2026 - 2030 Surrey Financial Plan

STRATEGIC FRAMEWORK

intending to report on our climate risks and key strategies in the future financial plans, following the recommendations of the Task Force for Climate-Related Financial Disclosures.

CLIMATE ACTION—WHAT’S BEEN ACCOMPLISHED

In partnership with a broad range of community stakeholders, the City has made considerable progress in reducing GHG emissions and improving resiliency to climate change impacts. Here are a few examples of measurable progress made during the past few years: • Surrey’s award-winning Coastal Flood Adaptation Strategy (“CFAS”) is in its seventh year of implementation. With a Government of Canada investment of over $76 million through the Disaster Mitigation and Adaptation Fund (“DMAF”), Surrey is delivering 13 projects valued at $187 million for large-scale infrastructure and innovative nature-based solutions to address pressing concerns and preparing for impacts associated with a changing climate. These projects will advance many CFAS actions between 2019 and 2028. Several completed projects include the King George Boulevard Nicomekl Bridge, 152 Street upgrades, Crescent Beach upgrades, various pump stations, and Southern Railway Serpentine Bridge. Ongoing initiatives include the Nicomekl River Sea Dam replacements and construction of the 30-hectare Nicomekl Riverfront Park; • The City continues to build on the Biodiversity Conservation Strategy (“BCS”), endorsed in 2014, which aims to preserve, protect, and enhance Surrey’s biodiversity in the long-term. A key initiative is the Green Infrastructure Network (“GIN”) consisting of biodiversity hubs and corridors of connected greenspace, and restored and existing natural areas on private and public land. Since the GIN was established in 2014, 4,130 acres have been dedicated or acquired by the City as parkland. With another 1,129 acres protected in regional parkland, 43% of the GIN’s 9,706 acres have been protected as of 2024; • In 2025, the City celebrates 30 years of the Salmon Habitat Restoration Program (SHaRP) and 25 years of the Surrey’s Natural Areas Partnership (“SNAP”) – two long-standing programs that provide youth with meaningful career experience in environmental stewardship. Each year, local youth are hired to restore fish and wildlife habitat, care for Surrey’s urban forest, and engage residents through environmental outreach. The impact of both programs has been

City of Surrey | 2026—2030 Financial Plan | Executive Overview

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