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Code · STATUTE-COMPILATIONS · provide for increased participation by the United States in the International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation, · Sec. 1308

Sec. 1308. CLIMATE CHANGE MITIGATION AND GREENHOUSE GAS ACCOUNTING

282 words·~1 min read·/statute-compilations/comps-1356/sec-1308

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## SEC. 1308 CLIMATE CHANGE MITIGATION AND GREENHOUSE GAS ACCOUNTING **[**[22 U.S.C. 262m–8](/us/usc/t22/s262m–8)**]** ###
(a)Use of Greenhouse Gas Accounting The Secretary of the Treasury shall seek to ensure that multilateral development banks (as defined in section 1701(c)(4) of this Act) adopt and implement greenhouse gas accounting in analyzing the benefits and costs of individual projects (excluding those with de minimus greenhouse gas emissions) for which funding is sought from the bank. ###
(b)Expansion of Climate Change Mitigation Activities The Secretary of the Treasury shall work to ensure that the multilateral development banks (as defined in section 1701(c)(4)) expand their activities supporting climate change mitigation by— ####
(1)significantly expanding support for investments in energy efficiency and renewable energy, including zero carbon technologies; ####
(2)reviewing all proposed infrastructure investments to ensure that all opportunities for integrating energy efficiency measures have been considered; ####
(3)increasing the dialogue with the governments of developing countries regarding— #####
(A)analysis and policy measures needed for low carbon emission economic development; and #####
(B)reforms needed to promote private sector investments in energy efficiency and renewable energy, including zero carbon technologies; and ####
(4)integrate low carbon emission economic development objectives into multilateral development bank country strategies. ###
(c)Report to Congress Not later than 1 year after the date of the enactment of this section, and annually thereafter, the Secretary of the Treasury shall submit a report on the status of efforts to implement this section to the Committee on Foreign Relations and the Committee on Appropriations of the Senate and the Committee on Financial Services and the Committee on Appropriations of the House of Representatives. # TITLE XIV AGRICULTURAL AND COMMODITY PRODUCTION
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  • 22 USC 262m–8
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Sec. 1308
CLIMATE CHANGE MITIGATION AND GREENHOUSE GAS ACCOUNTING
Cite22 USC 262m–8
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