Since 2009, the Jessie Ball duPont Fund has been helping the small, independent liberal arts colleges eligible for its support to find creative ways to conserve energy, reduce their carbon footprint and lower operating costs.
While there are many relatively low-cost strategies to help reduce energy consumption, achieving significant long-term reductions often involves substantial up-front investments.
In late 2012, the Jessie Ball duPont Fund launched Phase II of its energy conservation initiative, helping college and university leaders find sustainable ways of financing larger investments in energy operations on campus.
For this work, the Fund partnered with the University of North Carolina’s Environmental Finance Center, which works to bring financial expertise to the challenge of addressing environmental issues. The center’s staff works with governments and organizations to help them address environmental concerns in fair, effective and financially sustainable ways.
As a result of that partnership, the Jessie ball duPont Fund is releasing a new publication – Financing Sustainable Energy Projects at Small Liberal Arts Colleges – intended to help these leaders think about creative ways to finance energy conservation initiatives. The publication provides expert guidance from the staff at the Environmental Finance Center at the University of North Carolina at Chapel Hill. It also features reports on two small colleges that are tackling energy conservation efforts.