The Environmental Finance Center Grant Program provides funding to support Environmental Finance Centers (EFCs) that provide multi-media environmental finance expertise and outreach to the regulated communities.
The EFCs work with States, local governments and the private sector to address the
growing costs of environmental protection.
The EFCs provide finance-related training, education, and analytical studies to help these regulated parties develop solutions to the difficult "how-to-pay" issues associated with meeting environmental standards.
The EFCs educate state and local governments and businesses on lowering environmental costs, increasing environmental investments, improving financial capacity, encouraging full cost pricing, and identifying and evaluating environmental financing options.
A central goal of the EFCs is to create sustainable systems.
Sustainable systems have the financial, technical, and institutional resources and capabilities to operate in compliance with environmental requirements and in conformance with accepted environmental practices over thelong term.
EFCs focus on helping these smaller parties find ways to obtain financing for their environmental protection responsibilities.
Funding Priority ? Fiscal Year 2008: providing education, technical assistance, and analytic support to state and local officials to: (1) build capacity of state and local governments to develop and support sustainable water systems; (2) provide computer-based financial outreach tools to communities (particularly small ones) to help them more effectively manage watersheds and water systems; (3) support cleaner/greener businesses through source reduction, pollution prevention, and energy conservation; (4) promote environmentally sustainable redevelopment efforts by state and local governments; and (5) assist state and local government in integrating environmental protection in growth management and land use planning.
Funding Priority ? Fiscal Year 2009: providing education, technical assistance, and analytic support to state and local officials and businesses on: (1) environmentally sustainable growth management and land use planning; (2) financing wetlands programs and protection; (3) water and wastewater utility sustainability, energy efficiency and capital planning; (4) financing source reduction, pollution prevention and energy conservation, and encouraging green business products and services; and (5) promoting innovative air pollution reduction financing efforts.