The World Bank's Clean Technology Fund (CTF)

Abstract

The United States Treasury has led efforts to create a $10 billion Clean Technology Fund (CTF), located at the World Bank, to help fund deployment of clean technology to reduce greenhouse gas emissions in developing economies. The Bush administration has asked Congress to authorize and appropriate U.S. funding of $2 billion over three years (FY2009 to FY2011). While many Members of Congress have expressed support for the CTF, others have raised concerns, primarily with respect to whether the CTF should finance carbon-based energy projects. To date, Congress has not passed legislation authorizing or appropriating U.S. contributions to the Fund. This report will be updated as events warrant.

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Document Details

Document Type
Technical Report
Publication Date
Nov 24, 2008
Accession Number
ADA490810

Entities

People

  • Jeffrey Logan
  • Martin A. Weiss

Organizations

  • Library of Congress

Tags

DTIC Thesaurus Topics

  • Calorific Value
  • Carbon Dioxide
  • Climate Change
  • Climate Change Adaptation
  • Energy
  • Finance
  • Greenhouse Effect
  • Greenhouse Gases
  • Law
  • Renewable Energy
  • Sea Level Rise
  • United States

Readers

  • Defense Financial Management and Audit.
  • Energy Conservation and Renewable Energy Engineering.
  • International Relations and Conflict Resolution