$125,000,000 is rescinded from the Clean Technology Fund
What the document says“Of the unobligated balances under the heading ``Multilateral Assistance--International Financial Institutions--Contribution to the Clean Technology Fund'' made available by the Full-Year Continuing Appropriations Act, 2025 (division A of Public Law 119-4), $125,000,000 are rescinded.”
Paragraph (10). It rescinds $125,000,000 of the unobligated balances under the account headed Multilateral Assistance, International Financial Institutions, Contribution to the Clean Technology Fund, as made available by division A of Public Law 119-4, the Full-Year Continuing Appropriations Act, 2025.
What the document actually says“Of the unobligated balances under the heading ``Multilateral Assistance--International Financial Institutions--Contribution to the Clean Technology Fund'' made available by the Full-Year Continuing Appropriations Act, 2025 (division A of Public Law 119-4), $125,000,000 are rescinded.”
The United States had promised money to a shared fund for clean power. This takes back $125,000,000 of it.
Banks that many countries share run the fund. The money came from a 2025 spending law.
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