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Sanctions for Climate Recklessness and Deforestation: Protecting Global Environment.

This bill authorizes the US government to impose financial and visa sanctions on foreign individuals and entities that knowingly worsen climate change, primarily through excessive greenhouse gas emissions or illegal deforestation. The goal is to reinforce global climate efforts and protect environmental defenders facing violence and corruption abroad. While sanctions target foreign actors, they aim to stabilize the global climate, indirectly benefiting US citizens by mitigating severe weather risks.
Key points
The US can impose sanctions (visa bans, asset freezes) on foreign persons responsible for high greenhouse gas emissions or illegal destruction of carbon sinks (deforestation).
Sanctions can also be applied for misrepresenting a project's environmental impact (greenwashing) or for actions that harm environmental activists.
The law links climate destruction with human rights abuses and corruption, allowing the use of existing anti-corruption sanction tools (Global Magnitsky).
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Additional Information
Print number: 118_S_5306
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2024-11-13