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Code · BILL · 117th Congress · S. 4112 (Introduced in Senate) — To address issues involving the economic statecraft of the United States, and for other purposes. · Sec. 215

Sec. 215. United States and European Union cooperation on climate finance for developing countries

266 words·~1 min read·/bill/117/s/4112/is/section-215

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It is the sense of Congress that the United States should restore its historic alliance with countries of the European Union regarding climate action by renewing the commitment to advancing shared values, principles, goals, and global cooperation for addressing climate change and achieving the goals of the decision of the 21st Conference of Parties to the United Nations Framework Convention on Climate Change adopted in Paris December 12, 2015 (commonly known as the Paris Agreement ).
The Chief Executive Officer of United States International Development Finance Corporation shall partner with the European Bank for Reconstruction and Development to establish the Discretionary Clean Energy Development Finance Fund. Title V of the Support for East European Democracy
(SEED)Act of 1989 ( 22 U.S.C. 5451 et seq. ) is amended by adding at the end the following: The Administrator of the United States Agency for International Development, in consultation with the Secretary of State, the Secretary of Energy, and the Secretary of Commerce, is authorized to establish a program to support workers and communities in Eastern European countries that are struggling with the transition from fossil fuel dependent economies to clean energy economies. There is authorized to be appropriated, for each of the fiscal years 2023 through 2027, such sums as may be necessary to carry out the program authorized under subsection (a). . The Secretary of State, in consultation with the Secretary of Commerce and the Secretary of Energy, shall seek to establish a formal United States-European Union Working Group that will develop a strategy to respond to the People’s Republic of China’s Belt and Road Initiative.
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Sec. 215
United States and European Union cooperation on climate finance for developing countries
U.S.C.§ 5451
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