H.R.2997 - Green Climate Fund Authorization Act of 2025 (119th Congress)
Summary
H.R.2997, the Green Climate Fund Authorization Act of 2025, authorizes appropriations of $4 billion for each of the fiscal years 2026 and 2027 for contributions to the Green Climate Fund (GCF). The bill outlines findings related to climate change impacts, particularly on vulnerable communities, and emphasizes the United States' responsibility to work with global partners on climate justice. It also references the Paris Agreement and the need for developed countries to provide financial resources to developing countries for mitigation and adaptation efforts.
Expected Effects
If enacted, this bill would provide substantial financial support to the Green Climate Fund, potentially aiding developing countries in their efforts to reduce greenhouse gas emissions and adapt to climate change. This could lead to increased international cooperation on climate issues and a greater focus on environmental justice. However, it would also increase US government spending, which could impact the federal budget.
Potential Benefits
- Supports climate change mitigation and adaptation efforts in developing countries.
- Promotes environmental and climate justice, particularly for vulnerable communities.
- Enhances international cooperation on climate change.
- Could stimulate innovation in green technologies.
- Aligns with the goals of the Paris Agreement.
Potential Disadvantages
- Increases US government spending, potentially impacting the federal budget and increasing the national debt.
- May face political opposition due to concerns about the effectiveness of the Green Climate Fund or the allocation of funds to other countries.
- Potential for funds to be misused or mismanaged by the Green Climate Fund.
- Could place an additional burden on US taxpayers.
- May not directly benefit the American people in the short term.
Most Disadvantaged Areas:
Constitutional Alignment
The bill's alignment with the US Constitution is indirect. Article I, Section 8, Clause 1, the "Spending Clause," grants Congress the power to collect taxes and provide for the general welfare of the United States. This bill falls under that power, as it appropriates funds for a specific purpose. However, the Constitution does not explicitly address international climate agreements or funding mechanisms. The bill's focus on international cooperation could also be seen as aligning with the President's power to make treaties with the advice and consent of the Senate (Article II, Section 2, Clause 2).
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).