42 U.S.C. § 17334 — Actions by United States International Development Finance Corporation
submitted 19 years ago by Pub. L. 110-140 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 164 words · no verdicts yet
Congress states that the United States International Development Finance Corporation should expand investment in clean and efficient energy technologies. The Corporation must describe its implementation activities—or explain why it did none—in its annual report.
(a) Sense of Congress. Congress believes the Corporation should promote more investment in clean and efficient energy technologies by (1) reaching out to United States companies interested in investing in countries that significantly contribute to global greenhouse-gas emissions, (2) giving preference when evaluating and awarding projects involving those technologies, and (3) using greater flexibility, including financing, insurance, and other assistance, for such projects. (b) Report. The Corporation must include in its annual report either (1) a description of activities implementing this section or (2) an explanation if it carried out none.
It is the sense of Congress that the United States International Development Finance Corporation should promote greater investment in clean and efficient energy technologies by—
proactively reaching out to United States companies that are interested in investing in clean and efficient energy technologies in countries that are significant contributors to global greenhouse gas* emissions;
giving preferential treatment* to the evaluation and awarding of projects that involve the investment or utilization of clean and efficient energy technologies; and
providing greater flexibility in supporting projects that involve the investment or utilization of clean and efficient energy technologies, including financing, insurance, and other assistance.
The United States International Development Finance Corporation shall include in its annual report required under section 9653 of title 22—
a description of the activities carried out to implement this section; or
if the Corporation did not carry out any activities to implement this section, an explanation of the reasons therefor.
Source credit: (Pub. L. 110–140, title IX, § 914, Dec. 19, 2007, 121 Stat. 1727; Pub. L. 115–254, div. F, title VI, § 1470(v)(1), Oct. 5, 2018, 132 Stat. 3519.)
- 2007Enacted · Pub. L. 110-140 · 121 Stat. 1727
- 2018Amended · Pub. L. 115-254 · 132 Stat. 3519
A history note hasn’t been published yet. The record shows enactment by Pub. L. 110-140 on 2007-12-19.
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