The Environmental Improvement and Energy Resources Authority (EIERA) was established by the Missouri General Assembly in 1972, under Missouri Revised Statutes, section 260.010, RSMo. EIERA is a quasi-governmental environmental finance agency that is administratively assigned to the Missouri Department of Natural Resources.
The agency is governed by the EIERA Board, consisting of five members appointed by the Governor and confirmed by the Senate, with no more than three members from the same political party. The Board appoints an Executive Director to oversee the agency’s programs, budgets, finances, staffing and other day-to-day operations. EIERA operates on fees received for bond financings; it receives no state general revenue.
What We Do
EIERA provides environmental solutions through finance, research and technical assistance. Per its mandate (House Bill 1041), the Authority supports Missouri’s communities, organizations and businesses by providing a broad range of financial support and services. These services include issuing tax exempt bonds, providing technical assistance, financing projects that reduce, prevent or control pollution and providing for the development of the energy resources of the State of Missouri. Since EIERA was established with a one-time appropriation of $225,000, it has provided almost $5.7 billion in bonds and more than $30 million in projects. These funds have supported infrastructure upgrades, energy efficiency, pollution prevention, technical assistance, research and environmental education.