are significant contributors to global greenhouse gas 
emissions; 
(2) giving preferential treatment to the evalua-
tion and awarding of projects that involve the invest-
ment or utilization of clean and efficient energy 
technologies; and 
(3) providing greater flexibility in supporting 
projects that involve the investment or utilization of 
clean and efficient energy technologies, including fi-
nancing, insurance, and other assistance. 
(c) REPORT.—The Overseas Private Investment Cor-
poration shall include in its annual report required under 
section 240A of the Foreign Assistance Act of 1961 (22 
U.S.C. 2200a)— 
(1) a description of the activities carried out to 
implement this section; or 
(2) if the Corporation did not carry out any ac-
tivities to implement this section, an explanation of 
the reasons therefor. 
SEC. 2206. ACTIONS BY UNITED STATES TRADE AND DEVEL-
OPMENT AGENCY. 
(a) ASSISTANCE AUTHORIZED.—The Director of the 
Trade and Development Agency shall establish or support 
policies that— 
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(1) proactively seek opportunities to fund 
projects that involve the utilization of clean and effi-
cient energy technologies, including in trade capacity 
building and capital investment projects; 
(2) give preferential treatment to the evaluation 
and awarding of projects that involve the utilization 
of clean and efficient energy technologies, particu-
larly to countries that have the potential for signifi-
cant reduction in greenhouse gas emissions; and 
(3) recruit and retain individuals with appro-
priate expertise in clean, renewable, and efficient en-
ergy technologies to identify and evaluate opportuni-
ties for projects that involve clean and efficient en-
ergy technologies and services. 
(b) REPORT.—The President shall include in the an-
nual report on the activities of the Trade and Development 
Agency required under section 661(d) of the Foreign As-
sistance Act of 1961 (22 U.S.C. 2421(d)) a description 
of the activities carried out to implement this section. 
SEC. 2207. GLOBAL CLIMATE CHANGE EXCHANGE PRO-
GRAM. 
(a) PROGRAM AUTHORIZED.—The Secretary of State 
is authorized to establish a program to strengthen re-
search, educational exchange, and international coopera-
tion with the aim of reducing global greenhouse gas emis-
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sions and addressing the challenges posed by global cli-
mate change. The program authorized by this subsection 
shall be carried out pursuant to the authorities of the Mu-
tual Educational and Cultural Exchange Act of 1961 (22 
U.S.C. 2451 et seq.) and may be referred to as the ‘‘Glob-
al Climate Change Exchange Program’’. 
(b) ELEMENTS.—The program authorized by sub-
section (a) shall contain the following elements: 
(1) The financing of studies, research, instruc-
tion, and other educational activities dedicated to re-
ducing carbon emissions and addressing the chal-
lenge of global climate change— 
(A) by or to United States citizens and na-
tionals in foreign universities, governments, or-
ganizations, companies, or other institutions; 
and 
(B) by or to citizens and nationals of for-
eign countries in United States universities, 
governments, organizations, companies, or other 
institutions. 
(2) The financing of visits and exchanges be-
tween the United States and other countries of stu-
dents, trainees, teachers, instructors, professors, re-
searchers, and other persons who study, teach, and 
conduct research in subjects such as the physical 
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