7 Oct 2008

An investment as safe as green houses

At the last Green Drinks in Fremantle I promised Alex from Greenedge Ethical Investments Limited that I would put it on the blog if he sends me some information about their mission so here is his story:

I think most of us would agree that ecovillages can provide solutions to many of our current problems. They develop community, foster energy efficiency, support organic farming, reduced car dependence and a whole heap of other things that most of us know we need to start doing more and more.

Ecovillages around the world have frequently resulted from a struggle between a group of passionate individuals and an entrenched planning and financial system that doesn't understand them. All too often, once the ecovillage is up and running, these passionate individuals are exhausted and/or have run out of money and there's no way that that they ever want to do it again.

The Greenedge Group was founded with the aim of breaking this cycle and getting as many ecovillages built as possible. The founders have a unique mix of sustainability and community skills as well as an understanding of what makes the business world tick. Through their first ecovillage, SomerVille, they have learnt how to build and develop ecovillages and they now have three new projects lined up to invest in.
With the systems and skills now in place and four projects lined up, they are ready to raise the funds required to get more ecovillages on the ground. To do this they are listing on the stock exchange. The directors are truly impressive and include a few names that you may have heard: Peter Newman (founder of the CUSP Institute) and Dr David Wyatt (Chairman of Papyrus).

Having a company listed on the ASX will allow Greenedge to create a pool of money that really understands that sustainability can be profitable. It also allows everyone to invest in a company that is directly contributing to a more sustainable economy while earning competitive returns. With a minimum investment of $2000 it's also something that lots of us can afford to put some money into. The prospectus explains all the details of the investment and will be ready this week.

To find out more about the company or preregister for a prospectus, you can check out the website. If you'd like to speak to a real person you can also contact Alex Hyndman on 9572 3672

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