• Energy Research

The solutions to the grand challenges of sustainability, poverty, and health affecting the world will require education and capacity building for all individuals implementing change on a global scale. The challenge ahead is to reach those missed by traditional education and support networks. Online Learning and Massive Open Online Courses (MOOCs) have the potential to build knowledge and share best practice experiences among individuals worldwide. This paper examines the case of the FutureLearn Social Enterprise Program, a series of MOOCs with over 50,000 registered learners, of which 15% become active learners, engaging in online exercises, debates, and conversations. This paper draws on quantitative and qualitative data collected over four years. The findings show that the course has not only had an impact on the creation of new startup social enterprises, but it has also supported a large proportion of learners in developing sustainability and social entrepreneurial ideas within a range of organisations in the public, private, and civil society sectors. The findings also show a positive cascading impact effect from the learners registered on the course to those in their network, as ideas are shared, and learners become mentors to others. Our conclusions demonstrate how digital education and online courses contribute to global education for sustainable development and social enterprise development.

The need for a clear research and policy agenda to assist early stage Cleantech financing has never been greater. These businesses may hold important keys to unlocking vital globally game changing technologies to tackle climate change. The paper provides an overview of recent academic literature and proposes a research agenda for early stage Cleantech SME finance. With growing interest in how to support innovations that tackle the climate emergency, there is a need for evidence that can assist the private sector, civil society organizations and policymakers in finding more effective ways to encourage impact investing and other finance for early stage Cleantech SMEs. This research agenda will therefore contribute to sustainability transitions in key sectors and the development of a sustainable low carbon economy.

Rapid transformation to meet the Paris 1.5oC climate target requires greater attention to be given to the role of innovative low carbon early stage businesses and the public sector’s role in addressing finance gaps for longer horizon investment requirements. As entrepreneurs require different forms of finance as their businesses grow and move up the ‘finance escalator’, we explore the role of public sector support for grant, equity, debt and new forms of crowd funding finance. These funds can enable individual sustainability focussed businesses to access finance and encourage finance into new areas through having a demonstration effect. We conclude that a finance ecosystem approach is required that ensures complementary forms of finance for low carbon investment are connected at local, national and international scales, alongside support to build entrepreneurial skills and investment readiness. There is also a need for better evidence of the role of public sector support and where there is greatest impact on climate change.