[Federal Register Volume 63, Number 168 (Monday, August 31, 1998)]
[Notices]
[Page 46223]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-23331]


=======================================================================
-----------------------------------------------------------------------

ENVIRONMENTAL PROTECTION AGENCY

[FRL-6154-2]


National Advisory Council for Environmental Policy and 
Technology; Environmental Capital Markets Committee; Public Meeting

AGENCY: Environmental Protection Agency (EPA).

ACTION: Notice of public meeting.

-----------------------------------------------------------------------

SUMMARY: Under the Federal Advisory Committee Act, Pub. L. 92463, EPA 
gives notice of a meeting of the Environmental Capital Markets 
Committee of the National Advisory Council for Environmental Policy and 
Technology (NACEPT), which provides advice and recommendations to the 
Administrator of EPA on a broad range of environmental policy issues.
    The Environmental Capital Markets Committee has been evaluating 
practical ways for the financial services industry to include the 
environmental performance of its clients as an integral part of its 
core credit, investment, and underwriting processes. Some of the major 
issues the Committee has been addressing are:
     The extent to which--and why--the financial services 
industry currently takes environmental factors into account in its 
credit, investment, and underwriting processes.
     The characteristics of current (and projected) 
environmental management systems (EMS) and practices that could help 
correlate environmental performance and financial performance.
     How information flowing from these EMSs/practices might be 
quantified in a manner that could be integrated into the financial 
service industry's credit, investment, and underwriting processes.
    The ultimate goal of the Committee is to identify concrete actions 
that EPA, on its own or in cooperation with other Federal or state 
agencies, could take to help the financial services industry 
incorporate this environmental information into its core decision-
making processes.

DATES: The Environmental Capital Markets Committee will hold a one day 
public meeting at the Crystal City Marriott Courtyard, 2899 Jefferson 
Davis Highway, Arlington, Virginia on Friday, September 25, 1998 from 9 
a.m. to 6 p.m.

ADDRESSES: Materials or written comments may be transmitted to the 
Committee through Mark Joyce, Designated Federal Officer, U.S. EPA, 
Office of Cooperative Environmental Management (1601F), 401 M Street 
SW, Washington, DC 20460.

FOR FURTHER INFORMATION CONTACT: Mark Joyce, Designated Federal 
Officer, Environmental Capital Markets Committee, at 202-260-6889.

    Dated: August 20, 1998.
Mark Joyce,
Designated Federal Officer.
[FR Doc. 98-23331 Filed 8-28-98; 8:45 am]
BILLING CODE 6560-50-P