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Services of the House of Representatives and the Com-
mittee on Banking, Housing, and Urban Affairs of the 
Senate that China is in substantial compliance with the 
Arrangement.’’. 
(b) COLLABORATION WITH USDA ON EXPORT FI-
NANCING PROGRAMS.—Section 13(1)(A) of such Act (12 
U.S.C. 635i–7(1)(A)) is amended by inserting ‘‘, the De-
partment of Agriculture,’’ before ‘‘and other Federal agen-
cies’’. 
SEC. 11. RESTRICTION ON FINANCING FOR CERTAIN ENTI-
TIES. 
Section 2 of the Export-Import Bank Act of 1945 
(12 U.S.C. 635) is amended by adding at the end the fol-
lowing: 
‘‘(l) RESTRICTION ON FINANCING FOR CERTAIN EN-
TITIES.— 
‘‘(1) IN GENERAL.—Beginning on the date that 
is 180 days after the date of the enactment of this 
subsection, the Board of Directors may not approve 
a transaction that is subject to approval by the 
Board with respect to the provision by the Agency 
of any guarantee, insurance, or extension of credit, 
or the participation by the Agency in any extension 
of credit for which the end user, obligor, or lender 
is described in paragraph (2). 
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‘‘(2) PROHIBITED
END
USER, OBLIGOR, OR 
LENDER.—An end user, obligor, or lender is de-
scribed in this paragraph if the end user, obligor, or 
lender is known to the Agency to be: 
‘‘(A) The People’s Liberation Army of the 
People’s Republic of China. 
‘‘(B) The Ministry of State Security of the 
People’s Republic of China. 
‘‘(C) Included on the Denied Persons List 
or the Entity List maintained by the Bureau of 
Industry and Security of the Department of 
Commerce. 
‘‘(D) Included on the Arms Export Control 
Act debarred list maintained by the Directorate 
of Defense Trade Controls of the Department 
of State. 
‘‘(E) Any person who has paid a criminal 
fine or penalty pursuant to a conviction or reso-
lution or settlement agreement with the Depart-
ment of Justice for a violation of the Foreign 
Corrupt Practices Act in the preceding 3 years. 
‘‘(F) A person who, in the preceding 3 
years, appeared on the Annual Intellectual 
Property Report to Congress by the Intellectual 
Property Enforcement Coordinator in the Exec-
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utive Office of the President, if the person was 
convicted in any court. 
‘‘(3) DEFINITIONS.—In this subsection: 
‘‘(A) PERSON.—The term ‘person’ means 
an individual or entity. 
‘‘(B) ENTITY.—The term ‘entity’ means a 
partnership, association, trust, joint venture, 
corporation, group, subgroup, or other organi-
zation.’’. 
SEC. 12. PROHIBITIONS ON FINANCING FOR CERTAIN PER-
SONS INVOLVED IN SANCTIONABLE ACTIVI-
TIES. 
Section 2 of the Export-Import Bank Act of 1945 
(12 U.S.C. 635), as amended by section 11 of this Act, 
is amended by adding at the end the following: 
‘‘(m) PROHIBITIONS ON FINANCING FOR CERTAIN 
PERSONS INVOLVED IN SANCTIONABLE ACTIVITIES.— 
‘‘(1) IN GENERAL.—Beginning on the date that 
is 180 days after the date of the enactment of this 
subsection, the Board of Directors of the Agency 
may not approve any transaction that is subject to 
approval by the Board with respect to the provision 
by the Agency of any guarantee, insurance, or exten-
sion of credit, or the participation by the Agency in 
any extension of credit, to a person in connection 
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with the exportation of any good or service unless 
the person provides the certification described in 
paragraph (2). 
