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To provide for a limitation on availability of funds for Global Environment Facility for fiscal year 2024.

12/12/2023, 5:15 PM

Summary of Bill HR 2357

Bill 118 hr 2357, also known as the "Limitation on Availability of Funds for Global Environment Facility for Fiscal Year 2024 Act," aims to restrict the amount of funds that can be allocated to the Global Environment Facility (GEF) for the fiscal year 2024. The GEF is an international organization that provides financial support for projects aimed at addressing global environmental issues such as climate change, biodiversity loss, and pollution.

The bill proposes to limit the availability of funds for the GEF in order to ensure that taxpayer dollars are being used effectively and efficiently. By placing restrictions on the amount of funding that can be allocated to the GEF, the bill aims to hold the organization accountable for how it uses the funds it receives.

Supporters of the bill argue that it is necessary to ensure that the GEF is using taxpayer dollars responsibly and that the organization is achieving measurable results in addressing global environmental challenges. Critics of the bill, however, may argue that limiting funding for the GEF could hinder its ability to carry out important environmental projects and initiatives. Overall, Bill 118 hr 2357 seeks to impose restrictions on the availability of funds for the GEF in order to promote accountability and effectiveness in the organization's use of taxpayer dollars for environmental projects in fiscal year 2024.

Current Status of Bill HR 2357

Bill HR 2357 is currently in the status of Bill Introduced since March 29, 2023. Bill HR 2357 was introduced during Congress 118 and was introduced to the House on March 29, 2023.  Bill HR 2357's most recent activity was Referred to the House Committee on Financial Services. as of March 29, 2023

Bipartisan Support of Bill HR 2357

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
10
Democrat Cosponsors
0
Republican Cosponsors
10
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2357

Primary Policy Focus

International Affairs

Alternate Title(s) of Bill HR 2357

To provide for a limitation on availability of funds for Global Environment Facility for fiscal year 2024.
To provide for a limitation on availability of funds for Global Environment Facility for fiscal year 2024.

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