Green Revolving Funds
by William Achnitz III on Mar 18, 2015 | Views: 218 | Score: 0
Number of Green Revolving Funds
Sources: aashe.org, greenbillion.org
With a median return on investment of 28 percent, green revolving funds (GRFs) are becoming more and more commonplace in the realm of higher education. In total, as of 2012, 80 institutions have invested over $100 million in energy efficiency and other sustainability-related projects. Also, with organizations such as the Sustainable Endowments Institute promoting GRFs with its Billion Dollar Green Challenge, this line should only continue to trend upwards.
That's awesome! I'd never heard of GRFs before.
One of the most cited barriers to implementing energy efficiency measures is lack of funding. GRFs are great mechanisms to ensure that there is capital always available.
It's heartening to see more investments in green tech. It will take more socially conscious investors with an eye towards the long term to really get the green revolution off the ground.