HR 2969 · 106th Congress · Foreign Trade and International Finance
Ecosystem and Indigenous Peoples Protection Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Domestic and International Monetary Policy.(1999-10-08)
Plain Language Summary
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Ecosystem and Indigenous Peoples Protection Act - Expresses congressional pleasure that the institutions of the World Bank Group have adopted environmental assessment and information access procedures, but states the sense of Congress that the World Bank Group has not made significant progress in complying with environmental and social mandates. Amends the International Financial Institutions Act to provide that no U.S. funds may be made available to the World Bank Group: (1) if a determination is made that the use of any part of the funds will have a significant adverse environmental impact, or will violate an environmental or social policy of the World Bank Group; (2) if there is significant involuntary resettlement (with an exception); or (3) if a 'pay-for-performance policy' (requiring pay reduction or termination of employees involved in projects violating environmental or social policies) has not been implemented. Requires the Secretary of the Treasury to instruct U.S. executive directors in the World Bank Group to use their influence to achieve funding conditions. Provides for enforcement through payment reductions. Calls for public release of information on non- complying p…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
13 Democrats7 Republicans