Page:United States Statutes at Large Volume 119.djvu/1132

 119 STAT. 1114

PUBLIC LAW 109–58—AUG. 8, 2005

‘‘(iv) a description of the potential for undertaking projects to reduce greenhouse gas intensity; ‘‘(v) a description of any obstacles to the reduction of greenhouse gas intensity; and ‘‘(vi) a description of the best practices learned by the Agency for International Development from conducting previous pilot and demonstration projects to reduce greenhouse gas intensity. ‘‘(B) UPDATE.—Not later than 18 months after the date on which the initial report is submitted under subparagraph (A), the Secretary shall submit to the appropriate authorizing and appropriating committees of Congress, based on the best information available to the Secretary, an update of the information provided in the initial report. ‘‘(C) USE.— ‘‘(i) INITIAL REPORT.—The Secretary of State shall use the initial report submitted under subparagraph (A) to establish baselines for the developing countries identified in the report with respect to the information provided under clauses (i) and (ii) of that subparagraph. ‘‘(ii) ANNUAL REPORTS.—The Secretary of State shall use the annual reports prepared under subparagraph (B) and any other information available to the Secretary to track the progress of the developing countries with respect to reducing greenhouse gas intensity. ‘‘(b) PROJECTS.—The Secretary of State, in coordination with Administrator of the United States Agency for International Development, shall (directly or through agreements with the World Bank, the International Monetary Fund, the Overseas Private Investment Corporation, and other development institutions) provide assistance to developing countries specifically for projects to reduce greenhouse gas intensity, including projects to— ‘‘(1) leverage, through bilateral agreements, funds for reduction of greenhouse gas intensity; ‘‘(2) increase private investment in projects and activities to reduce greenhouse gas intensity; and ‘‘(3) expedite the deployment of technology to reduce greenhouse gas intensity. ‘‘(c) FOCUS.—In providing assistance under subsection (b), the Secretary of State shall focus on— ‘‘(1) promoting the rule of law, property rights, contract protection, and economic freedom; and ‘‘(2) increasing capacity, infrastructure, and training. ‘‘(d) PRIORITY.—In providing assistance under subsection (b), the Secretary of State shall give priority to projects in the 25 developing countries identified in the report submitted under subsection (a)(2)(A). 22 USC 7903.

‘‘SEC. 733. TECHNOLOGY INVENTORY FOR DEVELOPING COUNTRIES.

‘‘(a) IN GENERAL.—The Secretary of Energy, in coordination with the Secretary of State and the Secretary of Commerce, shall conduct an inventory of greenhouse gas intensity reducing technologies that are developed, or under development in the United States, to identify technologies that are suitable for transfer to, deployment in, and commercialization in the developing countries identified in the report submitted under section 732(a)(2)(A).

VerDate 14-DEC-2004

08:19 Oct 26, 2006

Jkt 039194

PO 00001

Frm 01112

Fmt 6580

Sfmt 6581

E:\PUBLAW\PUBL001.119

APPS06

PsN: PUBL001

