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Environmental Finance Center Boise State University Working on the “How to Pay” Issues of Watershed Restoration The Environmental Finance Center.

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Presentation on theme: "Environmental Finance Center Boise State University Working on the “How to Pay” Issues of Watershed Restoration The Environmental Finance Center."— Presentation transcript:

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2 Environmental Finance Center Boise State University Working on the “How to Pay” Issues of Watershed Restoration The Environmental Finance Center

3 Today’s Agenda Introduction to the EFC Network EFC at Boise State University Working on the “How to Pay” issues Tools and Resources for NPS Financing AGBMP$ Summary and Wrap-up

4 EPA Environmental Finance Partners USEPA Washington, DC Chief Financial Officer Environmental Finance Team Environmental Finance Advisory Board [FACA] EPA Program Offices Federal Agencies Regional, State and Local Clients Environmental Finance Center Network Public Finance Groups

5 EFC Network University of Southern Maine (R1) Syracuse University (R2) University of Maryland (R3) University of North Carolina (R4) University of Louisville (R4) Cleveland State University (R5) New Mexico Tech University (R6) California State University, Hayward (R9) EPA’s University-Based Environmental Finance Centers: Working on the “How to Pay” Issues of Environmental Compliance Boise State University USEPA Region 10

6 EFC at Boise State University: Building Financial & Management Capacity Through Research, Training and Assistance http://sspa.boisestate.edu/efc

7 Macro and Micro Environmental Finance Macro and Micro Environmental Finance Micro - EFMacro - EF Watershed Finance Regionally Oriented Non-Point Source Utility Finance Community Oriented Point Source

8 Watershed Financing Workshops DIRECTORY OF WATERSHED RESOURCES (Web-Based) Watershed Funding Interactive Database Replicated for Region 4 by University of North Carolina Strategic Planning for Watershed Improvements Plan2Fund™ Lower Boise River Pollution Trading Project Infrastructure Financing Assistance Alternative Financing Methods Guidebook of Financing Tools Brownfields Project Assistance Community Charrettes: Jerome, ID; Pocatello, ID; Newberg, OR; Siletz Tribe, OR; Chiloquin, OR Agency Charrettes: Lower Boise Watershed Stakeholders, EPA Region10 Macro – Environmental Finance Programs

9 23 Workshops 2001-2004 Washington; 8 workshops, 205 participants Idaho; 7 workshops, 135 participants Alaska; 3 workshops, 110 participants Oregon; 8 workshops, 220 participants Workshop Content: University of Maryland (R3) Approach Examining all sources of the problem Visioning potential outcomes Prioritizing activities Building consensus and cooperation Leveraging resources Accomplishing goals Workshop presentations and materials have evolved to provide more focus on the “how to pay” issues. Tailoring workshop content to meet local needs (3 levels); Basic, Intermediate and Advanced Basic, Intermediate and Advanced Development of tools to save money and time (handout)

10 In pure public finance terms, watershed funding is one of the most difficult funding challenges. This is because cost, organizational, intergovernmental and time factors are more complex in watershed restoration than in any other environmental finance setting.

11 Tools for NPS Financing Plan2Fund Plan2Fund Directory of Watershed Resources Directory of Watershed Resources Guidebook of Financial Tools Guidebook of Financial Tools AGBMP$ AGBMP$ Fundraising Guide Fundraising Guide

12 Plan2Fund™ is a tool that assists users in identifying the funding needed to implement their watershed plan. Identifies Goals Objectives and Tasks Identifies Goals Objectives and Tasks Establishes time frame for implementation Establishes time frame for implementation Prioritizes objectives and tasks Prioritizes objectives and tasks Sets budgets and assesses any local match Sets budgets and assesses any local match Determines funding needed to meet watershed goals Determines funding needed to meet watershed goals The results from Plan2Fund™ can be used to search for funding sources utilizing the Environmental Finance Center’s internet-based Directory of Watershed Resources. TMTM

13 The Directory of Watershed Resources is an on-line, searchable database for watershed restoration funding. Includes over 730 Federal, State and Private funding sources Includes over 730 Federal, State and Private funding sources Users can query the information in a variety of ways Users can query the information in a variety of ways Agency sponsor Agency sponsor Keyword Keyword Detailed search. Detailed search. Provides information on purpose, restrictions, eligibility, application deadline, funding level, examples and contacts Provides information on purpose, restrictions, eligibility, application deadline, funding level, examples and contacts The Directory is expanding to include Region 1 (New England) The Directory is expanding to include Region 1 (New England)

14 A Guidebook of Financial Tools is a reference work of ways and means that are useful in paying for sustainable environmental systems. A Guidebook of Financial Tools is a reference work of ways and means that are useful in paying for sustainable environmental systems. Provides information on approximately 340 financial tools that include traditional means of raising revenue, borrowing capital, enhancing credit, creating public-private partnerships, and other innovative financing tools Provides information on approximately 340 financial tools that include traditional means of raising revenue, borrowing capital, enhancing credit, creating public-private partnerships, and other innovative financing tools The Guidebook is the product of a collaborative effort among members of the Environmental Financial Advisory Board, the EFCN, EPA’s Environmental Finance Program, and numerous other contributors. The Guidebook is the product of a collaborative effort among members of the Environmental Financial Advisory Board, the EFCN, EPA’s Environmental Finance Program, and numerous other contributors.

15 Watershed groups have expressed the need to identify the costs and benefits of implementing conservation measures.  EFC is developing AGBMP$ - A new cost-analysis tool for agricultural Best Management Practices (BMPs).  EFC is working with an interagency and interdisciplinary team to determine the best approach for developing AGBMP$.  Potential to add this cost-analysis function to the OnePlan Nutrient Management Planner. ( www.oneplan.org) www.oneplan.org

16 Agriculture / Land Use Watershed Protection Groups (WPGs) Planning process yields tasks to improve the watershed. Tasks may include projects on targeted tier-one properties. Landowners work with Soil Conservation Commission and NRCS to develop One-Plan BMP strategies. Development of implementation cost data. BMPs usually ranked by cost and benefit. WPGs can help find funding for BMP implementation using watershed financing techniques such as the Directory of Watershed Resources and other stakeholder methods. WPGs may also leverage funds for BMPs that increase water quality. Funding leveraged for BMP implementation. BMPs implemented for multiple and mutual benefits AGBMP$Process

17 Amy Williams Environmental Finance Center Boise State University 1910 University Drive Boise, ID 83725-1936 (208) 426-1567 (208) 426-3967 FAX awillia2@boisestate.edu


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