,,ii #aaf? ,,congress #a/ ,session ,s4 #biee ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,novemb] #ba1 #bjai,mr4 ,m>key introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to au?orize ! imposition ( sanctions ) respect to significant actions t exac]bate climate *ange1 to re9=ce compreh5sive ef=ts to limit global av]age temp]ature rise1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,t>get+ ,environm5tal & ,climate ,recklessness ,act ( #bjai4 #b4 ,f9d+s ,congress makes ! foll[+ f9d+s3 7#a7 ,!re is /rong global support = actions t limit ! sev]ity ( climate *ange4 7#b7 ,on ,septemb] #ah1 #bjai1 m ?an #bjj repres5tatives ( environm5tal gr\ps1 human rights gr\ps1 indig5\s peoples1 work]s1 & academia adopt$ a decl>ation call+ on gov]nm5ts to urg5tly address environm5tal damage1 includ+ by increas+ ! pressure on ^? mo/ responsible = climate *ange4 7#c7 ,! ,unit$ ,/ates ,gov]nm5t has develop$ & implem5ts t>get$ measures to re/rict access to ! ,unit$ ,/ates f9ancial sy/em = specific individuals & entities involv$ 9 conduct includ+ malici\s cyb]-enabl$ activity1 transnational organiz$ crime1 n>cotics traffick+1 t]rorism1 prolif]ation ( weapons ( mass de/ruction1 human rights abuse1 & corruption4 ,^? conduct-bas$ measures apply globally & are n focus$ on any specific c\ntry4 7#d7 ,z ( ! date ( ! enactm5t ( ?is ,act1 ! ,unit$ ,/ates ,gov]nm5t seeks to apply exi/+ sanctions au?orities aga9/ individuals & entities engag$ 9 wildlife traffick+4 ,on ,janu>y #cj1 #bjah1 ! ,(fice ( ,=eign ,assets ,control designat$ an organization = engag+ 9 illicit activities includ+ ! traffick+ ( endang]$ & vuln]able animals su* z black be>s1 pangol9s1 tig]s1 rh9oc]oses1 & elephants4 7#e7 ,climate *ange has disproportionate impact on poor] communities & individuals 9 less develop$ c\ntries4 ,t>get$ measures aga9/ individuals & entities mo/ responsible = exac]bat+ climate *ange c\ld help ensure t ef=ts to address climate *ange d n wors5 global inequality4 7#f7 ,developm5t ( c>bon-int5sive electrical p[] plants is cont9u+ across ! develop+ _w ?r\gh new =eign inve/m5ts1 despite broad aw>5ess ( ! dang]s4 7#g7 ,! curr5t inve/m5t plans ( c\ntries likely to receive significant =eign en]gy inve/m5ts may lead to an excess build-out ( fossil fuel assets & create c>bon lock-9 abs5t urg5t action4 7#h7 ,gov]nm5ts t are inve/+ 9 or direct+ =eign inve/m5t t[>d legacy fossil fuel en]gy g5]ation (t5 lack ! inc5tive to =mulate m effici5t or su/a9able national en]gy policies4 ,^? gov]nm5ts are ?us likely to default to e/abli%$ b h>mful =ms ( en]gy g5]ation4 7#i7 ,alt]natives to c>bon-int5sive electrical p[] g5]ation are n[ available & te*nological advancem5ts cont9ue to /r5g!n ! economic competitiv5ess ( su* alt]natives4 7#aj7 ,corruption is especially h>mful :5 individuals :o abuse positions ( influ5ce = p]sonal ga9 c simultane\sly cause great damage to ! global commons by facilitat+ significant