Blue Planet Foundation
A grant from the Cooke Foundation helped the Blue Planet Foundation with its mission to establish paths for clean energy in Hawaii through its WEfficiency program. WEfficiency is a unique crowdfunding campaign designed to support nonprofits to install energy-efficient equipment; the savings they realize from the new equipment is then used to pay back their funders, who “recycle” the funds to support other nonprofits.
Since May 2014, the Blue Planet Foundation has helped six nonprofit projects, including five LED lighting upgrades and one heating, ventilation, and air conditioning (HVAC) project, worth over $400,000 in crowdfunded contributions. Blue Planet Foundation estimates that, over the next ten years, the energy efficiency upgrades will result in $1,226,968 in nonprofit energy savings, prevent 212,669 gallons of oil from being imported to Hawaii, and avoid 5,086,584 pounds of CO2 from being released into the air.
More About Blue Planet