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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.

Details on agency responses to committee recommendations can be found under the Performance Measures section for each committee in the fields “Agency Feedback” and “Agency Feedback Comment.”


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

GENERAL INFORMATION

Committee NameEnvironmental Financial Advisory BoardAgency NameEnvironmental Protection Agency
Fiscal Year2022Committee Number723
Original Establishment Date2/12/1991Committee StatusChartered
Actual Termination Date Committee URLhttps://www.epa.gov/waterfinancecenter/efab
New Committee This FYNoPresidential Appointments*No
Terminated This FYNoMax Number of Members*35
Current Charter Date4/13/2022Designated Fed Officer Position Title*Deputy Regional Administrator for USEPA Region 7
Date Of Renewal Charter4/13/2024Designated 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 workgroups to do preparatory work, including developing draft responses to Agency charges. These workgroups include members of the Board. Following the identification and adoption of work projects, the EFAB may hold public meetings, information gathering workshops, and/or workgroup sessions to develop advisories, reports, and/or letters to the Agency. The project workgroup produces a draft workgroup 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 workgroups, and review requests for new projects 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. To date in FY22, the full Board held two meetings and two workgroup webinars that were open to the public. During the March 2022 meeting, EPA senior officials engaged the Board on the Bipartisan Infrastructure Law and anticipated efforts by the Agency as a result.
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 extensive knowledge in both established and innovative environmental finance approaches, is often a national leader in their field, and typically serves in an executive or leadership 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?There were no closed or partially closed EFAB meetings during the year to date.
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. To date in FY22, the Board has not made any recommendations to the Agency. It is anticipated that recommendations will be made in early FY23.
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 CommentN/ANumber Of Grants Recommended0
Cost Savings*Unable to DetermineDollar Value Of Grants Recommended$0.00
Cost Savings CommentStaff will continue to work with the Agency’s program and regional offices to determine/measure cost savings.Grants Review CommentN/A
Number Of Recommendations*461Access Contact Designated Fed. Officer*Yes
Number Of Recommendations CommentThe Board has made and transmitted 461 recommendations to EPA over its lifetime to date.Access Agency WebsiteYes
% of Recs Fully Implemented*40.00%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*To date in FY 2022, the full Board held one virtual meeting (October 13, 2021), one hybrid virtual and in-person meeting (March 29-30, 2022), and two virtual workgroup informational webinars (March 9 and May 10, 2022) that were open to the public.
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*$446,960.00Estimated Payments to Federal Staff*$450,000.00
Payments to Consultants*$0.00Est. Payments to Consultants Next FY*$0.00
Travel Reimb. For Non-Federal Members*$23,199.27Est Travel Reimb Non-Fed Members nextFY*$50,000.00
Travel Reimb. For Federal Members*$0.00Est Travel Reimb For Fed Members*$0.00
Travel Reimb. For Federal Staff*$0.00Est. Travel Reimb to Fed Staff Next FY*$5,000.00
Travel Reimb. For Consultants*$0.00Est Travel Reimb to Consultants Next FY*$0.00
Other Costs$31,911.44Est. Other Costs Next FY*$30,000.00
Total Costs$502,070.71Est. Total Next FY*$535,000.00
Date Cost Last Modified5/26/2022 12:10 PMEst. Fed Staff Support Next FY*4.00
Federal Staff Support (FTE)*3.00Est Cost Remarks
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-039183Environmental Financial Advisory Board2021
 COM-038033Environmental Financial Advisory Board2020
 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