US: Billion dollar green challenge for campusesCampus Technology.
Green revolving funds are internal loans made to specific projects that later repay the money through utilities savings. As the loans are repaid, the money is then reinvested in other efficiency projects.
A founding circle of 32 institutions has already joined the challenge, launched publicly on Tuesday at the Association for the Advancement of Sustainability in Higher Education conference in Pittsburgh, PA, by committing more than US$65 million in self-managed funds.
Full report on the Campus Technology site