A bill to prohibit the United States International Development Finance Corporation from imposing restrictions on the source of energy used by power-generation projects intended to provide affordable electricity in IDA-eligible countries or IDA-blend countries and to require the Corporation to promote a technology- and fuel-neutral, all-of-the-above energy development strategy for such countries.
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Jul 28, 2021)
This bill prohibits the U.S. International Development Finance Corporation from prohibiting or restricting the source of energy used by a power-generation project that has as its purpose the provision of affordable electricity in certain countries. Such countries are those that are eligible for support either solely from the International Development Association (IDA) or jointly from the IDA and the International Bank for Reconstruction and Development.
Further, the corporation (1) may not reject a power-generation project in such a country based on the source of energy used by the project; and (2) must promote a technology- and fuel-neutral energy development strategy for such countries that includes the use of oil, natural gas, coal, hydroelectric, wind, solar, and geothermal power and other sources of energy.
What just happenedJul 28, 2021
Read twice and referred to the Committee on Foreign Relations.
Who’s behind it
- Introduced in SenateJul 28, 2021
- Jul 28, 2021IntroReferral
Read twice and referred to the Committee on Foreign Relations.
Foreign Relations Committee - Jul 28, 2021IntroReferral10000
Introduced in Senate