Blue Mountains City Council Wins National Climate Award
Blue Mountains City Council’s Carbon Revolving Reserve project has won the national Cities Power Partnership’s Project Financing Innovation Award.
The Carbon Revolving Reserve project was selected from a competitive field of entries from councils across Australia.
The national awards recognise outstanding achievement by local governments in the fields of renewable energy, sustainable transport, energy efficiency, community engagement and climate advocacy.
Blue Mountains Mayor Mark Greenhill said: “The Carbon Revolving Reserve provides a long-term self-sustaining funding source that enables Council to make long term plans for energy efficiency and renewable energy, and show real leadership to our community.”
Since its inception the reserve has helped commit $1.7 million dollars to energy efficiency and renewable energy projects and will deliver combined annual savings of $300,000.
The Carbon Revolving Reserve has also attracted about $300,000 of grant and co-funding to date and will enable a further $1.5 million of investment over the next 5 years.
The Carbon Revolving Reserve has funded projects that include an upgrade of inefficient lighting to LED across Council’s asset portfolio, 52% of all public street lighting converted to LED, and the installation of about 290 kilowatt of rooftop solar across five key sites.
“The Carbon Revolving Reserve has been instrumental in achieving our 20% absolute reduction target, 3 years ahead of schedule. As a result, Council have now committed to a stretch target of 30% absolute reduction,” Mayor Greenhill said.
The Cities Power Partnership is Australia’s largest local government climate network, made up of over 100 councils from across the country, representing almost 11 million Australians.
Winners were announced at the Cities Power Partnership's second birthday celebration at Customs House Sydney.
Pic: Council’s Waste & Sustainability team Jo-Anne Allan, Rebecca Tempest and Rob Morrison, Deputy Mayor Chris Van der Kley, Culture & Community Services Director Kirrilly Twomey and Councillor Brent Hoare with the Cities Power Partnership Project Financing Innovation Award.