US SB1783

Directs U.S. Executive Directors at international financial institutions to oppose and rescind rules restricting financing of coal, oil, natural gas, and civil nuclear energy projects

Limits 50% of U.S. funding for the International Bank for Reconstruction and Development starting in fiscal year 2026 until the Bank removes fossil fuel financing restrictions and adopts policies promoting such projects

Targets specific World Bank policies for reversal, including restrictions on coal power generation, prohibitions on upstream oil and gas exploration, and bans on civil nuclear financing

Requires the Treasury Secretary to submit reports within 180 days and annually thereafter listing all restrictive energy financing policies at covered institutions and U.S. efforts to eliminate them

Covers 11 international financial institutions including the World Bank Group, IMF, Inter-American Development Bank, European Bank for Reconstruction and Development, and African and Asian Development Banks