WPI's Green Revolving Fund (GRF) Community Initiative
The GRF Community Initiative - Overview
The Office of Sustainability, the Sustainability Advisory Committee, and the Green Revolving Fund Working Group are soliciting applications for the WPI’s GRF Community Initiative. This is an exciting opportunity for members of our WPI community to contribute to and engage in making WPI a more sustainable campus. The GRF Community Initiative is a component of WPI’s Green Revolving Fund (GRF), which is described in more detail below. The important aspects of the GRF Community Initiative are as follows:
- The GRF Community Initiative provides $30000 annually to support WPI on-campus projects. It is anticipated that the $30,000 will support up to 3 projects, although this may vary from year to year.
- The Community Initiative was established to specifically engage students and staff to consider sustainability-themed projects on the WPI campus that will reduce our carbon footprint on campus and also generate cost savings.
- The GRF and the GRF Community Initiative are promoted and supported in conjunction with the GRF Working Group, which supports WPI’s Sustainability Advisory Committee.
- The GRF Community Initiative is a component of the WPI Green Revolving Fund, which promotes sustainable projects on the WPI Campus.
Background - WPI’s Green Revolving Fund (GRF)
- WPI’s GRF supports sustainability projects that will generate financial returns, reduce environmental impact or carbon emissions, enhance the academic climate, and engage the WPI community.
- This fund was initiated in 2017 with an initial allocation of $1.5 million ($500,000 over the first three years of the fund). Savings resulting from these projects are returned to the Green Revolving Fund, ensuring its sustainability.
- We are currently in our second year. WPI is contributing $1,000K over the next two years to on-campus projects that will result in energy efficiencies and other resource savings.
- The GRF is coordinated by the GRF Working Group in conjunction with the Sustainability Advisory Committee
Applying to the GRF Community Initiative
The application form is currently closed. The timeline for this fund is defined below:
- Phase 1: Concept. This application phase will provide a general outline of the on-campus/facilities project concept, and applications will be accepted through A Term. The GRF Subcommittee, a subcommittee that supports the Sustainability Advisory Committee reviews all proposals.
- Phase 2: Detailed Proposal. Any concept application that has been approved by the GRF Subcommittee will move to the Detailed Proposal Phase, which will include more detailed cost and implementation plan information. Completion of this proposal phase will be required by the end of the 4th week in B Term (November 14th).
- Phase 3: Proposal Review and Approval. The GRF Subcommittee will review these proposals, and will provide recommendations to the Sustainability Advisory Committee. Cost savings and positive sustainability impacts (e.g. reductions in energy use, greenhouse gas generation, and waste generation) are important considerations in the review.
- Phase 4: Implementation. The GRF Subcommittee will work in collaboration with WPI’s facilities Department to finalize the implementation schedule and will final approvals before the start of C Term.
Questions / More Information
Questions are welcome. Please send an email to email@example.com if you'd like any further information.