Bill · S. 3123· Senate(119-S-3123)
Sustainable International Financial Institutions Act of 2025
- Introduced
- 11/6/2025
- Last activity
- 11/6/2025 — Read twice and referred to the Committee on Foreign Relations.
- Sponsored by
- Jeff Merkley
- Cosponsors
- - 0 - 0
- Introduced
- In Committee
What this bill would do
The Sustainable International Financial Institutions Act of 2025 requires U.S. representatives at international financial institutions to use their vote to transition the global economy to clean energy. It directs the U.S. to oppose funding for new or expanded fossil fuel activity, including refurbishing existing capacity. The bill also supports phasing out funding for internal combustion engine passenger vehicles and buses by 2027. To enforce this, the Treasury Secretary would reduce U.S. contributions to institutions that fund fossil fuels and place those funds in an escrow account. Additionally, the bill prohibits direct or indirect U.S. government assistance to any country or entity for fossil fuel activities or related infrastructure.
Yes· 3 of 12
Does this reduce how much oil, gas and coal is produced?+9
The bill prohibits US funding for new or expanded fossil fuel activity and infrastructure.
Does this cut the pollution that drives climate change?+8
The bill actively pushes for a transition to a clean energy economy and opposes fossil fuel expansion.
Does this put more money into wind, solar and other renewable power?+8
It directs the US to channel international assistance toward clean and sustainable energy systems.
The opposite· 3 of 4
Does this send more money or help to other countries?-5
The bill prohibits US foreign assistance and loans for any fossil fuel activities or related infrastructure.
Would business owners be better off under this?-4
Negatively impacts owners of fossil-fuel related businesses and infrastructure.
Is this likely to lower the price at the pump?-3
Restricting fossil fuel investment and production could potentially lead to higher energy costs in the short term.
Who it would affect, and how
Potential Positive Impacts for People
-
Transition to Clean Energy: The bill seeks to channel assistance toward countries and entities building clean and sustainable energy systems, which advances the cause of reducing greenhouse gas emissions (Section 2001(a)(1)).
-
Phasing Out Combustion Engines: It supports the transition away from internal combustion engines for buses and passenger vehicles by 2027, specifically noting this should be done in a way that is sensitive to communities needing mobility (Section 2001(a)(3)).
Potential Negative Impacts for People
-
Loss of Financial Assistance: The bill prohibits the U.S. from providing loans, insurance, guarantees, or technical assistance for any fossil fuel activity or related infrastructure projects through agencies like USAID and the Export-Import Bank (Section 3).
-
Reduced Institutional Funding: U.S. contributions to various international financial institutions, such as the World Bank and African Development Bank, would be reduced if those institutions fund new fossil fuel capacity, with funds being moved to an escrow account (Section 2001(b)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Reduces Fossil Fuel Production+9Increases Renewable Energy Investment+8Reduces Carbon Emissions+8Improves Environmental Protections+7Improves Public Transit+4Reduces Gas Prices-3
- National Security And Foreign Policy
- Increases Foreign Aid-5
- Governance And Ideology
- Improves Government Transparency+2Increases Federal Power+2
- Demographic And Interest Groups
- Good For Children+3Good For Young Adults+3Good For Low Income Households+2Good For Urban Residents+2Good For Business Owners-4Good For Billionaires-3
- Economy And Finance
- Reduces Government Spending+2
- 11/6/2025
- Read twice and referred to the Committee on Foreign Relations.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Bernie SandersIndependent · Vermont