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MPLE1 \ \ <br /> AND REPORTING <br /> BUDGET <br /> In 2019, the Board of Commissioners created the Community Climate Action <br /> Grant Program (CCAG)to help meet adopted goals that would uphold the Paris <br /> Agreement and achieve 100% renewable energy by 2050. The Community <br /> Climate Action Grant Program provides funding for impactful public, non- <br /> profit, and small business projects, such as solar power at school districts and <br /> weatherizing affordable housing. The County will allocate a portion of those <br /> funds to incentivize participation in climate action projects identified within <br /> the CAP. <br /> In addition to the grant program, a review of the Sustainability budget will need <br /> to be revisited. <br /> FUNDING PLAN <br /> Securing the necessary funding to effectively execute the CAP demands a <br /> diverse range of funding strategies and avenues. An integral facet of this <br /> financial approach is identifying potential external funding sources,particularly <br /> for actions that require additional support. Recognizing that certain strategies <br /> might surpass the County's current resources, tapping into external funding <br /> becomes essential. Within this framework, specific funding sources are <br /> identified where known.The implementation year for each strategy is selected <br /> based on the prioritization score, as well as the Top 10 commitments, as <br /> introduced in the CAP's Executive Summary. An imminent implementation <br /> year signifies a high prioritization score for that strategy, while a later year <br /> means a comparatively lower score. <br /> The cost estimates are indicative only; they are based on preliminary <br /> assessments, comparisons with similar programs, and expert input and are <br /> meant to provide a rough order of magnitude evaluation. For example, several <br /> of the strategies involve efforts of County staff. In these cases a percentage <br /> of a staff's time, reflected as a portion of a "full time equivalent" has been <br /> estimated. In other cases, estimated costs of newly purchased goods and <br /> services are used.' An inflation factor of 3% year-over-year was applied to the <br /> estimated costs. <br /> 2 The full description for all costs has been provided to the County, in a Climate Action <br /> Tracker,which accompanied this CAP,and is available upon request. <br /> so 2023 CLIMATE ACTION PLAN ORANGE COUNTY, NORTH CAROLINA <br />