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Environmental Finance Center Network

What is the EFC Network?

Locate an EFC:

What's New?

  • The Environmental Finance Center Network and the Environmental Finance Program of the Office of Enterprise Technology & Innovation are pleased to make available the EFC Network 2002 Annual Report (PDFs) (February 2004). New


  • The Environmental Finance Program is pleased to make available the EFP Activity ReportNew


  • The Environmental Finance Center Network was the subject of an article on the National Drinking Water Clearinghouse's website entitled "Show Me the Money (And How to Manage It): Environmental Finance Centers Explain Fiscal Management." The article decribes the EFC's efforts in the field of environmental finance and provides examples. New


  • The Environmental Finance Center at Boise State was recently mentioned on page 21 of the Fall 2003 issue of Boise State University's Focus magazine in the article "Environmental technology helps assure pure water." The article decribes the EFC's research and subsequent national product roll out. New


  • The Environmental Finance Center at Boise State, regarding its sussessful research studies, was recently mentioned in the Federal Register, vol. 68, no. 192, pg. 57451. It was noted that "EPA's proposed revised [Small Local Governments Compliance Assistance Policy] policy recommends that States adopt a number of listed capacity measures the Agency has drawn from the studies performed by the EPA's Boise Environmental Finance Center. In the context of measuring the ability of small local governments to implement the requirments of the the Safe Drinking Water Act. The Boise Environmental Finance Center identified a number of factors that influence the technical, managerial, and financial capacity of local governments. (see, http://sspa.boisestate.edu/efc) EPA adapted many of these measures for inclusion into the proposed revised policy, and recommends that States incorporate these measures as appropriate for their local condition." New


  • The Environmental Finance Center Network 2002 Overview is now available online.
  • (PDF, 1.1MB)  (Fall 2002)
EFC Network Contacts:

EFCN Charrettes - A Proven Tool:

EFC Network Annual Reports:

Tools and Publications:



INTRODUCTION

Environmental goals cannot be met without financing, which is essential to implementing state and local programs, Knowledge about how to fund these programs is often limited, especially at the local level. As a result, there is an unprecedented demand on the expertise of public officials currently on the front lines of financing environmental facilities and services.

The EFCs provide state and local officials and small businesses with advisory services; education, publications, and training; technical assistance; and analyses on financing alternatives. The EFC network currently includes: the University of Southern Maine , Syracuse University , University of Maryland , University of North Carolina at Chapel Hill , University of Louisville , Great Lakes EFC at Cleveland State University , New Mexico Institute of Mining and Technology , California State University at Hayward , and Boise State University . These centers have proven effective vehicles for promoting innovative environmental financing techniques. While EPA provides seed funding for EFC start-up operations, financial independence of the centers is a major objective.

SERVICES AND CAPABILITIES

EFCs pursue various avenues of education and training such as offering short courses on environmental finance for state and local officials, as well as graduate-level educational courses through regular university curriculum. The EFCs at both the New Mexico Tech and the University of Maryland have developed environmental finance courses for state and local officials and graduate students. Similarly, the University of North Carolina EFC is developing a modular environmental finance training course for use by the Network. The New Mexico Tech EFC provides U.S./Mexican Border Area environmental infrastructure assistance and assessment, and the Boise State University EFC is providing training throughout the national EFC Network on utility rate setting. In addition, EFCs develop and publish case studies about innovative financing techniques, as well as serve as clearinghouses for Regional and state information on environmental financing and program management.

EFCs provide technical assistance and analyses to state and local governments and the private sector on managing and financing environmental infrastructure. For example, the Syracuse University EFC is developing case studies on how New York communities prioritize environmental activities using risk and finance considerations. Another important service the Syracuse EFC provides is assisting state and local officials in collaborative planning processes. The New Mexico Tech EFC continues to develop financing strategies for the long-term viability of environmental infrastructure on the U.S.-Mexico border. The California State University at Hayward EFC is dedicated to helping small business by advancing the Environmental goods and services industry and promoting polluting prevention. Among its primary products are the development of public-private partnership models for financing environmental services, emphasizing the participation of small and medium sized businesses. The Great Lakes EFC is focusing on brownfield redevelopment, especially the availability of financing and tools/incentives to spur investment in abandoned industrial and commercial sites. In addition, the Great Lakes EFC is helping Native American communities in Great Lakes states restore ecological balance through the appropriate use of comprehensive community planning, sustainable development, and ecological design techniques. The University of Maryland EFC conducts problem-solving roundtables known as "charrettes" with community representatives to discuss how to pay for environmental services, mandates and projects. The EFC at Boise State University is analyzing drinking water and wastewater systems viability and paying for environmental mandates.

Finally among our newer EFCs, the EFC at the University of North Carolina is designing a finance training course for Network use and is completing a report on wastewater and growth issues in the southeast coastal region of the country. The other Region 4 EFC, located at the University of Louisville, is providing support services to many small and medium-sized water and wastewater facility operators throughout Kentucky. The most recent addition to the Network is the EFC at the University of Southern Maine, which is currently focusing on wastewater treatment challenges in coastal areas of Massachusetts.


  • EFC Brochure in PDF Format .

  • For more information, contact:
    Vera Hannigan
    Environmental Finance Program Center Network Coordinator
    hannigan.vera@epa.gov

     

     
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