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Tags: University of Edinburgh | divestment | fossil fuel | financial resilience
The Sustainable Campus Fund is an internal investment vehicle that finances energy efficiency and renewables projects on campus.
£4.75m will be invested over five years, in innovative projects that provide a sound financial return, carbon savings and the potential for scalability. £1.25m of projects were funded in the first two years, which yielded financial savings of £370,000/year and carbon savings of 1300tCO2e/year. Approved projects have an average ROI of 288% and a combined payback of 3.9 years. The strong financial performance of this innovative funding model has attracted the attention of other public sector institutions and support from funding bodies (10).
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