S 1783
Combating Global Poverty Through Energy Development Act
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Bill overview
This bill, the Combating Global Poverty Through Energy Development Act, aims to support energy projects in developing countries by directing the United States to oppose restrictions imposed by international financial institutions on financing coal, oil, natural gas, and civil nuclear energy. It specifically instructs the U.S. Executive Director at these institutions to reverse policies that limit financing for these energy sources and requires a report detailing efforts to do so. The bill also includes a provision limiting funding to the International Bank for Reconstruction and Development until the bank rescinds restrictions on these energy projects and adopts a policy promoting their financing.
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