Notice2026-04941

2026 Environmental Financial Advisory Board (EFAB) Federal Advisory Committee Act (FACA) Charter 2-Year Renewal

Primary source

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Published
March 13, 2026

Issuing agencies

Environmental Protection Agency

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.

Full Text

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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&#160;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

[[Page 12417]]

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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Indexed from Federal Register on March 13, 2026.

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