2026 Environmental Financial Advisory Board (EFAB) Federal Advisory Committee Act (FACA) Charter 2-Year Renewal
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Abstract
The Charter for the U.S. Environmental Protection Agency's (EPA) Environmental Financial Advisory Board (EFAB) will be renewed for an additional two-year period, as a necessary committee which is in the public interest, in accordance with the provisions of the Federal Advisory Committee Act (FACA). The purpose of the EFAB is to provide advice and recommendations to the EPA Administrator and program and regional offices on ways to lower the costs of, and increase private investments in, environmental and public health protection efforts without investing additional federal taxpayers dollars.
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<title>Federal Register, Volume 91 Issue 49 (Friday, March 13, 2026)</title>
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[Federal Register Volume 91, Number 49 (Friday, March 13, 2026)]
[Notices]
[Pages 12416-12417]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2026-04941]
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ENVIRONMENTAL PROTECTION AGENCY
[EPA-HQ-OMS-2026-0037; FRL-13284-01-OMS]
2026 Environmental Financial Advisory Board (EFAB) Federal
Advisory Committee Act (FACA) Charter 2-Year Renewal
AGENCY: Environmental Protection Agency (EPA).
ACTION: Notice.
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SUMMARY: The Charter for the U.S. Environmental Protection Agency's
(EPA) Environmental Financial Advisory Board (EFAB) will be renewed for
an additional two-year period, as a necessary committee which is in the
public interest, in accordance with the provisions of the Federal
Advisory Committee Act (FACA). The purpose of the EFAB is to provide
advice and recommendations to the EPA Administrator and program and
regional offices on ways to lower the costs of, and increase private
investments in, environmental and public health protection efforts
without investing additional federal taxpayers dollars.
FOR FURTHER INFORMATION CONTACT: Inquiries may be directed to Edward
Walsh, Office of Finance and Administration, Mail Code: 3101A, U.S.
EPA, 1200 Pennsylvania Avenue NW, Washington, DC 20460, telephone
number: (202) 564-4594, email address: <a href="/cdn-cgi/l/email-protection#9ee9fff2edf6b0fbfadefbeeffb0f9f1e8"><span class="__cf_email__" data-cfemail="394e58554a51175c5d795c4958175e564f">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Background
The EFAB is an EPA advisory committee chartered under the Federal
Advisory Committee Act (FACA), 5 U.S.C., app. 2, to provide advice and
recommendations to the EPA on innovative approaches to financing
environmental programs, projects, and activities.
Public Interest Determination
Pursuant to 41 U.S.C. 102-3.60(a), to establish, renew,
reestablish, or merge a discretionary (agency discretion) advisory
committee, an agency must first consult with the General Services
Administration's Committee Management Secretariat (the Secretariat)
and, as part of the consultation, provide a written public interest
determination approved by the head of the agency to the Secretariat
with a copy to the Office of Management and Budget. In addition,
pursuant to 41 U.S.C. 102-3.35, an agency shall follow the same
consultation process and document in writing the same determination of
need before creating a subcommittee under a discretionary committee
that is not made up entirely of members of a parent advisory committee.
Information on the following factors for the committee is provided
to the Secretariat to demonstrate that renewing the committee is in the
public interest:
1. Annual budget.
The estimated Annual Budget for the Environmental Financial
Advisory Board is $287,032.
a. Federal personnel on a full-time equivalent (FTE) basis
The estimated FTE is 1.5.
b. Other Federal internal costs
The estimate for other Federal internal costs is $60,000 (meetings,
FRN, contractors etc. . . .)
c. Proposed payments to members
The members will be Representative and will not be paid to serve on
the committee.
d. Proposed number of members
The committee will have no more than 11 members.
e. Reimbursable costs
The estimate for reimbursable costs for members' travel expenses is
$18,335 and the estimate for reimbursable costs for staff's travel
expenses is $7,804.
2. If applicable, the total dollar value of grants expected to be
recommended during the fiscal year.
N/A.
3. Criteria for selecting members to ensure the committee has the
necessary expertise and fairly balanced membership.
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 represent a variety of experience and perspectives
required to address the wide variety of issues pertaining to
environmental finance issues. The members also have geographic
disbursement to ensure the representation of regional perspectives. The
Board may include, as needed, special government employee members who
are appointed for their individual expertise.
4. List of all other Federal advisory committees of the agency.
The U.S. Environmental Protection Agency Federal Advisory
Committees Science Advisory Committee on Chemicals National
Environmental Education Advisory Council National Drinking Water
Advisory Council Local Government Advisory Committee Human Studies
Review Board Hazardous Waste Electronic Manifest System Advisory Board
Great Lakes Advisory Board Chartered Good Neighbor Environmental Board
Federal Insecticide, Fungicide, and Rodenticide Act Scientific Advisory
Panel Farm, Ranch, and Rural Communities Advisory Committee EPA Science
Advisory Board Chartered EPA Board of Scientific Counselors
Environmental Financial Advisory Board Clean Air Scientific Advisory
Committee Children's Health Protection Advisory Committee.
5. Justification that the information or advice provided by the
Federal advisory committee or subcommittee is not available from
another Federal advisory committee, another Federal Government source,
or any other more cost-effective and less burdensome source.
Establishment and support for the EFAB, in conjunction with the EPA
Water 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
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at how-to-pay issues on a real world, public/private basis, and none
have the financing backgrounds and perspectives of the EFAB members.
6. If the consultation is a committee renewal, a summary of the
previous accomplishments of the committee and the reasons it needs to
continue.
During the course of the EFAB's existence, the Board has produced
491 recommendations. In FY 2025, the full board held one hybrid virtual
and in-person meeting (October 15-16), one virtual meeting (January 8),
and one webinar (November 12) that were open to the public. This
committee is in the public interest and should be renewed as the EPA
has a strategic interest in accelerating environmental technology
commercialization to support its mission of protecting human health and
the environment. By helping startups and innovators navigate financing
pathways, regulatory compliance, certification requirements, and market
entry strategies, EPA can leverage private sector investment to scale
solutions without requiring additional federal taxpayer dollars.
7. Explanation of why the committee/subcommittee is essential to
the conduct of agency business.
Committee is essential to the conduct of agency business as it
supports the Administrator's priorities cited in the ``Powering of the
Great American Comeback.'' Specifically, this committee supports Pillar
3: Permitting Reform, Cooperative Federalism, and Cross-Agency
Partnership.''
In conclusion, this public interest determination documents that
renewing the committee is in the public interest, essential to the
conduct of agency business, and that the information to be obtained is
not already available through another advisory committee or source
within the Federal Government.
Lek Kadeli,
Director, Office Resources & Information (ORI).
[FR Doc. 2026-04941 Filed 3-12-26; 8:45 am]
BILLING CODE 6560-50-P
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