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The City began its Green Bond financing program in 2015 to fund its annual capital improvement and maintenance projects for the Sanitary and Storm Sewer Utility. The capital projects funded by these Green bonds reduce the amount of untreated sewage and storm water that enter the environment and reduce the amount of clean water entering the treatment system.
The first Green Bond report was published in May of 2016. The City plans to update this report annually, or until the proceeds of a series have been spent.
Climate Action Plan
Building on decades of Saint Paul's framework for community resilience, the City of Saint Paul has developed a Climate Action & Resilience Plan. The plan focuses on achieving carbon neutrality in city operations by 2030 and citywide by 2050 with a suite of targets and actions to decrease emissions across every sector in the city. It also identifies ways to cultivate long-term resilience, enhance the natural infrastructure of the city, and promotes a vision for Saint Paul’s future with diminished threats of climate change.