14/12/2021 at 02:30PM
Hearing to consider the nominations of
- Enoh T. Ebong, of the District of Columbia, to be Director of the Trade and Development Agency
- Oren E. Whyche-Shaw, of Maryland, to be United States Director of the African Development Bank
- Leopoldo Martinez Nucete, of Virginia, to be United States Executive Director of the Inter-American Development Bank for a term of three years
- Maria Fabiana Jorge, of the District of Columbia, to be United States Alternate Executive Director of the Inter-American Development Bank
- Alice P. Albright, of the District of Columbia, to be Chief Executive Officer of the Millennium Challenge Corporation
- Michele Taylor, of Georgia, for the rank of Ambassador during her tenure of service as United States Representative to the UN Human Rights Council
- Christopher R. Hill, of Rhode Island, to be Ambassador to Serbia
- Joe Donnelly, of Indiana, to be Ambassador to the Vatican
The USTDA runs the Global Partnership for Climate-Smart Infrastructure. USTDA also supports international fossil-fuel projects.
The African Development Bank is allocating 40 percent of project approvals to climate finance. It also finances fossil-fuel projects.
The Inter-American Development Bank has allocated limited funding in the past to climate finance, and finances both renewable and fossil-fuel projects.
The Millennium Challenge Corporation has recently announced plans to “commit more than 50 percent of our program funding to climate-related investments over the next five years.” The Corporation has financed several electricity modernization projects around the world.