Funding for projects that help the state meet its climate goals.
Proceeds from California’s Cap-and-Trade Program are deposited into the Greenhouse Gas Reduction Fund to fund projects that help the state meet its climate goals. These California Climate Investments are made through various programs for transportation and sustainable communities, clean and efficient energy, and natural resources and waste diversion. Cap-and-Trade funding opportunities for transportation and related sustainable communities projects are summarized below.
Affordable Housing & Sustainable Communities Program
Funds affordable housing and transportation projects that decrease vehicle miles traveled by increasing infill development and improving mobility options.
Community Air Protection Program
Funds projects that reduce mobile source emissions. This program is related to the Carl Moyer Program.
High Speed Rail
Provides funds to plan, design, build, and operate a California high-speed rail system.
High Speed Rail
Low Carbon Transit Operations Program
Funds projects by designated transportation planning agencies and transit operators that support bus or rail services, new transit routes, expansion of bus connections, fare reduction, voucher programs and more.
Low Carbon Transportation
Provides funds to accelerate the transition to low carbon passenger and freight transportation through incentive and loan programs.
Transit & Intercity Rail Capital
Funds transformative projects that modernize, improve, and expand rail, bus and ferry transit services.
Transformative Climate Communities
Funds coordinated, partnership projects that transform the environmental, health and economic outcomes of California’s most disadvantaged communities.