Overall Rating | Silver |
---|---|
Overall Score | 61.50 |
Liaison | Jennifer Goree |
Submission Date | June 17, 2024 |
Clemson University
IN-40: Sustainability Projects Fund
Status | Score | Responsible Party |
---|---|---|
0.50 / 0.50 |
Snowil
Lopes Energy Engineer Energy Awareness |
Name of the institution’s sustainability projects fund:
Which of the following best describes the primary source of funding for the sustainability projects fund?:
Year the institution’s sustainability projects fund was established:
A brief description of the institution’s sustainability projects fund:
Sustainable Energy Funds (SEFs) are an accounting mechanism used to improve energy efficiency and reduce the carbon footprint of an institution. Many universities across the country have developed SEFs as a means to reduce energy consumption and help meet sustainability goals. Clemson would benefit from a SEF in the same way.
SEFs work by starting with some initial seed money, which is invested in efficiency projects such as lighting, HVAC, or control system improvements. The savings generated from these projects are routed back into the fund, creating a positive feedback loop. Because the fund continually grows, it is possible to complete ever-larger efficiency projects that will help Clemson meet its sustainability goals.
A brief description of the multi-stakeholder decision-making process used to determine which projects receive funding through the sustainability projects fund:
The Sustainable Energy Funds (SEFs) team will decide whether or not to fund the project based upon its potential to reduce energy consumption, and net a positive economic return for the University.
Further information on the process can be found at: SEF Process.pdf (clemson.edu).
Optional Fields
Additional documentation to support the submission:
Data source(s) and notes about the submission:
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