increases 9 ! emission (1 or decreases 9 ! absorption (1 gre5h\se gases4 7#aa7 ,de=e/ation is d\bly damag+ because x und]cuts ! absorption ( c>bon dioxide1 :ile also rais+ gre5h\se gas emissions4 7#ab7 ,accord+ to ! ,int]gov]nm5tal ,panel on ,climate ,*ange1 mo/ pa?ways to limit w>m+ to well bel[ #b degrees ,celsius require r$uc$ de=e/ation 9 conc]t ) re=e/ation1 af=estation1 & bio5]gy ef=ts4 7#ac7 ,f #bjac to #bjai1 "s ( ! l>ge/ f9ancial in/itutions 9 ! _w provid$ t5s ( billions ( doll>s 9 f9anc+ to entities ei!r directly or indirectly de=e/+ ! l>ge/ ra9=e/s 9 ! _w4 ,mo/ f9ancial in/itutions h no int]nal policy cov]+ deal+s 9 key =e/-risk commodities4 7#ad7 ,on ,septemb] #bb1 #bjai1 #acj f9ancial in/itutions wor? #dg1jjj1jjj1jjj1jjj collectively1 repres5t+ #a_/c ( ! global indu/ry1 sign$ on to ! ,unit$ ,nations-back$ ,pr9ciples = ,responsible ,bank+1 committ+ to /rategically align _! bus9esses ) ! goals ( ! agreem5t ( ! p>ties to ! ,unit$ ,nations ,framework ,conv5tion on ,climate ,*ange1 done at ,p>is ,decemb] #ab1 #bjae1 & ent]$ into =ce ,novemb] #d1 #bjaf 79 ?is ,act ref]r$ to z ! ,p>is ,climate ,agreem5t71 & ! ,su/a9able ,developm5t ,goals adopt$ by all ,unit$ ,nations memb] c\ntries 9 #bjae4 7#ae7 ,illegal de=e/ation causes environm5tal h>m :ile promot+ crim9al activity4 ,9 ! ,brazilian ,amazon1 crim9al networks ) ! capacity to coord9ate l>ge-scale extraction1 process+1 & sale ( timb] deploy arm$ p]sonnel to protect _! int]e/s4 ,!y regul>ly kill & ?reat5 p :o /& 9 ! way ( crim9al activity1 includ+ memb]s ( indig5\s communities & environm5tal en=cem5t (ficials4 ,p]petrators ( viol5ce are r>ely br\ght to ju/ice4 7#af7 ,betwe5 #bjjb & #bjag1 #a1eeh p 9 #ej c\ntries 7 kill$ = def5d+ _! environm5ts & l&s4 ,environm5tal def5d]s curr5tly face a wave ( viol5ce t includes ?reats ( physical h>m1 intimidation1 & crim9alization4 7#ag7 ,policies & measures to address climate *ange mu/ also promote human rights1 !reby advanc+ equality1 ju/ice1 & dignity = all1 9 l9e ) ! ,su/a9able ,developm5t ,goals ( ! ,unit$ ,nations4 #c4 ,s5se ( ,congress on a compreh5sive approa* to address+ climate *ange ,x is ! s5se ( ,congress t-- 7#a7 ! re/rictive measures describ$ 9 ?is ,act are only "o compon5t ( ! compreh5sive approa* ne$$ to address climate *ange & mitigate its effects2 7#b7 ! ,unit$ ,/ates ,gov]nm5t mu/ ensure ?r\gh law & regulation t ,unit$ ,/ates entities are n engag$ 9 any ( ! egregi\s behaviors = :i* =eign p]sons may be t>get$ "u ?is ,act2 7#c7 ! ,unit$ ,/ates ,gov]nm5t mu/ recommit to ! ,p>is ,climate ,agreem5t & commit to any successor agreem5t2 7#d7 ! ,unit$ ,/ates ,gov]nm5t mu/ fulfill its pl$ges to ! ,gre5 ,climate ,fund & promote int]national ef=ts to support climate *ange adaptation & mitigation2 7#e7 ! ,unit$ ,/ates ,gov]nm5t mu/ "w proactively ) =eign gov]nm5ts1 includ+ by (f]+ positive inc5tives1 to address climate *ange & to promote economic developm5t 