October 30, 2012 Greening the Bottom Line 2012 reports on the growing field of green revolving funds (GRFs) and their environmental and financial impact on college and university campuses. Though many of these GRFs are young- there have been 36 new funds created since 2010- their portfolios have already begun to post impressive returns, with a median reported return on investment of 28 percent. Collectively, these funds have committed over $111 million to energy and resource-use reduction projects. Read more here.
October 25, 2012 Many institutions with green revolving funds (GRFs) use Excel spreadsheets to track savings, while others don’t have the ability to track data after project installation. The Sustainable Endowments Institute has created the Green Revolving Investment Tracking System (GRITS) Beta, an online web tool that allows you to track all improvements achieved by your GRF: savings […]
July 11, 2012 Joe Indvik, co-founder of Dartmouth College’s Green Revolving Fund and consultant with ICF International, outlines the nine rules that student leaders must follow as they launch their own GRF. Read about his experience at Dartmouth and his recommendations here.
May 29, 2012 Mitchell Thomashow, Director of the Second Nature Presidential Fellows Program, reflects on the “extraordinary gathering of participants” at the recent Financing the Future of Energy Efficiency Summit, held on the Harvard Campus this past May. Read his full post and his thoughts on the significance of the green revolving fund model here.
January 30, 2012 In “To Revolve or Not to Revolve?” Joe Indvik, former consultant of Dartmouth College’s Green Revolving Fund, explores the reasons why a growing number of institutions are seeking the green revolving fund model to fund cleantech investments on their campus. Indvik cites the motivating factors of GRFs’ dynamic ROIs, the opportunity for infinite scalability of achievable projects, and something that he calls the “sizzle” factor. Read more.
January 19, 2012 On Friday, January 27 from 2:30-3:30pm SEI, in partnership with the VEIC, will be hosting a webinar on GRF Accounting/Financing. Attendees will hear from accounting and finance representatives from the green revolving funds at Caltech, UNH, and Harvard.
October 11, 2011 The Billion Dollar Green Challenge was launched today at the AASHE 2011 conference. The Challenge invites colleges to invest a total of one billion dollars in self-managed green revolving funds that finance energy efficiency upgrades.
October 10, 2011 Earlier in 2011, the U.S. Environmental Protection Agency (EPA) hosted a webinar on Greening the Bottom Line: How Campus Green Revolving Funds Are Saving Energy and Money. Learn more.
