“In a world first, the San Francisco Public Utilities Commission (SFPUC) has become the first entity to issue a green bond certified under the Water Climate Bonds Standard, a screening tool that specifies the criteria that must be met for bonds labelled as ‘green’ or earmarked for funding water-related, low carbon initiatives.
“Proceeds from the USD $240 million Wastewater Revenue Bond will fund eligible projects in sustainable stormwater management and wastewater projects included in the SFPUC Sewer System Improvement Program (SSIP) Phase1. International research and analysis firm Sustainalytics has provided third-party verification that the SFPUC bond conforms with the Climate Bonds Standard.” Learn more in the May 18th CERES press release here.