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Mandate Details

Description: Report on Minn. Climate Innovation Finance Authority activities in the previous year, with: : (1) the amount of capital invested, by project type; (2) the amount of private and public capital leveraged by authority investments, by project type; (3) the number of qualified projects supported, by project type and location within Minnesota, including in environmental justice communities; (4) the estimated number of jobs created for local workers and nonlocal workers, the ratio of projects subject to and exempt from prevailing wage requirements, and tax revenue generated as a result of the authority's activities; (5) estimated reductions in greenhouse gas emissions resulting from the authority's activities; (6) the number of clean energy projects financed in low- and moderate-income households; (7) a narrative describing the progress made toward the authority's equity, social, and labor standards goals; and (8) a financial audit conducted by an independent party.
Law: 2023 Minn. Laws Chap. 53 Art. 21 Sec. 2 Subd. 12
Statute: 216C.441 Subd. 12
Agency(ies)/Supplier(s): Minn. Climate Innovation Finance Authority
Due Date: 02/01/2025
Frequency: Annual
Subjects: Economic Development
Environment/Natural Resources - Air & Climate Issues
Committee/Agency Jurisdiction: Energy Policy and Finance
Governor

Item(s) Received

TitlePublisher(s)Publication DateCoverageDate ReceivedReport LinkCall #
Minnesota Climate Innovation Finance Authority (MnCIFA) ... Annual Report Minn. Climate Innovation Finance Authority January 31, 2024202302/09/2024 24-0261.pdf