The California Air Resources Board seeks input from the public in identifying areas for improvement of existing materials and ideas for tools and resources to help achieve the objectives and principles of California Climate Investments.


Investment Plan

Every three years, the Department of Finance, in consultation with CARB and other State agencies, submits an investment plan to the Legislature to guide the investment of Cap-and-Trade auction proceeds. The Fifth Triennial Investment Plan will cover Fiscal Years 2025-26 through 2027-28 and is due to the Legislature in January 2025. Over the course of 2024, CARB will work with the Department of Finance, other State agencies, and interested parties to identify priority investments to recommend in the Investment Plan.

Visit the Investment Plan webpage to learn more and provide input on the Fifth Investment Plan to guide future California Climate Investments.


Funding Guidelines Update

The Funding Guidelines for Agencies that Administer California Climate Investments (Funding Guidelines) apply across all California Climate Investments programs and provide guidance to administering agencies on developing their own guidelines and solicitations, estimating greenhouse gas emissions reductions and other project benefits, and tracking and reporting benefits, including benefits to priority populations.

CARB is currently in the process of updating the Funding Guidelines and associated materials to clarify existing language, help California Climate Investments programs achieve their goals, and respond to new legislative requirements.

Visit Funding Guidelines to learn more and provide input on potential updates to the Funding Guidelines for agencies that administer California Climate Investments.

 

Workforce Development

In response to the passage of Assembly Bill 680 in 2021, CARB is updating the Funding Guidelines to incorporate workforce standards that support the creation of high-quality jobs in applicable California Climate Investments programs.

Visit Workforce Development to learn more about this effort and how you can provide input and participate.