Understanding Cap and Invest Reforms and California’s Climate and Affordability Investments

In May, the California Air Resources Board (CARB) approved changes to the Cap and Invest program that could mean $2 billion per year in lost funding for the Greenhouse Gas Reduction Fund (GGRF), impacting affordable housing, public transit, clean air, clean water, and other statewide climate investments. This briefing will cover those changes, what they mean for California’s climate targets and GGRF investments, and what the legislature can do this session to best serve Californians.

Additional speakers to be announced.

Speakers

Allison Hilliard (Moderator)

Government Affairs Director

Allison joined The Climate Center in January of 2025 as the Legislative Manager. In this role, she works closely with the initiative leaders and other staff to ensure California implements policies that effectively reduce climate pollution and secure resilient communities. Allison is The Climate Center’s voice in Sacramento, representing the organization to advocate and build coalitions and partnerships to support The Climate Center’s goals and secure a climate-safe future for all. 

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