Implementation of the Border Environment Cooperation Commission and the North American Development Bank
Headline: Implements Border Environment Cooperation Commission and North American Development Bank
What it does: Agencies must represent the United States on the Border Environment Cooperation Commission and North American Development Bank and create a Finance Committee to oversee related loans and investments.
- Places U.S. officials on binational environmental and development bank boards.
- Creates a Finance Committee to direct community adjustment and investment decisions.
- Delegates presidential authorities on border projects to Treasury, EPA, and the Finance Committee.
Summary
This order implements the agreement creating the Border Environment Cooperation Commission and the North American Development Bank, and requires these bodies to follow U.S. policies protecting human, animal, and plant health and the environment while promoting sustainable development, pollution prevention, environmental justice, and public participation. It names U.S. board representatives (including the Administrator of the Environmental Protection Agency and Treasury and State officials), creates a Finance Committee to oversee community adjustment and investment decisions, and delegates certain presidential functions to the Treasury, Environmental Protection Agency, and the Finance Committee. The order coordinates federal roles in border environmental projects and financing.
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