Green Revolving Fund


While the Ontario government is under pressure to reduce both energy demand and its $9.8 billion budget deficit, Ontario hospitals have few revenue options available to them as they face their own budgetary challenges. Significant cost savings can be realized in Ontario hospitals through investment in energy efficiency projects, however, barriers such as ‘access to capital’ exist.  The Health Care Green Revolving Fund prioritizes energy efficiency in both hospitals and the province, surmounting financial barriers, easing budgetary pressures and providing a source of long term cost savings, energy reductions and GHG emissions reduction.