Sponsors (2)
The bill expands U.S. funding and sanction authorities to deter climate‑harmful conduct and protect environmental defenders and vulnerable communities internationally, while increasing federal spending, compliance burdens, trade/diplomatic risks, and executive sanction power with limited new oversight.
U.S. taxpayers and vulnerable countries receive a substantial increase in international climate finance—over $11 billion annually—to fund adaptation and mitigation projects abroad.
Foreign persons and companies that finance or enable large-scale deforestation or high-emitting projects can be sanctioned (asset/visa restrictions), creating a stronger deterrent against climate-harmful conduct and helping protect global carbon sinks and climate goals.
Environmental defenders, Indigenous peoples, and communities displaced or threatened by resource-related violence gain targeted protections through sanctions that can deter reprisals and hold perpetrators accountable.
Imposes substantial new federal spending (including an $11 billion annual climate finance target and additional open‑ended authorization), increasing costs for U.S. taxpayers and potentially redirecting budget priorities.
Sanctions, trade restrictions, and targeted measures risk creating diplomatic friction and disrupting supply chains or trade relationships, which can raise prices and harm U.S. businesses and consumers.
Expanded sanctioning and reporting expectations will increase compliance, due-diligence, screening, and potential liability costs for U.S. banks, businesses, and contractors—raising administrative burdens and legal risk.
Based on analysis of 6 sections of legislative text.
Introduced December 1, 2025 by Edward John Markey · Last progress December 1, 2025
Creates a targeted sanctions program to hold foreign persons accountable for activities that drive large greenhouse gas emissions, illegal deforestation, or other climate-harmful conduct. The President would gain authority to impose visa bans, block property and transactions, and use other existing sanctions tools against individuals, companies, and officials found to engage in or materially support such activities, while Treasury would receive unspecified funding to boost OFAC’s capacity to implement the program. The bill also sets a U.S. policy goal to use Global Magnitsky-style authorities for serious environmental harms and human-rights abuses connected to climate and deforestation, directs diplomatic engagement and international finance scaling, and includes statutory definitions, exceptions (e.g., intelligence/law enforcement activities, certain international obligations), and procedural considerations for congressional input and evidence sources.