Ener2Crowd's goal is "to underline the profile of trust and collaboration that allows it to be established with alternative finance and with investors who care about the sustainability of our economy."

Companies can apply for funding on Ener2Crowd for projects that meet environmental, social, and health (ESG) criteria, and the amount of money that can be granted depends on the project's size, the duration of the relationship with investors, and how committed the company is to its ESG goals.

The interest that's offered on FidoGreen is linked to the interest that's offered on bank loans, Business Insider reports.

The interest that's offered on fixed-rate bank loans is linked to the interest that's offered on variable-rate bank loans.

The interest that's offered on fixed-rate bank loans is usually higher than the interest that's offered on variable-rate bank loans, Business Insider reports.

Ener2Crowd has more than 13,000 customers, Quartz reports.

Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Govt Launches Climaventures to 'Catalyse Capital' For Local Climate-Tech Startups

Climaventures aims to "catalyse capital" for local climate-tech startups.$50 million project unveiled in Islamabad designed to attract private investment in climate ventures.Pakistan listed among the...more

Africa's Impact Investing Revolution Drives Growth and Innovation

Africa is witnessing a transformative wave of impact investing and entrepreneurship, driven by innovative founders and supportive investors who believe in the continent's potential.The narrative of...more

Impact Investing: Tales From the Front Lines 2025 €“ Tokyo €“ Events

Impact Investing: Tales from the Front Lines 2025 is the first event of this series in Asia.The event will be in a mix of English and Japanese.The panel will feature investment management partner...more

Nigeria's $1Bn Wholesale Impact Investment Fund Excites Pfas

The Wholesale Impact Investment Fund (WIIF) aims to address the critical financing gap faced by Micro, Small, and Medium Enterprises (MSMEs) The WIIF is positioned to drive long-term economic growth,...more

Bridging the Health Gap: Strides in Financing Africa's Future

A resilient health system in Africa will require collaboration among governments, development agencies, private sectors, and local communities.Despite the rise of impact investing, only a small...more

Impact Report: Real Estate Funds At A Glance

Phenix Capital Group has released its latest Impact Report: Real Estate Funds at a Glance.The report highlights trends, growth, and sustainability goals within the real estate investment sector.The...more

Nuveen: Impact Investing Is A Flourishing Ecosystem

Impact investing is a flourishing ecosystem, says Nuveen.Only logged in subscribers of this site will be able to access the shared...more

Giin Report Highlights Institutional Asset Owners' Impact Approach

GIIN report highlights institutional asset owners' impact approach.SYPA's head of paid service, George Graham, recommended looking for returns where you wouldn't ordinarily expect to find...more

Esg Ratings Crucial For Private Investors' Decision-Making

Retail investors are influenced heavily by fund performance and ESG ratings, particularly star ratings.OSC report highlights the growing interest in ESG factors among retail investors, alongside...more

Ford Shuts Electric Truck Plant As Sales Slow

Ford Motor Company announced Thursday the closure of its Dearborn Michigan plant for the final six weeks of 2024.The move is the latest from Microsoft, which has backed carbon capture and other green...more