Green Revolving Funds

A Green Revolving Fund (GRF) is an internal capital pool that is dedicated to funding energy efficiency, renewable energy, and/or sustainability projects that generate cost savings. A portion of those savings are then used to replenish the fund (i.e. revolved) allowing for reinvestment in future projects of similar value. This establishes an ongoing funding vehicle that helps drive energy efficiency and sustainability over time, while generating cost savings and ensuring capital is available for important projects.

The GRF model has gained increasing traction within the higher education sector. Other sectors including healthcare, municipalities, and retail all see the benefits of this innovative funding model and are seeking similar outcomes. This toolkit provides cross-sector guidance on establishing this customizable solution to overcome the common barrier of dedicated funding.