1. Project Definition: Subsidies/grants/donations, crowdfunding (E/R*), direct lending combined with governmental guarantee, governmental lease.
  2. Exploration: Subsidies/grants/donations, crowdfunding (E/R*), direct lending combined with governmental guarantee, governmental lease.
  3. Drilling:
    a) First Well: Subsidies/grants, crowdfunding (E/(L)/R*), governmental lease, direct lending combined with governmental guarantee, green bond, regular loan, regular bond, equity.
    b) Resource:  Development: Crowdfunding ((E)/L/R*), governmental lease, direct lending, green bond, regular loan, regular bond, equity.
  4. Construction: Crowdfunding (L/R*), direct lending, leasing
  5. Operation: Crowdfunding (L/R*), direct lending, leasing
  6. Decomissioning & Post closure: Retained profits, governmental funds