the dartmouth green revolving fund

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The Dartmouth Revolving Green Fund An innovative approach to funding sustainable initiatives at Dartmouth Joe Indvik ‘10 and Bari Wien ’10 Contact: [email protected]

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An innovative approach for funding sustainable initiatives at Dartmouth. Presented to Matariki Network of Universities Conference in Kingstron, Ontario November 2010.

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Page 1: The Dartmouth Green Revolving Fund

The Dartmouth Revolving Green Fund

An innovative approach to funding sustainable initiatives at

DartmouthJoe Indvik ‘10 and Bari Wien ’10Contact: [email protected]

Page 2: The Dartmouth Green Revolving Fund

Participatory Sustainability Education

Social/Cultural

Physical

Educational

Contextualize

Compare

Critique

Goal

Proposal

College Experiences Introspection Participation

Implementation

School becomes a living laboratory for systems-thinking, problem analysis, and policy formation.

ENVS 50: Culminating Experience for Environmental Studies Majors

Page 3: The Dartmouth Green Revolving Fund

The Model Applied

Problem: Reliance on carbon-intensive fuels

Goals• First-order change: Fewer operational emissions• Second-order change: Systematic rethinking of priorities, behavior, and infrastructure

Barriers• Perceived and actual financial limitations• Perrin’s Law

Solution• Clean energy financing mechanism that provides measurable benefits, cost-savings, and community engagement

ENVS 50, Spring 2010

Page 4: The Dartmouth Green Revolving Fund

Dartmouth Revolving Green Fund

Dartmouth Revolving

Green Fund

Community

Fund

Community Projects

Criteria• Payback in 5 years or less• Quantifiable environmental benefits• Exclusively funds FO&M projects

Criteria• Engage community members• Educational, cultural, or behavioral benefits• Don’t need to pay back

Efficiency and Renewable Energy Projects

Page 5: The Dartmouth Green Revolving Fund

Dartmouth Revolving Green Fund

Beginning with $900,000, the fund could finance $2.5 million worth of projects in the first four years.

Page 6: The Dartmouth Green Revolving Fund

Generic University Hierarchy

Administration

Student Body

Student Groups

Faculty

StaffPower to influence

policy

Page 7: The Dartmouth Green Revolving Fund

GRFs Flatten the Hierarchy

Administration

Student Body

Student Groups

FacultyStaffDartmouth Revolving

Green Fund

Interaction and

Engagement