United States
         Environmental Protection
What is the  Environmental
Advisory Board?
Financial    Who serves on the Environmental Financial Advisory Board?
The  Environmental  Financial  Advisory
Board (EFAB) is an independent advisory
committee chartered  in  1989 under the
Federal Advisory Committee Act (FACA),
which provides a role for the public to par-
ticipate   in  the   federal   government's
decision-making   process.   Committees
under FACA allow the government to draw
on the  expertise  of committee members,
providing  federal  officials information and
advice on a broad range of issues affecting
federal policies and  programs.
         Recent Publications

   Financial Assurance for Underground
   Carbon Sequestration Facilities
   Financing Mechanism for Reducing
   Greenhouse Gas Emissions
   Voluntary Environmental Improvement
   Water Loss Reduction: Financing
   Mechanisms for Drinking Water Distri-
   bution Systems
   Financial Assurance:  Commercial In-
   surance as a Financial Assurance Tool
   Leveraging the State Revolving Funds

   Contact EPA's Center for
   Environmental Finance




   Center for Environmental Finance
   Office of the Chief Financial Officer
   U.S. Environmental Protection Agency
   1200 Pennsylvania Ave., NW(2731R)
   Washington, DC 20460
            The  Environmental Financial Advisory  Board's  (EFAB) members
            consist  of  prominent  experts  from  the  finance  and  banking
            communities, business  and  industry, national organizations, and all
            levels of government, including elected officials. The board is led by
            a designated federal official from within EPA, selected by  EPA's
            Administrator, and a chair.

            Board Chair: Bradley Abelow, MF Global
            Designated Federal Official: Mike Shapiro, EPA

            What does the  Environmental Financial Advisory Board do?

            The Environmental  Financial Advisory Board (EFAB) provides EPA
            with a cross-media, intergovernmental perspective on environmental
            and  economic  goals while emphasizing cost-effective, risk-based
            approaches and public-private partnerships.  It seeks practical ways
            of lowering  costs,  increasing public and private investments,  and
            building  state and  local capacity to solve  environmental financing
            challenges.  The board has made significant contributions to EPA's
            efforts to address the critical environmental financing needs of the
            21st century. EFAB focuses on:
            Lowering costs: EFAB proposes to EPA ways to remove financial
            and programmatic  barriers that  raise the cost of environmental

            Increasing  public  and  private investment:   EFAB proposes
            methods of increasing public and private investment in environmental
            facilities and services.

            Building state and local financial  capacity:   EFAB recommends
            ways to build state and local financial  capacity necessary to carry out
            environmental requirements.
            EFAB  develops   an  annual
            Strategic  Action Agenda based
            on  EPA's strategic  plans  and
            goals.    The  agenda  defines
            environmental  finance  themes
            and sets forth specific issues for

            EPA has adopted many of the
            board's recommendations, con-
            tained in a  variety of environ-
            mental  policy  and  technical
            reports and advisories.
                                                                         January 2011   EPA-190-F-11-001