Sustainability Revolving Funds (SRF), under similar names, have been established at a growing number of colleges, universities, hospitals, and other institutions over the last decade. Their popularity is due to the tangible success they have in cutting operational costs while reducing resource consumption. The education of sustainable practices and project design that these funds provide ultimately supports the development of a culture of holistic sustainability at institutions that establish them.
Sustainability revolving funds operate through a policy that deposits the savings from completed resource efficiency projects back into the Revolving Fund, so that funding will always be available for completing these types of projects moving forward. This unique type of investment is a financing method for efficiency projects that are not always priorities for facilities upgrades.
Through Connecticut College’s SRF, campus community members will have the support they need to bring sustainable project ideas to the table. The projects may minimize use of electric, gas, water, waste, human and/or natural resources, promote renewable energy, or decrease greenhouse gas emissions, all while generating cost-savings for the College.