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The Targeting Environmental and Climate Recklessness Act of 2024 authorizes the President to impose sanctions on foreign persons and entities whose actions significantly exacerbate climate change, including development of new coal-fired power plants, large-scale deforestation, and harm to environmental defenders. The bill establishes a framework for using existing sanctions authorities (including Global Magnitsky sanctions) to target individuals and organizations engaged in climate-damaging activities, corruption related to natural resource extraction, and human rights abuses against environmental advocates. The bill also expresses the sense of Congress that such targeted measures should be part of a comprehensive U.S. approach to climate change, and encourages international coordination on similar sanctions.
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