The bill aims to support financing of affordable and reliable energy projects by international financial institutions.
The Combating Global Poverty Through Energy Development Act directs the Secretary of the Treasury to oppose restrictions on financing coal, oil, natural gas, and civil nuclear energy projects by international financial institutions. It also requires the Secretary to pursue policy changes at the International Bank for Reconstruction and Development to reverse restrictions on coal, oil, and nuclear energy financing. The bill limits funding for the International Bank for Reconstruction and Development until the Secretary certifies policy changes.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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