This notice announces the availability of funds and solicits applications from eligible entities for Environmental Finance Centers (EFCs) that provide multi-media environmental finance expertise and outreach to the regulated communities (e.g., states, tribes, local governments, and the private sector)
credit:
to help them meet environmental requirements.
The objective is to help the states, tribes, local governments, and private entities find effective and innovative ways to help address the growing costs of protecting public health and the environment in a sustainable manner.
Under this program, EFCs will be established across the nation to provide regulated parties with finance-related training, technical assistance, finance studies, and other analytical support (eligible services) to help them develop solutions to the critical "how-to-pay" issues associated with meeting environmental goals.
The EFCs will educate regulated parties on lowering costs, increasing investments, improving financial capacity, encouraging full cost pricing, and identifying and evaluating financing options.