In furtherance of the policies contained in
[section 533(a) of Public Law 101–513]
and section 1308
See References in Text note below.
of the International Development and Finance Act of 1989 (
[Public Law 101–240]
), and as a basis for measuring more effectively progress by the MDBs toward improved environmental performance, the Secretary of the Treasury shall instruct the United States Executive Directors of the MDBs to encourage each MDB, at a minimum, to meet the benchmarks established in paragraph (2) in the areas of sustainable energy development, forest conservation, forced displacement of populations, and environmental impact assessment. On March 1, 1993
and March 1, 1994
, the Secretary of the Treasury shall submit a report to the Congress describing in detail the progress being made by the MDBs in meeting these benchmarks.