Sustainable International Financial Institutions Act of 2021

Bill 117 hr 5775, also known as the Sustainable International Financial Institutions Act of 2021, aims to promote sustainable development and environmental protection through the United States' participation in international financial institutions. The bill seeks to ensure that these institutions prioritize projects that support sustainable development goals, such as reducing poverty, promoting gender equality, and combating climate change.

The legislation requires the United States to advocate for increased transparency and accountability within international financial institutions, as well as for the inclusion of civil society organizations in decision-making processes. Additionally, the bill calls for the institutions to prioritize projects that benefit marginalized communities and promote social and economic inclusion.

Furthermore, the Sustainable International Financial Institutions Act of 2021 mandates that the United States work with other countries to address issues such as corruption, human rights abuses, and environmental degradation within international financial institutions. The bill also emphasizes the importance of promoting good governance and anti-corruption measures in order to ensure that funds are used effectively and efficiently. Overall, the goal of Bill 117 hr 5775 is to ensure that international financial institutions play a key role in promoting sustainable development and environmental protection around the world, while also upholding principles of transparency, accountability, and good governance.