CONGRESS FOR VOTERS

DemocratBill · H.R. 2997· House(119-HR-2997)

Green Climate Fund Authorization Act of 2025

Rep. Espaillat
Age: 72 years
New York
Introduced
4/24/2025
Last activity
4/24/2025 — Referred to the House Committee on Foreign Affairs.
Sponsored by
Adriano Espaillat
Cosponsors
None
International Affairs
  1. Introduced
  2. In Committee

What this bill would do

H.R. 2997, the "Green Climate Fund Authorization Act of 2025," authorizes appropriations for climate financing. The bill outlines congressional findings regarding the impact of climate change on vulnerable communities and the necessity of international cooperation. It authorizes $4,000,000,000 for each of the fiscal years 2026 and 2027 for contributions to the Green Climate Fund.

Potential Positive Impacts for People:

  • Section 2 highlights that climate change disproportionately impacts vulnerable and disadvantaged communities both in the United States and globally. This acknowledgment can lead to increased awareness and targeted support for these communities.

  • Section 2 also emphasizes that communities of color, indigenous communities, and low-income communities are often on the frontlines of climate change and lack resources to mitigate its impacts. This can inform policies and programs that prioritize aid and protection for these populations.

  • Section 3 outlines a policy of the United States to provide climate financing that upholds the principles of environmental and climate justice, and promotes gender equality. These principles may create more equitable and sustainable development outcomes within climate projects.

Potential Negative Impacts for People:

  • The bill doesn't explicitly mention any potential negative impacts within the US.

Yes· 3 of 25

  • Does this send more money or help to other countries?+10

    The bill authorizes $8 billion in foreign climate financing for developing countries.

  • Does this cut the pollution that drives climate change?+9

    Finances projects that reduce or eliminate greenhouse gas emissions globally.

  • Does this put more money into wind, solar and other renewable power?+9

    Directs funds toward the transition to renewable energy in developing countries.

The opposite

  • Does this reduce what the federal government spends?-5

    The bill authorizes additional appropriations of $4 billion per year for two years.

  • Does this make the government pay for what it commits to?-3

    Increases public spending through new authorizations for international funds.

  • Does this reduce what the federal government owes?-2

    The bill authorizes $8 billion in new spending, which increases government expenditure.