‘‘(2) CERTIFICATION DESCRIBED.—The certifi-
cation described in this paragraph is a certification 
by a person who is an end user, obligor, or lender 
that neither the person nor any other person owned 
or controlled by the person engages in any activity 
in contravention of any United States law, regula-
tion, or order applicable to the person concerning— 
‘‘(A) trade and economic sanctions, includ-
ing an embargo; 
‘‘(B) the freezing or blocking of assets of 
designated persons; 
‘‘(C) sanctions relating to serious viola-
tions of human rights or free speech, including 
any sanctions— 
‘‘(i) 
imposed 
under 
the 
Global 
Magnitsky Human Rights Accountability 
Act; 
‘‘(ii) related to the efforts to the Chi-
nese government to limit or punish dem-
onstrations in Hong Kong; 
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‘‘(iii) related to the political repression 
or detention of religious and ethnic minori-
ties in China or Burma; or 
‘‘(iv) related to the gross violation of 
internationally recognized human rights 
(as defined in section 502B of the Foreign 
Assistance Act of 1961) in China; 
‘‘(D) sanctions relating to the illegal traf-
ficking of synthetic opioids, including any sanc-
tions imposed pursuant to the Foreign Nar-
cotics Kingpin Designation Act; 
‘‘(E) sanctions relating to human rights 
abuses, including engaging in human traf-
ficking, including sex trafficking, and any sanc-
tions imposed under Executive Order No. 
13581 (Blocking Property of Transnational 
Criminal Organizations); or 
‘‘(F) other restrictions on exports, imports, 
investment, payments, or other transactions 
targeted at particular persons or countries. 
‘‘(3) 
CERTIFICATION
REQUIREMENTS.—The 
certification described in paragraph (2) shall be 
made after reasonable due diligence and based on 
best knowledge and belief.’’. 
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SEC. 13. PROMOTING RENEWABLE ENERGY EXPORTS, ENVI-
RONMENTAL AND SOCIAL STANDARDS, AND 
ACCOUNTABILITY. 
(a) OFFICE OF FINANCING FOR RENEWABLE EN-
ERGY, ENERGY EFFICIENCY AND ENERGY STORAGE EX-
PORTS.—Section 2(b)(1)(C) of the Export-Import Bank 
Act of 1945 (12 U.S.C. 635(b)(1)(C)) is amended to read 
as follows: 
‘‘(C) OFFICE OF FINANCING FOR RENEWABLE EN-
ERGY, ENERGY EFFICIENCY AND ENERGY STORAGE.— 
The President of the Agency shall establish an office 
whose functions shall be to promote the export of goods 
and services to be used in the development, production, 
and distribution of renewable energy resources, and energy 
efficiency (including battery electric vehicles, batteries for 
electric vehicles, and electric vehicle charging infrastruc-
ture) and energy storage technologies, and disseminate in-
formation concerning export opportunities and the avail-
ability of Agency support for such activities, to increase 
the total amount of loans, guarantees, and insurance pro-
vided by the Agency to support exports related to renew-
able energy, energy efficiency (including battery electric 
vehicles, batteries for electric vehicles, and electric vehicle 
charging infrastructure), and energy storage.’’. 
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(b) ENVIRONMENTAL POLICY AND PROCEDURES.— 
Section 11(a) of such Act (12 U.S.C. 635i–5(a)) is amend-
ed— 
(1) in paragraph (1)— 
(A) in the second sentence, by inserting ‘‘, 
including to potentially impacted communities 
in the country in which the activity will be car-
ried out, at least 60 days before the date of the 
vote,’’ before ‘‘and supplemental’’; 
(B) by inserting after the second sentence 
the following: ‘‘The procedures shall include a 
requirement for an analysis of the environ-
mental and social impacts, including worker im-
pacts and anticipated health impacts and costs, 
of the proposed activity and of alternatives to 
the proposed activity, including mitigation 
measures, where appropriate.’’; and 
(C) in the third sentence, by striking ‘‘The 
preceding sentence’’ and inserting ‘‘This para-
graph’’; 
(2) by redesignating paragraph (2) as para-
graph (7) and inserting after paragraph (1) the fol-
lowing: 
‘‘(2) CONSULTATIONS WITH POTENTIALLY IM-
PACTED COMMUNITIES.—In any credit or common 
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terms agreements to which the Agency is a party re-
lating to a transaction described in paragraph (1), 
the Agency shall include a provision to ensure that 
robust consultations with potentially impacted com-
munities, including affected workers, in the country 
in which the activity will be carried out have been 
and will continue to be carried out throughout the 
project cycle. 
