Cumulative Summary of California Climate Investments 

Appropriations

The Legislature appropriates money from the GGRF to administering agencies for programs that result in GHG emission reductions and further the purpose of AB 32 through continuous appropriations enacted in Senate Bill (SB) 862 (Committee on Budget and Fiscal Review, Chapter 36, Statutes of 2014), and through the Budget Act. 

  • The first appropriations in Fiscal Year (FY) 2013-14 provided over $70 million to programs. 
  • Subsequent appropriations in FY 2014-15 included over $850 million, resulting in a significant expansion of the number and types of California Climate Investments. 
  • In FY 2015-16, the Legislature and Governor appropriated approximately $1.3 billion, which provided funding to continue a subset of programs established in the previous fiscal years. 
  • In FY 2016-17, the Legislature and Governor appropriated over $1.1 billion for existing and new programs. 

The Governor’s proposed Budget for FY 2017-18 includes $2.2 billion in funding from the GGRF. The Budget proposes that this funding be allocated after legislation confirming CARB’s authority to administer the Cap-and-Trade Program beyond 2020 is enacted through a two-thirds vote. To view the Governor’s proposed Budget for FY 2017-18, click here.

Appropriations for California Climate Investments: FY 2016-17 and Cumulative

Appropriations for California Climate Investments: FY 2016-17 and Cumulative

Click here for more detailed appropriation and status information, 

Click here for information about the Cap-and-Trade auction proceeds investment plan.