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A NEW SCHEME AIMS TO GIVE LOCALS A RETURN ON INVESTMENT THAT IS HIGHER THAN THE INTEREST RATE ON THE POPULAR FRENCH ‘LIVRET A’ SAVINGS ACCOUNT, THROUGH ENERGY SALES The city of Lyon is

inviting residents to invest in solar panels on 12 public buildings, which it says will give them a return on their investment more profitable than that from France’s popular ‘Livret A’

savings accounts. The mayoral office has offered residents 12 roofs and invited willing investors and locals to help finance and build the project. Mayoral deputy for ecology, Sylvain

Godineau, said that the scheme could have an educational interest as well as an environmental one. He told _FranceInfo_: "These solar roofs will allow us to do educational workshops, to

explain to children. It also gives parents the opportunity to invest in the roof if they like the project. It creates a direct link between a child, their family, and the school they go to

every day.” The scheme will rent the roofs to individual or collective investors. They will receive a return on their investment via the sale of the energy produced. Mr Godineau said that

the scheme would be a sort of "citizen investment" that would be “slightly more profitable investment than the Livret A these days”. > Rejoignez un projet de solaire citoyen ! 

> La Ville de Lyon met à disposition 12 toits de bâtiments pour > installer des centrales solaires financées par l'épargne > citoyenne. Accompagnés par @coopawatt, réalisez un 

investissement > local et éthique. https://t.co/9yVMoWG25r > pic.twitter.com/d2Z71d2ZjJ > — Ville de Lyon (@villedelyon) January 10, 2023 The regulated French Livret A savings

account will give an interest rate of 3% from February 1. READ MORE:THE TAX-FREE FRENCH SAVINGS ACCOUNT OPEN TO ALL WITH 3% INTEREST RATE Timothée Romier, from the Coopawatt association,

said that the initiative was “also a way to take more control over the environmental transition, and create a new link between the production of renewable energy and master its production

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