Environmental Finance Program

The information, letters, advisories, reports and recommendations listed on these pages are the products of the Environmental Financial Advisory Board, an independent board created under the Federal Advisory Committee Act, to provide independent advice and recommendations on the subject of environmental finance to the EPA Administrator. These papers reflect opinions and views of the independent EFAB, and not necessarily the views or opinions of the US EPA or any other government agency.

You will need Adobe Reader to view some of the files on this page. See EPA's PDF page to learn more.

• Publications from 2002 and Older

2008 Publications

June

• EFAB's Spring 2008 Meeting Summary (PDF) (34 pp, 169KB)
• EFAB's Spring 2008 Meeting Agenda (PDF) (2 pp, 19KB)

April

• EFAB Reports
  • EFAB - Environmental Management Systems and the Use of Corporate Environmental Information by the Financial Community (PDF) (42 pp, 2055K)
  • EFAB - Public Private Partnerships in the Provision of Water and Wastewater Services: Barriers and Incentives (PDF) (55 pp, 1560K)

2007 Publications

• December
  
  • SmartWay Transport Program
    • Official letter to the EPA Administrator (PDF)(12 pp, 146K)
      
• August
  
  • EFAB Comments on EPA's Combined Sewer Overflows Document
    
    • Cover Letter to the Combined Sewer Overflow Report (PDF)(2 pp, 416K)
    • EFAB's Report:Combined Sewer Overflows - Guidance for Financial Capability Assessment and Schedule Development (PDF)(8 pp, 1738K)
    • EPA Response to EFAB's Comments (PDF)(1 pp, 41K)
      
  • Summary of Environmental Financial Advisory Board Meeting
    The Use of Corporate Environmental Information in Financial Decisions (PDF)(31 pp, 181K)
    held June 12, 2007 in Arlington, VA
  
  
  • Summary of Environmental Advisory Finance Board's Spring 2007 Meeting (PDF)(27 pp, 202K)
    held March 19-20, 2007
    in Atlanta, GA
  
  
• May
  EFAB Supports EPA's Private Activity Bond Initiative (PDF)(2 pp, 382K)


• March
  EFAB Report: The Use of Captive Insurance as a Financial Assurance Tool in Office of Solid Waste and Emergency Response Programs
  • Official letter to the EPA Administrator (PDF)(3 pp, 286K)
  • EFAB Report: Use of Captive Insurance as a Financial Assurance Tool (PDF)(8 pp, 42K)
  
  
• February
  
  • EFAB's Strategic Action Agenda Fiscal Years 2006-2007 (PDF)(6 pp, 49K)
    
  
  
  • Sustainable Finance for Watersheds - Publications Now Available
    
    • Official letter to the EPA Administrator (PDF)(2 pp, 385K)
    • EFAB report on sustainable financing for watersheds (PDF)(23 pp, 162K)
  
  
• January
  EFAB Report: Expanding the Definition of State Revolving Fund Financial Assistance
  
  • Official letter to the EPA Administrator (PDF)(17 pp, 17K)
  • Report on expanding the definition of SRF financial assistance (PDF)(4 pp, 34K)
  • Proposed language change for CWF and DWF Regulation Amendments (PDF)(6 pp, 58K)
  • SRF revised model cash flow chart(2 pp, 9K)

2006 Publications

• November
  
  • Responses from the Office of Water
    Assistant Administrator, Benjamin H. Grumbles responds to recent EFAB reports:
    • Issued October 16th, 2006:
      EPA response (PDF)(1 pp, 66K) to EFAB's report: Establishment of a New State Revolving Fund Loan Guaranty Program (PDF)(4 pp, 6712K)
      
      
    • Issued October 12, 2006:
      EPA response (PDF)(2 pp, 73K) to EFAB's report entitled, Application of Useful Life Financing to State Revolving Funds (PDF)(8 pp, 12643K)
  
  
  • October
    More Workshop Summaries
    
    • Sustainable Watershed Financing Roundtable
      Training Session Meeting Summary (PDF)(22 pp, 167K)
    • EFAB's March 7-8, 2006
      Meeting Summary (PDF)(32 pp, 239K)
    • EFAB's August 14-15, 2006
      Meeting Summary (PDF)(41 pp, 261K)
  
  
  • September
    Workshop Summary Now Available
    The Captive Insurance as a Financial Assurance Tool Workshop Summary (PDF)(28 pp, 202K) is currently available
  
  
  • July
    
    • The Combined Operations Workgroup Follows-up on the Clean Water and Drinking Water State Revolving Fund (SRF) - Members of the Combined Operations Workgroup within the Environmental Financial Advisory Board (EFAB), have followed-up on the EPA's response to their advisory paper on joint Clean Water and Drinking Water State Revolving Fund (SRF) (PDF)(4 pp, 6712K). It is now available for download.
      
