2005

In January 2005, the Chesapeake Executive Council issued Directive 04-1 in response to the recommendations set forth by the Blue Ribbon Finance Panel. That directive instructed the Principals’ Staff Committee "to convene a Committee of federal, state, and regional finance and legal experts to provide a specific proposal" for a regional financing authority that would help finance and implement programs to restore and protect water quality throughout the Chesapeake watershed.

2021 - Present

The Environmental Finance Center Network (EFCN) provides training and technical assistance to small public water and wastewater systems in rural and urban communities and to tribally-owned and -operated systems throughout the U.S. The EFCN works to expand and enhance the capacity of these systems to address their technical, managerial, and financial needs and achieve long-term sustainability and resiliency.

2020 - 2022

EFC partnered with the Maryland Forestry Foundation to develop an action framework and community engagement series to support Resilience Financing for Maryland Local Governments. This capacity building and education effort was designed to help local governments build resilience into their communities, particularly in the form of natural capital. Natural capital is the extension of the economic notion of capital (manufactured means of production) to goods and services relating to the natural environment.