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Committee Detail

Note: An Annual Comprehensive Review, as required by §7 of the Federal Advisory Committee Act, is conducted each year on committee data entered for the previous fiscal year (referred to as the reporting year). The data for the reporting year is not considered verified until this review is complete and the data is moved to history for an agency/department. See the Data From Previous Years section at the bottom of this page for the committee’s historical, verified data.


EPA - 723 - Environmental Financial Advisory Board - Agency Authority
Hide Section - GENERAL INFORMATION

GENERAL INFORMATION

Committee NameEnvironmental Financial Advisory BoardAgency NameEnvironmental Protection Agency
Fiscal Year2020Committee Number723
Original Establishment Date2/12/1991Committee StatusChartered
Actual Termination Date Committee URLhttps://www.epa.gov/waterfinancecenter
New Committee This FYNoPresidential Appointments*No
Terminated This FYNoMax Number of Members*35
Current Charter Date4/18/2020Designated Fed Officer Position Title*Deputy Regional Administrator for USEPA Region 7
Date Of Renewal Charter4/18/2022Designated Federal Officer PrefixMr.
Projected Termination Date Designated Federal Officer First Name*Edward
Exempt From Renewal*NoDesignated Federal Officer Middle NameH
Specific Termination AuthorityDesignated Federal Officer Last Name*Chu
Establishment Authority*Agency AuthorityDesignated Federal Officer Suffix
Specific Establishment Authority*Agency Decision MemoDesignated Federal Officer Phone*(913) 551-7333
Effective Date Of Authority*2/12/1991Designated Federal Officer Fax*(913) 551-7976
Exempt From EO 13875 Discretionary CmteNot ApplicableDesignated Federal Officer Email*chu.ed@epa.gov
Committee Type*Continuing
Presidential*No
Committee Function*Non Scientific Program Advisory Board
Hide Section - RECOMMENDATION/JUSTIFICATIONS

RECOMMENDATION/JUSTIFICATIONS

Agency Recommendation*Continue
Legislation to Terminate RequiredNot Applicable
Legislation StatusNot Applicable
How does cmte accomplish its purpose?*The EFAB (Board) initiates and develops its work products in two ways. It may either receive charges from EPA on specific environmental financing issues identified by EPA offices or the Board members may independently identify important environmental financing issues that they believe the Agency needs to consider. The Board utilizes working groups to do preparatory work, including developing draft responses to Agency charges. These working groups include members of the Board and may also include additional experts as needed. Following the identification and adoption of work projects, the EFAB may hold public meetings, information gathering workshops, and/or working group sessions to develop advisories, reports, and/or letters to the Agency. The project working group produces a draft working group product (advisory, report, letter) for deliberation and disposition by the full Board. All EFAB advisory products are reviewed and approved by the full Board before transmittal to the Agency.
How is membership balanced?*The Board consists of representatives of non-federal interests, drawn from state and local governments, business (financial services) and industry, and local and national non-governmental organizations. The Board members have a diversity of backgrounds and perspectives required to address the wide variety of issues pertaining to environmental finance issues. The members also have geographic diversity to ensure the representation of regional perspectives. The Board may include, as needed, special government employee members who are appointed for their individual expertise. Nominees apply in response to solicitation information provided through a Federal Register Notice and other Agency outreach.
How frequent & relevant are cmte mtgs?*The Board typically meets twice a year to discuss ongoing projects, consider draft work products developed by working groups, review requests for new projects, and develop an action agenda to direct Board work in the coming year. At such meetings, the Board also hears from invited EPA speakers on Agency priorities and financial matters as well as from external stakeholders on important and timely environmental financing issues. In FY 2020 the full Board held three meetings and three work group meetings that were open to the public. The Board also held its new member orientation to introduce new and re-appointed members and to provide an overview of EFAB and their roles and responsibilities.
Why advice can't be obtained elsewhere?*Establishment and support for the EFAB, in conjunction with the EPA Water Infrastructure and Resiliency Finance Center is part of EPA's commitment to improve the agency's environmental finance knowledge to pursue finance solutions for all programs and levels of government and the private sector. The EFAB brings unique experiences and perspectives on complex, cross-media environmental financing issues that are not available within the Agency. These experiences and perspectives cover a wide range of public and private financing approaches necessary to pay for environmental programs, services, and infrastructure at the federal, state, and local levels. The average EFAB member has twenty or more years of experience in environmental finance, is often a national leader in their field and serves in an executive role. No other EPA advisory committee is structured or chartered to perform the EFAB's cross-media financing advisory function. The other EPA advisory committees are science or technology-oriented; address a specific environmental problem, rule or standard; or consider policy and education on a general basis. None look at how-to-pay issues on a real world, public/private basis, and none have the financing backgrounds and perspectives of the EFAB members.
Why close or partially close meetings?New member orientation was closed to the public to introduce new and re-appointed members and to provide an overview of EFAB and their roles and responsibilities. . There were no other closed or partially closed EFAB meetings during the year.
Recommendation RemarksTopic areas covered by the Board vary from year to year, ranging from a long-standing interest in public water financing mechanisms (particularly EPA’s clean water and drinking water state revolving loan fund programs) to public-private partnership approaches. In FY 2020, the Board provided advice on stormwater infrastructure funding and financing and approaches to financing a program to backhaul (remove) waste from rural Alaska communities. In FY19, pursuant to the America’s Water Infrastructure Act of 2018 (P.L. 115-270), EPA convened the Stormwater Infrastructure Finance Task Force as a working group under the auspices of the Board to study and report on federal, state, and local public and private sources of funding for stormwater infrastructure. The Board approved the final Task Force report to EPA in FY20.
Hide Section - PERFORMANCE MEASURES

