Energy efficiency projects can save colleges substantial capital, which helps them hedge against rising operating budgets. By creating a green revolving fund (GRF), a university can support sustainability projects into perpetuity. GRFs are internal financing mechanisms for energy efficiency and resource reduction projects that return achieved cost savings to the fund for future projects. This article illustrates the GRF establishment and management processes through case studies of Catawba College’s Green Revolving Fund and Denison University’s Green Hill Fund. The article further elaborates on additional GRF benefits and culminates with 10 easy-to-follow steps to creating a fund on your campus.
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