In November 2024, California voters approved a $10 billion General Obligation Bond called the Safe Drinking Water, Wildfire Prevention, Drought Preparedness, and Clean Air Bond Act of 2024. It is also commonly known as the “Climate Bond.” This bond allocates $10 billion across state agencies to confront climate change, protect California communities and nature from its impacts, and improve the lives of Californians. State agencies, in turn, provide this funding to a broad range of entities to implement projects across our state.
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