PERFORMANCE MEASURES

Outcome Improvement To Health Or Safety*YesAction Reorganize Priorities*No
Outcome Trust In GovernmentYesAction Reallocate ResourcesYes
Outcome Major Policy ChangesYesAction Issued New RegulationsNo
Outcome Advance In Scientific ResearchNoAction Proposed LegislationNo
Outcome Effective Grant MakingNoAction Approved Grants Or Other PaymentsNo
Outcome Improved Service DeliveryYesAction OtherNo
Outcome Increased Customer SatisfactionYesAction CommentN/A
Outcome Implement Laws/Reg RequirementsYesGrants Review*No
Outcome OtherNoNumber Of Grants Reviewed0
Outcome CommentNANumber Of Grants Recommended0
Cost Savings*Unable to DetermineDollar Value Of Grants Recommended$0.00
Cost Savings CommentStaff will continue to work the Agency’s program and regional offices to determine/measure cost savings.Grants Review CommentN/A
Number Of Recommendations*460Access Contact Designated Fed. Officer*Yes
Number Of Recommendations CommentThe Board has made and transmitted 460 recommendations to EPA through the end of Fiscal Year 2020. The Board provided EPA with one report and one advisory letter during the year containing nine recommendations, supported by numerous findings, and environmental financing information, Recommendations, highlighted opportunities for federal actions that could improve the delivery of effective and resilient environmental services by EPA and its state, tribal, and local government partners.Access Agency WebsiteYes
% of Recs Fully Implemented*11.00%Access Committee WebsiteYes
% of Recs Fully Implemented CommentThe percentage reported is an estimate based on a review of recent Board reports.Access GSA FACA WebsiteYes
% of Recs Partially Implemented*17.00%Access PublicationsYes
% of Recs Partially Implemented CommentThe percentage submitted is an estimate based on a review of recent Board reports.Access OtherNo
Agency Feedback*YesAccess CommentN/A
Agency Feedback Comment*The EFAB does receive feedback from the Agency regarding actions taken to implement its recommendations or advice. Formal Agency feedback is provided in a written response to each Board advisory product. In addition, the Board is often engaged with the Agency's most senior level officials at Board meetings regarding the Agency's priorities and the Board's recommendations.Narrative Description*In FY 2020, the full Board held three meetings and three work group meetings that were open to the public. The Board also held its new member orientation to introduce new and re-appointed members and to provide an overview of EFAB and their roles and responsibilities. The Stormwater Infrastructure Finance Task Force, a working group of the Board formed pursuant to section 4101 of the America's Water Infrastructure Act of 2018, completed its report on options for funding and financing stormwater infrastructure and the Board discussed and approved the report to be transmitted to the agency. The Board also held a consultation with the agency staff to provide advice on governance and financing options to fund removal and recycling of hazardous waste from rural Alaska communities.
Hide Section - COSTS

