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3.208. In 1992, Congress required Export-Import Bank (EXIM) to adopt procedures and guidelines to assess the environmental impact of projects it is financing. EXIM authorized USD 107.5 million in FY2019, USD 92.6 million in FY2020, and USD 71.9 million in FY2021 to assist U.S. exports of environmentally beneficial goods and services. Included in its portfolio are exports of renewable energy equipment, wastewater-treatment projects, air-pollution technologies, and waste-management services. Most of these supported exports are associated with small enterprises.

3.209. The law reauthorizing Export-Import Bank (EXIM) directs the agency to establish a Program on China and Transformational Exports and reserves 20% of its total financing authority (i.e. USD 27 billion) to this end. The purpose is to support U.S. leadership, innovation, employment, and technological standards in 10 transformational industries: (...) (vi) renewable energy, energy efficiency, and energy storage; (...) ; (ix) water treatment and sanitation; (...) The proposed transaction must have minimum 51% U.S. content to qualify for EXIM financing, at which point up to 85% of the value of eligible goods and services in the U.S. contract may be supported. EXIM formed a Subcommittee on Strategic Competition with China in September 2020. In FY2021, USD 141.3 million was authorized in direct support of this program.

3.214. (...) The U.S. International Development Finance Corporation (DFC) facilitates such market-based private sector development and inclusive economic growth in less developed countries through the provision of credit, capital, and other financial support to, inter alia, provide countries a robust alternative to state-directed investments by authoritarian governments and United States strategic competitors, using best practices with respect to transparency and environment and social safeguards, and which take into account the debt sustainability of partner countries.

3.216. The U.S. International Development Finance Corporation (DFC) has its own Inspector General reviewing, investigating, and inspecting its operations and activities. The BUILD Act requires the DFC Board to establish a "transparent and independent accountability mechanism" to evaluate and report annually about DFC's statutory compliance with environmental, social, labor, human rights, and transparency standards (22 U.S.C. 9614). (...)

3.217. (...). Beyond the short term, the U.S. International Development Finance Corporation (DFC) launched its global development strategy called Roadmap for Impact. The Roadmap is the agency's five-year strategy that aims to catalyze USD 75 billion to maximize development impact while creating strategic and sustainable growth. (...)

Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Energy and fuels
Programs - Renewable Energy Resources
Type of subsidy - Co-financing
Expenditure: FY2018 - 69.6; FY2019 - 45.5; FY2020 - 81.6

Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Energy and fuels
Programs - Energy Conservation Programs – Transportation Sector
Type of subsidy - Co-financing
Expenditure: FY2018 - 241.2; FY2019 - 190.6; FY2020 - 288.6

Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Energy and fuels
Programs - Energy Conservation Programs – Building Technologies Office
Type of subsidy - Co-financing
Expenditure: FY2018 - 1.0; FY2019 - 0.7; FY2020 - 0.6

Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Energy and fuels
Programs - Energy Conservation – Advanced Manufacturing
Type of subsidy - Co-financing
Expenditure: FY2018 - 67.7; FY2019 - 25.7; FY2020 - 43.5

Table 3.26 Federal subsidy programs (non-agriculture), FY2018-20
Other energy and fuels
Programs - Second Generation Biofuel Credit
Type of subsidy - Income tax concession
Expenditure: FY2018 - Unknown; FY2019 - Unknown; FY2020 - Unknown