CARB releases investment targets for administering agencies to identify program-level investment minimums to benefit disadvantaged communities, low-income communities, and low-income households for California Climate Investments programs funded in each fiscal year. CARB collaborates with agencies that administer California Climate Investments programs to develop individual targets for each program to drive investments that achieve direct and meaningful benefits to priority populations and help ensure that statutory requirements are met, which are described in AB 1550.
In November 2024, the Investment Targets for FY 2023-24 Funds were amended to reflect additional appropriations and updated targets.
