Potential Funding in Ireland


The funding landscape in Ireland is challenging at present for community groups looking to develop community renewable energy products. However, this being said, there are still a range of different funding options which may be worth considering. Below are examples of funding sources for community groups such as the Better Energy Communities programme (which is administered by the SEAI), the LEADER programme and various social finance providers (Clann Credo and Western Development Commission). Clár ICH have created a toolkit (please see below) to assist community groups in applying for funding. Through the RECENT project, we work with all kinds of community groups and we would be delighted to assist you with your funding applications. Below are examples of funding sources for community groups such as the Better Energy Communities programme (which is administered by the SEAI), the LEADER programme and various social finance providers (Clann Credo and Western Development Commission). Clár ICH have created a toolkit (please see below) to assist community groups in applying for funding. Through the RECENT project, we work with all kinds of community groups and we would be delighted to assist you with your funding applications.


Better Energy Communities Programme


The Better Energy Communities is Irelandâs national retrofit initiative aimed at upgrading building stock and facilities to ambitious standards of energy efficiency and renewable energy usage, thereby reducing fossil fuel usage, energy costs and greenhouse gas emissions. Better Energy is Irelandâs national retrofit initiative aimed at upgrading building stock and facilities to high standards of energy efficiency and renewable energy usage, thereby reducing fossil fuel usage, energy costs and greenhouse gas emissions.


LEADER


Since its launch in 1991, LEADER has provided rural communities, across the EU, with the resources to enable local partners to actively engage and direct the local development of their area, through a community-led local development (CLLD).LEADER is a French acronym (Liaison Entre Actions de Développement de econo-mies Rurale), which roughly translates as âLiaison among Actors in Rural Economic Development.â Decisions on LEADER funding are made at a local level by a Local Action Group (LAG), through the framework of a Local Development Strategy (LDS). A LAG is made up of people from the local community as well as from the local public and private sector. The LDS is a plan that is developed by rural communities to support sustainable development of their sub-regional area.

Social Finance

Social finance involves the provision of repayable loan finance at affordable rates to community-based projects and local development initiatives (including individual and community micro-enterprise), which yield a social and financial return.
Social Finance is repayable loan finance provided by socially minded investors. When providing social finance, the key consideration is social outcome and repayment capacity