- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on Foreign RelationsIntroducedSeptember 25th, 2013
- senate Committees
What is Senate Bill S. 1548?
This bill focuses on developing proposals that would help Armenia and Haiti regrow their respective forests to pre-1990s levels within 20 years. Haiti is 98% deforested. Armenia is 93% deforested. The bill would be funded by means of what is known as "debt-for-nature swaps," in which a nation's debt is partially forgiven by international creditors in exchange for conservation measures in that nation. A nongovernmental, third-party conservation group would work as a mediator between the creditors and the governments.
If enacted, the bill would give trees to countries that have very few of them, in addition to teaching Armenians and Haitians conservation and sustainable agriculture practices.
Cost of Senate Bill S. 1548
A CBO cost is currently unavailable.
Encompass widely-accepted environmentally sustainable forestry and agricultural practices; Improve forest governance in ways that engage and protect local communities and groups; Enhance coordination among relevant Haitian and Armenian ministries and private organizations; and Develop short- and long-term performance metrics to measure results, to include technology to monitor the results of conservation efforts.
According to Armenian-American daily newspaper Asbarez, the bill would: