The funds operate and are managed by the university, with loans issued to university departments or campus groups.
Revolving Loan Funds
Greening the Bottom Line reports on a green revolving fund's formation, operation, and financial performance. The report was written with the explicit purpose to provide a baseline for tracking the continuing emergence of green revolving funds in higher education to act and to act as a resource for institutions interested in establishing their own. Green revolving funds can invest in a wide variety of projects and have supported projects that impact a university's carbon footprint or local environment.
Examples of these projects include: installing technology that conserves water and electricity; improving campus recycling rates; instituting a campus composting program; increasing campus waste diversion from landfills; replacing a fuel source e. Their goals are to reduce resources and save money.
Efficiency funds tend to require a relatively short payback period and are typically not used to engage the broader campus community. Innovation and engagement funds explicitly seek community engagement in project proposals. The projects it funds may have short paybacks, long paybacks, or no payback requirements.
The revolving door: why politicians become lobbyists, and lobbyists become politicians
Innovation funds often provide loans that require repayment for projects that will result in operational savings, and they use these returns to subsidize grants for projects that will not result in cost savings. Hybrid funds target resource reduction and cost saving, but also consider community engagement and outreach goals. The majority of funds follow this model.
They finance efficiency projects in addition to a wider range of initiatives such as renewable energy development, solid waste diversion, and reducing use of materials like paper or synthetic lawn chemicals. A broad set of campus stakeholder groups tend to provide oversight to hybrid funds while they are administered by facilities or sustainability staff.
Green revolving funds can impact many aspects of an institution's daily operations. They can be used to:. Green revolving funds on the college and university level report a high return on investment.
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Schools with green revolving funds report an average project payback periods ranging from 1 year to 10 years, with a median of 4 years. Dieboldt, A. Weisbord, D. Flynn, E. So, will you live life as a pauper or become a millionaire? System Requirements Windows. See all. View all. Click here to see them. Customer reviews. Overall Reviews:. Recent Reviews:. Review Type. Date Range.
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Gulf Money Makes U.N. Revolving Door Spin
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