‘‘(3) ENVIRONMENTAL AND SOCIAL DUE DILI-
GENCE PROCEDURES AND GUIDELINES REVIEW.—By 
the end of 2020 and once at the end of each subse-
quent 3-year period, the Board of Directors of the 
Agency shall complete a review of the Environmental 
and Social Due Diligence Procedures and Guidelines 
ensuring that the procedures and guidelines incor-
porate requirements for project consideration that 
are consistent to limit greenhouse gas emissions and, 
to the maximum extent possible, to affirm that the 
Board operates consistently with the multilateral en-
vironmental agreements to which the United States 
is a party that are directly related to transactions in 
which the Agency is involved. 
‘‘(4) The Agency shall operate consistently with 
Annex VI of the Arrangement on Officially Sup-
ported 
Export 
Credits, 
as 
adopted 
by 
the 
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Organisation for Economic Co-operation and Devel-
opment as of January 2019. 
‘‘(5) The Agency shall make publicly available 
the estimated amounts of CO2 emissions expected to 
be produced from pending projects that the Agency 
has designated as Category A and B projects and 
work with other export credit agencies to encourage 
them to do the same. 
‘‘(A) The Agency shall report CO2 emis-
sions associated with projects that the Agency 
has designated as Category A and B fossil fuel 
projects in its annual report by product cat-
egories. 
‘‘(B) The Agency shall advocate within the 
OECD and other multilateral fora for the full 
reporting of CO2 emissions associated with ap-
propriate energy and non-energy projects in-
cluding manufacturing and agriculture. 
‘‘(C) The Agency shall undertake periodic 
reviews with stakeholders to ensure that the 
Agency employs the most appropriate method-
ology of estimating and tracking the CO2 emis-
sions from Category A and B projects the 
Agency supports. 
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‘‘(6) The Agency shall develop and maintain 
measures to provide increased financing support for 
evolving technologies that reduce CO2 emissions. 
‘‘(A) The Agency shall develop and main-
tain measures to encourage foreign buyers to 
seek available, commercially viable technology to 
reduce the CO2 footprint of projects. 
‘‘(B) The Agency shall develop and main-
tain initiatives to finance aspects of project de-
velopment that reduce or mitigate CO2 emis-
sions, such as effective carbon capture and se-
questration technology, while maintaining the 
competitiveness of United States exporters. 
‘‘(C) In coordination with the Department 
of the Treasury, the Agency shall advocate in 
international fora for the availability of financ-
ing incentives for low to net zero CO2-emitting 
projects, a common methodology for evaluating 
and taking into account the social cost of car-
bon. 
‘‘(D) The Agency shall encourage export 
credit agencies and other relevant lending insti-
tutions to adopt similar CO2 policies, including 
encouraging transparency and the involvement 
of stakeholders.’’; and 
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(3) in paragraph (7) (as so redesignated by 
paragraph (2) of this subsection), by striking ‘‘para-
graph (1)’’ and inserting ‘‘this subsection’’. 
(c) ANNUAL REPORT TO CONGRESS.—Section 11(c) 
of such Act (12 U.S.C. 635i–5(c)) is amended to read as 
follows: 
‘‘(c) INCLUSION
IN
ANNUAL
REPORT
TO
CON-
GRESS.—The Agency shall include in its annual report to 
Congress under section 8 a summary of its activities under 
subsections (a) and (b). The Board of Directors shall sub-
mit to the Congress a report, which shall be made publicly 
available on the Internet at the time of delivery— 
‘‘(1) that provides a detailed accounting of the 
methodology used to make greenhouse gas emissions 
project determinations; 
‘‘(2) details the steps taken to ensure that the 
Environmental and Social Due Diligence Procedures 
and Guidelines of the Agency are consistent with— 
‘‘(A) reducing greenhouse gas emissions; 
and 
‘‘(B) operating consistently with the multi-
lateral environmental agreements to which the 
United States is a party that are directly re-
lated to transactions in which the Agency is in-
volved; and 
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