Bill > HR2997

This bill, known as the Green Climate Fund Authorization Act of 2025, aims to provide significant financial support to address global climate change challenges. The bill authorizes $4 billion in appropriations for each of the fiscal years 2026 and 2027 to be contributed to the Green Climate Fund (GCF), a multilateral fund established to help developing countries mitigate and adapt to climate change. The legislation emphasizes the disproportionate impact of climate change on vulnerable communities, particularly communities of color, indigenous peoples, and low-income populations, and recognizes the historical responsibility of developed countries to support climate action. The bill establishes a policy framework that prioritizes environmental and climate justice, requiring climate financing to be implemented with the consent of impacted communities, promote gender equality, respect human rights, and address both greenhouse gas emission reduction and climate adaptation. The bill highlights the insufficient current global financial flows for climate adaptation, noting that the United Nations estimates adaptation needs in developing countries could reach $300 billion annually by 2030. The legislation underscores the importance of the Paris Agreement and the need for a comprehensive, equitable global response to climate change, while acknowledging that the authorized funding is likely less than the total financial requirements to effectively combat global warming.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/house-bill/2997/all-info