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EPA Approves PennVEST Water Quality Trading Financing Program

The Pennsylvania Infrastructure Investment Authority received U.S. Environmental Protection Agency approval to use an innovative financing approach using Clean Water State Revolving Fund money to buy, sell, and create water quality trading credits.

Trading programs reduce the costs of improving and maintaining water quality while accelerating the pace and success of cleaning up impaired rivers, streams, and lakes.

PennVEST's water quality trading plan is the first in the country to use CWSRF funds to invest in the purchase and sale of pollution trading credits and in building best management practices that will generate these credits.

For more information, visit the PennVEST Q/A on Trading and DEP’s Water Quality Trading webpage.


8/24/2007

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