With billions of dollars expected for the Greenhouse Gas Reduction Fund (the Fund), California has a tremendous opportunity to make smart investments that will combat climate change while maximizing environmental, public health and economic benefits for disadvantaged communities. SB 535 (de Leόn) requires that at least 25 percent of the moneys in the Fund go to projects that benefit disadvantaged communities. To support the development of an analytical and equitable approach for this process, the UCLA Luskin Center is collaborating with the SB 535 Quad and others to convene leading experts from government, academia, and community-based organizations. Objectives include:
- Advance criteria and metrics to help the State make strategic investment decisions with the Greenhouse Gas Reduction Fund in, for and with disadvantaged communities.
- Begin to rank programs for funding prioritization based on these criteria and metrics.
- Recommend how these programs could be best implemented, used and even modified or augmented to maximize benefits in disadvantaged communities
A report with recommendations for State decision makers will be released by the Luskin Center after the workshop.
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