§262m–8 Climate change mitigation and greenhouse gas accounting

Summary

The Treasury Secretary must push international development banks to use greenhouse gas accounting when they study the benefits and costs of projects they fund, except for projects with very small emissions. The Secretary must also push those banks to expand climate work by boosting support for energy efficiency and renewable (including zero‑carbon) technologies; checking infrastructure plans for energy‑saving options; working with developing countries on low‑carbon policies and ways to attract private investment; and adding low‑carbon goals to country strategies. Within 1 year after June 24, 2009, and every year after, the Secretary must send a progress report to the Senate Committee on Foreign Relations, the Senate Committee on Appropriations, the House Committee on Financial Services, and the House Committee on Appropriations.