The Revised Draft Investment Plan identifies future investment priorities and strategies to expand the scope and reach of the existing California Climate Investments programs, such as the Affordable Housing and Sustainable Communities (AHSC) program.
To guide the investment of Cap-and-Trade auction proceeds, the Department of Finance, in consultation with the California Air Resources Board (CARB) and other State agencies (Administration), are required to submit an Investment Plan to the Legislature every three years.
Priorities include continued focus on GHG emission reductions, increased community-level projects and participation, greater funding certainty to allow longer-term planning, and an increased emphasis on additional economic, environmental, and public health benefits.
Your feedback on the Investment Plan document helps shape how billions of Cap-and-Trade dollars are spent to reduce greenhouse gas emissions and benefit the State’s disadvantaged and low-income communities.
California Air Resources Board (CARB) staff will present the draft document at a public hearing scheduled for:
November 16, 2018
8:30 a.m. – 5:00 p.m.
California Environmental Protection Agency
Air Resources Board | Byron Sher Auditorium
1001 I Street Sacramento, California 95814
Public comments will be accepted through November 13, 2018, until 5:00 p.m.
For more information please visit: California Climate Investments
