Green Climate Fund Authorization Act of 2025

HR 2997 authorizes $4 billion annually for fiscal years 2026-2027 to fund the Green Climate Fund (GCF), a UN-backed institution supporting climate projects in developing countries. The bill requires all funded projects to reduce greenhouse gas emissions or help communities adapt to climate impacts while prioritizing vulnerable groups, including communities of color, indigenous peoples, and low-income areas. It mandates that projects must incorporate gender equality, respect human rights, and obtain community consent before implementation. This authorization increases U.S. contributions to the GCF, which has received only $2 billion despite a $3 billion pledge, to fulfill international climate finance commitments.