9 ways t d n ne$lessly increase c>bon emissions or increase ! risk ( corruption2 7#f7 ! re/rictive measures describ$ 9 ?is ,act %\ld be employ$ if engagem5t has fail$ to prev5t significant actions t exac]bate climate *ange2 & 7#g7 giv5 broad int]national support = c\nt]+ climate *ange1 ! ,secret>y ( ,/ate %\ld enc\rage ! gov]nm5ts ( o!r c\ntries to implem5t re/rictive measures t are simil> to ! provisions ( ?is ,act 9 ord] to increase ! effectiv5ess ( actions tak5 by ! ,unit$ ,/ates to combat significant actions t exac]bate climate *ange1 includ+ relat$ corruption & human rights violations4 #d4 ,s5se ( ,congress on engagem5t ) ! ,p's ,republic ( ,*9a ,x is ! s5se ( ,congress t-- 7#a7 ! ,unit$ ,/ates ,gov]nm5t %\ld enc\rage ! ,p's ,republic ( ,*9a to foll[ ?r\gh on its /at$ int5tions to r$uce ! negative environm5tal impacts ( ,*9ese =eign inve/m5t1 includ+ inve/m5ts provid$ ?r\gh ! ,belt & ,road ,initiative2 7#b7 ! ,unit$ ,/ates ,gov]nm5t %\ld negotiate a b9d+ agreem5t to end fossil fuel subsidies ) major economies includ+ ! ,p's ,republic ( ,*9a2 7#c7 ! ,unit$ ,/ates ,gov]nm5t %\ld build on ! successes ( exi/+ engagem5t ) ! ,p's ,republic ( ,*9a ?r\gh ! ,unit$ ,/ates-,*9a ,clean ,en]gy ,rese>* ,c5t] & o!r initiatives to laun* new coop]ative ef=ts2 7#d7 ! ,unit$ ,/ates ,gov]nm5t %\ld engage 9 exp&$ dialogue ) ! ,p's ,republic ( ,*9a to ensure t developm5t f9ance in/itutions d n und]m9e global dec>bonization ef=ts2 & 7#e7 ! ,unit$ ,/ates ,gov]nm5t %\ld "w ) ! ,p's ,republic ( ,*9a to develop & adopt safegu>ds to promote l[-c>bon1 climate-resili5t inve/m5ts ov] high-c>bon1 climate risk-induc+ inve/m5ts1 p>ticul>ly 9 em]g+ & develop+ economies 9 ! ,indo-,pacific1 ,africa1 & ,lat9 ,am]ica4 #e4 ,/atem5t ( policy on application ( ,global ,magnitsky sanctions to climate-l9k$ corruption & human rights abuses 7a7 ,9 g5]al ,x is ! policy ( ! ,unit$ ,/ates to consid]-- 7#a7 any act ( corruption relat$ to a cov]$ activity 7z def9$ 9 section #f7;h77 to be corruption1 z t t]m is us$ 9 ,executive ,ord] #achah 7#ej ,u4,s4,c4 #agja note2 relat+ to block+ ! prop]ty ( p]sons involv$ 9 s]i\s human rights abuse or corruption72 & 7#b7 any violation ( int]nationally recogniz$ human rights committ$ aga9/ an individual describ$ 9 subsection 7b7 to be a s]i\s human rights abuse1 z t t]m is us$ 9 t ,executive ,ord] #achah4 7b7 ,individuals describ$ ,an individual describ$ 9 ?is subsection is an individual-- 7#a7 seek+ to protect ! environm5t1 public heal?1 or community l& rights2 7#b7 seek+ to expose1 or raise aw>5ess (1 environm5tal damage2 or 7#c7 oblig$ to leave ! individual's habitual home due1 9 :ole or 9 "p1 to sudd5 or progressive *ange 9 ! environm5t t adv]sely affects ! individual's life or liv+ conditions4 #f4 ,imposition ( sanctions ) respect to significant actions t exac]bate climate *ange 7a7 ,s5se ( ,congress ,x is ! s5se ( ,congress t ! ,presid5t %\ld employ ! au?orities