This page last reviewed August 18, 2017
California Climate Investments
- CARB release 2017 Draft Funding Guidelines for Agencies that Administer California Climate Investments. Community meetings begin August 22, 2017.
- CalEPA announces new disadvantaged community designations
and interactive map of AB 1550 low-income communities April 21
- New California Climate Investments Website
- 2017 Annual Report to the Legislature (PDF) and
Project List (Excel Download) Updated March 13
- California Greenhouse Gas Reduction Fund Project Map Updated March 13
- CTC releases Commission Staff Recommendations for the Active Transportation Program for FY 2016-17: July 31
- SGC releases Transformative Climate Communities Final Draft Guidelines: August 14
- CAL FIRE announces Forest Health Program Grant Awards: August 15
- CDFA Healthy Soils Program Demonstration Projects and Incentives Program Application Assistance Workshops:
August 24 - Fresno
August 25 - Ventura
- CARB Woodsmoke Reduction Program Draft Program Guidelines: Comments due August 21
- CalSTA Transit and Intercity Rail Capital Program Rail and Transit Guideline Workshops:
August 18 - Los Angeles
August 21 - Sacramento
- CalSTA Transit and Intercity Rail Capital Program Discussion Draft: Comments due August 23
- CSD releases Request for Information for Community Solar Pilot for FY 2016-17: Responses due August 23
- SGC Council Meeting: August 24 - Sacramento
- SGC Announces Technical Assistance for the Concept Phase of the Transformative Climate Communities Program for FY 2016-17: Responses due September 4
- CARB Off-Road Advanced Technology Demonstration Projects: Applicant due September 7
- CDFA Healthy Soils Program Incentives Program accepting Applications: Applications due September 19
- CDFA Healthy Soils Program Demonstration Projects accepting Applications: Applications due September 19
Background and Resources
ARB Guidance for Agencies
What are Cap-and-Trade Auction Proceeds?
AB 32, the Global Warming Solutions Act of 2006, directed ARB to address climate change using multi-year programs to reduce greenhouse gas (GHG) emissions. ARB has adopted a Scoping Plan that describes the approach California will take to reduce GHG emissions and achieve the goal of reducing emissions to 1990 levels by 2020.
The Cap-and-Trade Program, a key element of the Scoping Plan, began in 2012. A portion of the GHG emissions permits (allowances) established by the Cap-and-Trade Program are sold at quarterly auctions and reserve sales. The Legislature and Governor appropriate proceeds from the sale of State-owned allowances for projects that support the goals of AB 32. Strategic investment of these proceeds furthers the goals of AB 32 by reducing GHG emissions, providing net GHG sequestration, and supporting the long-term, transformative efforts needed to improve public and environmental health and develop a clean energy economy.