COSTS

Payments to Non-Federal Members*$0.00Est Payments to Non-Fed Members Next FY*$0.00
Payments to Federal Members*$0.00Est. Payments to Fed Members Next FY*$0.00
Payments to Federal Staff*$482,000.00Estimated Payments to Federal Staff*$445,000.00
Payments to Consultants*$0.00Est. Payments to Consultants Next FY*$0.00
Travel Reimb. For Non-Federal Members*$44,206.00Est Travel Reimb Non-Fed Members nextFY* 
Travel Reimb. For Federal Members*$0.00Est Travel Reimb For Fed Members*$0.00
Travel Reimb. For Federal Staff*$7,421.00Est. Travel Reimb to Fed Staff Next FY* 
Travel Reimb. For Consultants*$10,838.00Est Travel Reimb to Consultants Next FY* 
Other Costs$67,321.00Est. Other Costs Next FY*$30,000.00
Total Costs$611,786.00Est. Total Next FY*$475,000.00
Federal Staff Support (FTE)*3.00Est. Fed Staff Support Next FY*2.80
Cost RemarksEst Cost Remarks
Hide Section - Interest Areas

Interest Areas

Category
Area
Emergency
Emergency Preparedness and Management
Environment
Environmental Issues
Waste Disposal
Finance
Banking
Credit
Finance
Investment
Securities
Tax
Hide Section - MEMBERS,MEETINGS AND ADVISORY REPORTS

MEMBERS,MEETINGS AND ADVISORY REPORTS

To View all the members, meetings and advisory reports for this committee please click here
Hide Section - CHARTERS AND RELATED DOCS

CHARTERS AND RELATED DOCS

No Documents Found
Hide Section - DATA FROM PREVIOUS YEARS

DATA FROM PREVIOUS YEARS

Committee

Data from Previous Years

 
ActionCommittee System IDCommittee NameFiscal Year
 COM-035598Environmental Financial Advisory Board2019
 COM-032763Environmental Financial Advisory Board2018
 COM-001723Environmental Financial Advisory Board2017
 COM-002542Environmental Financial Advisory Board2016
 COM-003871Environmental Financial Advisory Board2015
 COM-004667Environmental Financial Advisory Board2014
 COM-005949Environmental Financial Advisory Board2013
 COM-006811Environmental Financial Advisory Board2012
 COM-008107Environmental Financial Advisory Board2011
 COM-009186Environmental Financial Advisory Board2010
 COM-010126Environmental Financial Advisory Board2009
 COM-010878Environmental Financial Advisory Board2008
 COM-011790Environmental Financial Advisory Board2007
 COM-012744Environmental Financial Advisory Board2006
 COM-013855Environmental Financial Advisory Board2005
 COM-014671Environmental Financial Advisory Board2004
 COM-015637Environmental Financial Advisory Board2003
 COM-016612Environmental Financial Advisory Board2002
 COM-017761Environmental Financial Advisory Board2001
 COM-018570Environmental Financial Advisory Board2000
 COM-019691Environmental Financial Advisory Board1999
 COM-020665Environmental Financial Advisory Board1998
 COM-021624Environmental Financial Advisory Board1997