1、Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS21588August 12, 2003Export-Import Bank: Environmental Review ProceduresJames K. JacksonSpecialist in International Trade and FinanceForeign Affairs, Defense, and Trade DivisionSummar
2、yCongress requires the Export-Import Bank, and other U.S. agencies whoseprograms have the potential for adversely affecting the environment abroad, to developand follow an established set of guidelines to mitigate the environmental impact of itsprograms. The Banks current procedures and guidelines,
3、as revised on April 2, 1998,were extended on June 26, 2003 and will remain in effect until March 31, 2004. Theseguidelines apply to all long-term transactions and project finance cases valued over $10million with a repayment period of more than seven years and that have potentiallyadverse environmen
4、tal effects. Short and medium transactions under $10 million witha repayment period of less than seven years are reviewed on a case-by-case basis. TheBank estimates that in 2002, its programs supported $800 million in U.S. exports ofenvironmentally beneficial U.S. goods and services. This report wil