Washington, July 6 -- Congressman Sean Casten issued the following press release:
Today, Reps. Sean Casten, George Whitesides, and Mike Levin introduced the Global Climate Resilience Act, legislation that would create a new debt-for-resilience program to improve the United States' ability to provide climate finance and debt relief to countries in the Global South. This new program would enhance the United States' ability to negotiate debt reductions with countries in the Global South that agree to undertake climate resilience initiatives. The legislation also directs the United States to use its influence with international financial institutions to promote debt reduction for nations at risk of climate damage and advocate for an internatio...