HR 5775
Sustainable International Financial Institutions Act of 2021
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill, the Sustainable International Financial Institutions Act of 2021, aims to shift global economic policy towards clean energy. It directs U.S. representatives at international financial institutions to oppose investments in fossil fuels and promote sustainable energy systems. The bill also establishes a mechanism to reduce U.S. contributions to these institutions based on their fossil fuel-related activities, with funds held in escrow and released when the institutions cease supporting such projects. Finally, it prohibits the U.S. from providing financial assistance to countries or entities involved in fossil fuel activities.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsors
Alan S. Lowenthal
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.