OA2020-DE – What to do with funds after subscriptions with Elsevier are cancelled? | National Contact Point Open Access

"At the start of 2017, fifty German universities and libraries cancelled their license agreements with Elsevier, and a further 90 or so have announced that they, too, will let their agreements expire at the end of 2017. As allotted funds in subscription budgets must be employed or lost, many librarians in Germany are faced with the decision of how best to use the monies liberated from their Elsevier deals.

OA2020-DE, the German constituency of the Open Access 2020 Initiative, proposes that institutions seize the funds that were destined to Elsevier renewals and reinvest them, at least in part, in publishing initiatives that support the open access transformation. ..."