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International program to support developing countries in climate change fight

This act aims to establish an international program supporting developing countries in protecting forests and ecosystems. Through this program, the United States will provide payments for projects that reduce greenhouse gas emissions and enhance carbon sequestration, helping to combat global climate change. Citizens may experience indirect benefits from an improved global environment.
Key points
Establishment of a results-based payment program for forest and ecosystem protection projects in developing countries.
Provision of technical assistance to developing countries for carbon market development.
Ensuring transparency and verification of projects to prevent double counting of emission reductions.
Promoting the meaningful participation of women, Indigenous Communities, and local stakeholders in project processes.
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Additional Information
Print number: 117_HR_5830
Sponsor: Rep. Hoyer, Steny H. [D-MD-5]
Process start date: 2021-11-03