Us Code § 13388 - Global Climate Change Response Fund
Full text of Us Code United States Code § 13388 — Global Climate Change Response Fund, with citation guidance and answers to common questions.
§ 13388. Global Climate Change Response Fund
(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) 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) 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) 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.)
About This Section
42 U.S.C. § 13388 is part of Title 42 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.
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