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Revolving Funds for Sustainability Projects at Airports.
| 题名： | Revolving Funds for Sustainability Projects at Airports. |
| 作者： | Klauber, A.; Schiller, C.; Cathcart, J.; Quebe, P.; Stephens, M.; Jones, B.; Orlowski, M.; Karp, A.; Cushine, K. |
| 关键词： | Airports, Revolving funds, Infrastructure, Cost reductions, Operational budgets |
| 摘要： | Airports continually balance demands to improve infrastructure with the realities of available budgets. Green revolving funds (GRFs) offer an alternative approach for investing in projects that generate operational savings. The fund works by tracking verified cost reductions from implemented actions, and then transferring those savings to a reserve that provides capital for future qualified projects such as energy system upgrades. These savings become a new resource that can reduce pressure on existing capital and operational budgets. A number of universities have managed GRFs for over a decade. Municipalities are starting to adopt them as well. Airports require a modified GRF approach because of financial structures, Federal Aviation Administration (FAA) regulatory requirements, airline agreements, and the wide range of tenant roles. This ACRP report provides guidance to determine whether this innovative funding approach is suitable for a particular airport and instructions on how to deploy it. Airports that have the ability and determination to launch a GRF will gain a robust method for advancing their sustainability goals. |
| 报告类型： | 科技报告 |
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