Title 22 › Chapter 7— INTERNATIONAL BUREAUS, CONGRESSES, ETC. › § 262l–3
Requires the Treasury Secretary to tell U.S. directors at multilateral development banks to push certain environmental and energy policies and to hold talks with OECD governments to build support. The Treasury must report progress to the Appropriations Committees by March 1, 1993, and must report to Congress on MDB progress by March 1, 1993 and March 1, 1994. The MDBs must work toward benchmarks in four areas: sustainable energy (use least-cost planning that compares efficiency and renewable options and counts environmental costs; fund a large share of projects to efficiency and renewables; create management staff with technical experience), forest conservation (no support for commercial logging or major new roads in undisturbed primary forests unless safeguards and monitoring exist; require sustainable legal and policy conditions before loans; respect indigenous rights; increase support for biodiversity), forced displacement (list projects that displace people, report numbers and resettlement status, and come into full compliance by mid-1993; African Development Bank must adopt similar rules), and environmental impact assessment (make draft and final reports public with chances to comment; apply assessments to sector and structural adjustment loans; include global impacts; let environmental unit heads decide the type of analysis). The Agency for International Development (USAID) must keep carrying out the Global Warming Initiative and put strategies like forest conservation, end-use energy efficiency, least-cost planning, and renewable energy into country programs. At least $650,000,000 of the Title II USAID funds must go to environment and energy. Specific minimums include: $20,000,000 for biodiversity (including $5,000,000 for Parks in Peril, $1,500,000 for the NSF international biodiversity program, $750,000 for the Neotropical Bird Conservation Initiative, and up to $2,000,000 for Project Noah); $15,000,000 for replicable renewable energy projects and at least five new renewable activities in fiscal year 1993; $7,000,000 for elephant conservation; $25,000,000 for USAID’s Office of Energy; and up to $50,000,000 for the “Forests for the Future Initiative” and a Global Forest Agreement. Additional targets are $50,000,000 for the Global Environment Facility, $10,000,000 total for CORECT, the Environmental Technology Export Council, and the International Fund for Renewable Energy Efficiency, and $55,000,000 for Global Warming Initiative activities. Funds may pay for staff working on these environment and energy efforts. Of funds under section 2763, at least $15,000,000 must go to African countries for conservation and biological diversity.
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Foreign Relations and Intercourse, Source: USLM XML via OLRC
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22 U.S.C. § 262l–3
Title 22, Foreign Relations and Intercourse
Last Updated
Apr 5, 2026
Release point: 119-73not60