February 26, 2013, 2:25 pm
A new database assembled by the Association for the Advancement of Sustainability in Higher Education and the?Sustainable Endowments Institute shows that 80 colleges have more than $118-million in revolving-loan money available for small?and sometimes large?projects aimed at improving energy efficiency on their campuses.
Amounts in the funds range from $13-million in the University of Vermont Energy Revolving Fund to $11,560 in the Bucknell University Green Fund.
?The revolving funds captured in this database provide great examples of?a sustainable technique for funding sustainability projects,? said the association?s executive director, Paul Rowland, in a written statement that also calls higher education ?a?leading sector for energy-efficiency investments.? The statement notes that the number of revolving funds has tripled since 2009.
This entry was posted in Getting and Spending. Bookmark the permalink.Source: http://chronicle.com/blogs/bottomline/revolving-loans-help-colleges-improve-sustainability/
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