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Energy Efficiency Revolving Fund Carlos Rymer Tania Prado.

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Presentation on theme: "Energy Efficiency Revolving Fund Carlos Rymer Tania Prado."— Presentation transcript:

1 Energy Efficiency Revolving Fund Carlos Rymer Tania Prado

2 General Concept A revolving fund is a fixed investment made that generates more funds to be reinvested or used in other projects. A revolving fund is a fixed investment made that generates more funds to be reinvested or used in other projects. Similar to endowments, they provide a steady flow of secure financial resources that, over time, generate more funds than the initial investment. Similar to endowments, they provide a steady flow of secure financial resources that, over time, generate more funds than the initial investment.

3 Visual Description Initial Investment in Energy Efficiency Project(s) Savings Accrued To Form an Energy Efficiency Fund Fund Used to Invest in Other Projects +

4 Case Studies: Local Level Macalester College has a Clean Energy Revolving Fund (started in 2006). The Student Government invested $27,000 in a wind energy project that will generate revenues to be invested in more projects. Macalester College has a Clean Energy Revolving Fund (started in 2006). The Student Government invested $27,000 in a wind energy project that will generate revenues to be invested in more projects. Harvard has a Green Campus Loan Fund (started in 2002) worth $3 million. It provides zero-interest loans to projects with payback periods of 5 years or less. In the first year, the fund saved the University $900,000. Harvard has a Green Campus Loan Fund (started in 2002) worth $3 million. It provides zero-interest loans to projects with payback periods of 5 years or less. In the first year, the fund saved the University $900,000.

5 Case Study: International Level The Clinton Climate Initiative has partnered with several banks worldwide to provide the 40 largest cities in the world billions of dollars in loans for energy efficiency projects. The Clinton Climate Initiative has partnered with several banks worldwide to provide the 40 largest cities in the world billions of dollars in loans for energy efficiency projects. The savings will be used to pay back the banks, including their interests. Cities will benefit with 20-50% energy reduction costs in buildings. The savings will be used to pay back the banks, including their interests. Cities will benefit with 20-50% energy reduction costs in buildings.

6 Potential Campus Project Last semester (Spring 2007), the student organization KyotoNOW! received $10,000 to be invested in some green project. Last semester (Spring 2007), the student organization KyotoNOW! received $10,000 to be invested in some green project. The $10,000 can be invested in making buildings on campus more energy efficient. The $10,000 can be invested in making buildings on campus more energy efficient. The savings from the project would be used to fund more energy efficiency on campus. The savings from the project would be used to fund more energy efficiency on campus.

7 Questions? Comments?


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