provid$ by ?is section to prioritize action aga9/1 & det]r5ce (1 egregi\s behaviors t und]m9e ef=ts to limit ! increase 9 global av]age temp]ature to #a4e degrees ,celsius above pre-indu/rial levels4 7b7 ,9 g5]al ,! ,presid5t may impose "o or m ( ! sanctions describ$ 9 subsection 7c7 ) respect to any =eign p]son ! ,presid5t det]m9es1 bas$ on cr$ible in=mation-- 7#a7 to be responsible = or complicit 91 or to h directly or indirectly engag$ 91 a cov]$ activity1 includ+ a gov]nm5t (ficial :o approves or implem5ts policies or acts t s]ve to promote a cov]$ activity2 7#b7 to h act$ or purport$ to act = or on behalf (1 directly or indirectly1 any =eign p]son 9 a matt] relat+ to a cov]$ activity1 includ+ = or on behalf ( a gov]nm5t (ficial describ$ 9 p>agraph 7#a72 7#c7 to h mat]ially assi/$1 sponsor$1 or provid$ f9ancial1 mat]ial1 or te*nological support =1 or goods or s]vices to or 9 support (1 a cov]$ activity2 or 7#d7 to be own$ or controll$ by a =eign p]son describ$ 9 p>agraph 7#a74 7c7 ,sanctions describ$ ,! sanctions t may be impos$ ) respect to a =eign p]son "u subsection 7b7 are ! foll[+3 7#a7 ,inadmissibility to ,unit$ ,/ates ,9 ! case ( a =eign p]son :o is an individual-- 7,a7 ineligibility to receive a visa to ent] ! ,unit$ ,/ates or to be admitt$ to ! ,unit$ ,/ates2 or 7,b7 if ! individual has be5 issu$ a visa or o!r docum5tation1 revocation1 9 accordance ) section #bba7;i7 ( ! ,immigration & ,nationality ,act 7#h ,u4,s4,c4 #abja7;i771 ( ! visa or o!r docum5tation4 7#b7 ,block+ ( prop]ty 7,a7 ,9 g5]al ,! block+1 9 accordance ) ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja et seq471 ( all transactions 9 all prop]ty & int]e/s 9 prop]ty ( ! =eign p]son if su* prop]ty & int]e/s 9 prop]ty are 9 ! ,unit$ ,/ates1 come )9 ! ,unit$ ,/ates1 or are or come )9 ! possession or control ( a ,unit$ ,/ates p]son4 7,b7 ,inapplicability ( national em]g5cy requirem5t ,! requirem5ts ( section #bjb ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agja7 %all n apply = purposes ( ?is p>agraph4 7#c7 ,o!r sanctions options ,any ( ! sanctions describ$ 9 section #bce ( ! ,c\nt]+ ,am]ica's ,adv]s>ies ,?r\gh ,sanctions ,act 7#bb ,u4,s4,c4 #iebi74 7d7 ,consid]ation ( c]ta9 in=mation 9 impos+ sanctions ,9 det]m9+ :e!r to impose sanctions "u subsection 7b71 ! ,presid5t %all consid]-- 7#a7 in=mation provid$ jo9tly by ! *airp]son & rank+ memb] ( ea* ( ! appropriate congressional committees2 & 7#b7 cr$ible in=mation obta9$ by o!r c\ntries & nongov]nm5tal organizations t monitor environm5tal h>m or violations ( human rights4 7e7 ,reque/s by appropriate congressional committees 7#a7 ,9 g5]al ,n lat] ?an #abj days aft] receiv+ a reque/ t meets ! requirem5ts ( p>agraph 7#b7 ) respect to :e!r a =eign p]son has engag$ 9 an action describ$ 9 subsection 7a71 ! ,presid5t %all-- 7,a7 det]m9e if t p]son has engag$ 9 su* an action2 & 7,b7 submit a classifi$ or unclassifi$ report to ! *airp]son & rank+ memb] ( ! committee or committees t submitt$ ! reque/ ) respect to t det]m9ation t includes-- 7i7 a /atem5t ( :e!r or n ! ,presid5t impos$ or int5ds to impose sanctions ) respect to ! p]son2 & 7ii7 if ! ,presid5t impos$ or int5ds to impose sanctions1 a description ( ^? sanctions4 7#b7 ,requirem5ts ,a reque/ "u p>agraph 7#a7 ) respect to :e!r a =eign p]son has engag$ 9 an action describ$ 9 subsection 7b7 %all be submitt$ to ! ,presid5t 9 writ+ jo9tly by ! *airp]son & rank+ memb] ( "o ( ! appropriate congressional committees4 7f7 ,exceptions 7#a7 ,intellig5ce & law en=cem5t activities ,sanctions "u ?is section %all n apply ) respect to-- 7,a7 any activity subject to ! report+ requirem5ts "u title ,v ( ! ,national ,security ,act ( #aidg 7#ej ,u4,s4,c4 #cjia et seq472 or 7,b7 any au?oriz$ intellig5ce or law en=cem5t activities ( ! ,unit$ ,/ates4 7#b7 ,compliance ) unit$ nations headqu>t]s agreem5t ,?is section %all n apply ) respect to ! admission ( an individual to ! ,unit$ ,/ates if ! admission ( ! individual is necess>y to comply ) ,unit$ ,/ates obligations "u ! ,agreem5t betwe5 ! ,unit$ ,nations & ! ,unit$ ,/ates ( ,am]ica reg>d+ ! ,headqu>t]s ( ! ,unit$ ,nations1 sign$ at ,lake ,success ,june #bf1 #aidg1 & ent]$ into =ce ,novemb] #ba1 #aidg1 "u ! ,conv5tion on ,consul> ,relations1 done at ,vi5na ,april #bd1 #aifc1 & ent]$ into =ce ,m>* #ai1 #aifg1 or "u o!r int]national obligations ( ! ,unit$ ,/ates4 7#c7 ,exception relat+ to importation ( goods 7,a7 ,9 g5]al ,! au?ority to block & prohibit all transactions 9 all prop]ty & int]e/s 9 prop]ty "u ?is section %all n include ! au?ority to impose sanctions on ! importation ( goods4 7,b7 ,good def9$ ,9 ?is p>agraph1 ! t]m good means any article1 natural or man-made sub/ance1 mat]ial1 supply or manufactur$ product1 includ+ inspection & te/ equipm5t1 & exclud+ te*nical data4 7g7 ,implem5tation2 p5alties 7#a7 ,implem5tation ,! ,presid5t may ex]cise all au?orities provid$ "u sections #bjc & #bje ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agjb & #agjd7 to c>ry out ?is section4 7#b7 ,p5alties ,a p]son t violates1 attempts to violate1 conspires to violate1 or causes a violation ( ?is section or any regulation1 lic5se1 or ord] issu$ to c>ry out ?is section %all be subject to ! p5alties set =? 9 subsections 7b7 & 7c7 ( section #bjf ( ! ,int]national ,em]g5cy ,economic ,p[]s ,act 7#ej ,u4,s4,c4 #agje7 to ! same ext5t z a p]son t commits an unlawful act describ$ 9 subsection 7a7 ( t section4 7h7 ,report requir$ ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft]1 ! ,secret>y ( ,en]gy1 9 consultation ) ! ,secret>y ( ,/ate & ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 %all submit to ! appropriate congressional committees a report t includes a li/ ( ea* activity 9 a =eign c\ntry t-- 7#a7 is initiat$ or negotiat$ 9 ! ye> prec$+ submission ( ! report2 & 7#b7 ! ,secret>y det]m9es is a cov]$ activity1 reg>dless ( :e!r sanctions h be5 impos$ ) respect to ! activity4 7i7 ,def9itions ,9 ?is section3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,environm5t & ,public ,works & ! ,committee on ,=eign ,relations ( ! ,s5ate2 & 7,b7 ! ,committee on ,en]gy & ,comm]ce & ! ,committee on ,=eign ,affairs ( ! ,h\se ( ,repres5tatives4 7#b7 ,c>bon s9k ,! t]m c>bon s9k means a feature or process t absorbs m c>bon f ! atmosph]e ?an x releases4 7#c7 ,cov]$ activity ,! t]m cov]$ activity means any activity 9 a =eign c\ntry t1 on or aft] ! date ( ! enactm5t ( ?is ,act-- 7,a7 causes1 or is likely to cause1 significant excess gre5h\se gas emissions associat$ ) electrical p[] g5]ation1 includ+-- 7i7 con/ruction1 importation1 or exportation ( subcritical coal-fir$ p[] plants2 or 7ii7 any action t significantly und]m9es1 z a result ( tim+ or magnitude1 adoption 9 ! c\ntry ( high-effici5cy1 l[-c>bon1 or r5ewable en]gy te*nology or infra/ructure2 7,b7 causes1 or is likely to cause1 significant or illegal de=e/ation or loss ( natural c>bon s9ks1 includ+-- 7i7 e/abli%m5t ( inc5tives =1 or promotion (1 sy/ematic de=e/ation2 7ii7 engagem5t 91 or failure to combat1 illegal logg+1 m9+1 or ran*+2 or 7iii7 unju/ actions t limit or circumv5t opposition to de=e/ation by individuals seek+ to protect ! environm5t1 public heal?1 or community l& rights2 or 7,c7 kn[+ly misrepres5ts ! environm5tal impact ( a project1 inve/m5t1 or product1 includ+ misrepres5t+ ! am\nt ( gre5h\se gas emissions associat$ ) ! project1 inve/m5t1 or product1 9 ! context (-- 7i7 assessm5ts conduct$ by multilat]al organizations1 national gov]nm5ts1 or inve/ors2 or 7ii7 public ef=ts to ga9 m>ket advantage bas$ on purport$ environm5tal advantages ( a product4 7#d7 ,kn[+ly ,! t]m kn[+ly1 ) respect to conduct1 a circum/ance1 or a result1 means t a p]son has actual k1 or %\ld h kn[n1 ( ! conduct1 ! circum/ance1 or ! result4 7#e7 ,=eign p]son ,! t]m =eign p]son means a p]son t is n a ,unit$ ,/ates p]son4 7#f7 ,subcritical coal-fir$ p[] plant ,! t]m subcritical coal-fir$ p[] plant means a coal-fir$ p[] plant ) c>bon int5sity equal to or great] ?an #hhj kilograms ( c>bon dioxide p] megawatt-h\r4 7#g7 ,unit$ ,/ates p]son ,! t]m ,unit$ ,/ates p]son means-- 7,a7 a ,unit$ ,/ates citiz5 or an ali5 lawfully admitt$ = p]man5t resid5ce to ! ,unit$ ,/ates2 or 7,b7 an entity organiz$ "u ! laws ( ! ,unit$ ,/ates or ( any jurisdiction )9 ! ,unit$ ,/ates1 includ+ a =eign bran* ( su* an entity4 #g4 ,additional res\rces = ! ,(fice ( ,=eign ,assets ,control ,!re are au?oriz$ to be appropriat$ to ! ,secret>y ( ! ,treasury su* sums z may be necess>y to support ! t>get+ by ! ,(fice ( ,=eign ,assets ,control ( p]sons "u ?is ,act & to enhance ! ability ( t ,(fice to t>get p]sons = ! imposition ( sanctions "u ! ,global ,magnitsky ,human ,rights ,acc\ntability ,act 7subtitle ,f ( title ,,xii ( ,public ,law #aad-cbh2 #bb ,u4,s4,c4 #bfef note74