42 U.S.C. § 13388. Global Climate Change Response Fund
- (a)(a)
Establishment of Fund
The Secretary of the Treasury, in consultation with the Secretary of State, shall establish a Global Climate Change Response Fund to act as a mechanism for United States contributions to assist global efforts in mitigating and adapting to global climate change. - (b)(b)
Restrictions on deposits
No deposits shall be made to the Global Climate Change Response Fund until the United States has ratified the United Nations Framework Convention on Climate Change. - (c)(c)
Use of Fund
Moneys deposited into the Fund shall be used by the President, to the extent authorized and appropriated under section 2222 of title 22, solely for contributions to a financial mechanism negotiated pursuant to the United Nations Framework Convention on Climate Change, including all protocols or agreements related thereto. - (d)(d)
Authorization of appropriations
There are authorized to be appropriated for deposit in the Fund to carry out the purposes of this section, $50,000,000 for fiscal year 1994 and such sums as may be necessary for fiscal years 1995 and 1996.
(Pub. L. 102–486, title XVI, § 1609, Oct. 24, 1992, 106 Stat. 3007.)