(a) EstablishmentAn eligible country shall, under the terms of an environmental framework agreement entered into under section 1738f of this title, establish an Environmental Fund to receive payments in local currency pursuant to section 1738f(b)(1) of this title.
(b) InvestmentAmounts deposited into an Environmental Fund shall be invested until disbursed. Notwithstanding any other provision of law, any return on such investment may be retained by the Environmental Fund and need not be deposited to the account of the Commodity Credit Corporation and may be retained without further appropriation by Congress.
Structure US Code
SUBCHAPTER VI— ENTERPRISE FOR THE AMERICAS INITIATIVE
§ 1738. Establishment of Facility
§ 1738b. Eligibility for benefits under Facility
§ 1738c. Reduction of certain debt
§ 1738d. Repayment of principal
§ 1738e. Interest of new obligations
§ 1738f. Environmental framework agreements
§ 1738g. Enterprise for the Americas environmental funds
§ 1738h. Disbursement of environmental funds
§ 1738i. Enterprise for the Americas Board
§ 1738k. Eligible activities and grantees
§ 1738l. Encouraging multilateral debt donations
§ 1738m. Annual report to Congress
§ 1738n. Consultations with Congress
§ 1738o. Sale of qualified debt to eligible countries
§ 1738p. Sale, reduction, or cancellation of qualified debt to facilitate certain debt swaps