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ERIC Number: ED540311
Record Type: Non-Journal
Publication Date: 2012-Jan
Pages: 12
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: N/A
University of Colorado at Boulder: Energy and Climate Revolving Fund. Green Revolving Funds in Action: Case Study Series
Caine, Rebecca
Sustainable Endowments Institute (NJ1)
The University of Colorado at Boulder's student run Environmental Center leads the campus' sustainability efforts. The Center created the Energy and Climate Revolving Fund (ECRF) in 2007 to finance energy-efficiency upgrades. The ECRF functions as a source of funding for project loans and provides a method of financing projects that seeks to save the university money through reduced utility bills. The fund is primarily used in buildings that are managed by the student government, each of which has its own facility manager and budget. Once a facility has paid back the loan to ECRF, the subsequent savings on utility bills remains in that facility's budget, with the amount of money that is returned to the fund determined by the projected cost savings. As of 2010, the ECRF has been used to finance over 80 efficiency measures in three buildings and has provided a total of $379,600 toward projects that will decrease the university's greenhouse gas emissions. (Contains 9 endnotes.) [Contributions to writing was provided by Nathaniel Herz. Additional funding for this case study was provided by the David Rockefeller Fund, HOK, John Merck Fund, Merck Family Fund, Roy A. Hunt Foundation, U.S. EPA Green Power Partnership and Wallace Global Fund.]
Sustainable Endowments Institute. 45 Mount Auburn Street, Cambridge, MA 02138. Tel: 617-528-0010; e-mail: info@endowmentinstitute.org; Web site: http://www.greenbillion.org
Publication Type: Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: Kresge Foundation
Authoring Institution: Sustainable Endowments Institute
Identifiers - Location: Colorado