oEPA
United States
Environmental Protection
Agency
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
Bonds
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
FOR MORE INFORMATION
Contact EPA's Center for
Environmental Finance
WEBSITE:
www.epa.gov/efinpage
EMAIL:
efin@epa.gov
MAILING ADDRESS
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
compliance.
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
investigation.
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
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