      
    • EFAB Reports to the EPA About a New State Revolving Fund Loan Guaranty Program.
      The Environmental Finance Advisory Board's report to the EPA, "Establishment of a New State Revolving Fund Loan Guaranty Program" (PDF)(4 pp, 6712K) is now available.
    
    
    • EFAB Reports to the EPA Regarding State Revolving Funds
      The Environmental Finance Advisory Board's report to the EPA, "Application of Useful Life Financing to State Revolving Funds" (PDF)(8 pp, 12643K) is now available.
    
    
    • EPA's Response to Recent EFAB Report
      The EPA has responded to the Environmental Finance Advisory Board's report on "Affordable Rate Design for Households."
      • Letter from Assistant Administrator Benjamin H. Grumbles (PDF)(2 pp, 374K)
      
      
      • EFAB's letter to the EPA (PDF)(4 pp, 4928K) commending Maryland's Bay Restoration Fund Act
      
      
      • EFAB's cover letter and report to the EPA (PDF)( 9pp, 3868K) regarding Affordability Rate Design for Households. As stated by the cover letter, "this report provides an option that addresses the 'how to pay' challenge of providing sustainable water and wastewater services."
      • EFAB's report to the EPA (PDF)(7 pp, 398K) regarding the use of the financial test and corporate guarantees to meet financial assurance requirements under RCRA program, and EPA's response to those findings (PDF)(2 pp, 2772K)
      
      

  2005 Publications

• EFAB's Strategic Action Agenda, Fiscal Years 2005-2006


• EPA's response to EFAB's "Combined Operations of the Clean Water and Drinking Water State Revolving Loan Funds:"
  • Cover letter (PDF)(1 pp, 11K)
  • White Paper (PDF)(7 pp, 28K)
  
  
• The Environmental Finance Advisory Board's Strategic Action Agenda, Fiscal Years 2005-2006 (PDF)(4 pp, 26K)



• The Environmental Protection Agency's Office of Water's response (PDF)(4 pp, 18K) and the Environmental Protection Agency's Office of Solid Waste and Emergency Response's response (PDF)(1 pp, 21K) to the Environmental Finance Advisory Board's letter report "Application of Innovative Finance Techniques in the Transportation Infrastructure & Financial Innovation Act of 1998," (PDF)(6 pp, 36K) to Stephen L. Johnson, Acting Administrator, are now available online.


• The Environmental Financial Advisory Board's March 2005 Newsletter (PDF)(4 pp, 138K) is now available online. EFAB Newsletters are meant to provide the public with updates on the progress of the Board with its projects and Strategic Action Agenda. 


• The Environmental Protection Agency's response (PDF)(4 pp, 19K) to the Environmental Finance Advisory Board's "Useful Life Financing of Environmental Facilities Letter and Enclosure:"
  
  • Cover letter (PDF)(1 pp, 27K)
  • White Paper (PDF)(11 pp, 50K)
  
  
• Environmental Finance Advisory Board's
  • Innovations in Watershed Financing Letter Report (PDF)(3 pp, 28K)
  • EPA's response (PDF)(3 pp, 17K)
  
  
• Presentations from the Environmental Financial Advisory Board's August 2004 workshop on affordability


• Environmental Financial Advisory Board Fact Sheet (PDF)(1 pp, 28K)
• Environmental Financial Advisory Board Brochure (PDF)(2 pp, 145K)



2004 Publications


Publications from 2004 to come.


2003 Publications

• The Environmental Financial Advisory Board's winter 2003 full Board meeting, March 4-5, 2003, minutes (PDF)(6 pp, 52K) are now available online. (July 2003)


• EFAB's Protecting America's Land Legacy: Stewardship Policies, Tools, and Incentives to Protect and Restore America's Land Legacy(PDF)(29 pp, 154K) are now available online. (February 2003)

EFAB Strategic Action Agenda:

• Fiscal Years 2008-2009 (PDF)(5 pp, 106K)
• Fiscal Years 2007-2008 (PDF)(6 pp, 49K)
• Fiscal Years 2005-2006 (PDF)(4 pp, 26K)
• Fiscal Years 2004-2005 (PDF)(5 pp, 163K)
• Fiscal Years 2003-2004 (PDF)(7 pp, 30K)
• Fiscal Years 2002-2003 (PDF)(9 pp, 28K)
• Fiscal Years 2001-2002 (PDF)(10 pp, 28K)
• Fiscal Years 2000-2001
• Fiscal Years 1999-2000

Download the EFAB Brochure