(a)
In general— The Administrator of the United States Agency for International Development, in coordination with the Secretary of the Treasury, shall develop and implement a strategy to invest in and improve critical infrastructure, including transport connectivity, information and communications technology, and energy security and access to electricity in the Pacific Islands, with an emphasis on climate resilient infrastructure and clean energy programs.
(b)
Conduct of strategy— The strategy developed under this section shall be coordinated with regional organizations and frameworks for development in the Pacific Islands.
(c)
International financial institutions— The Secretary of the Treasury shall direct the representatives of the United States to the World Bank Group, the International Monetary Fund, and the Asian Development Bank to use the voice and vote of the United States to support climate resilient infrastructure projects in the Pacific Islands.
(d)
Report—
(1)
In general— Not later than 180 days after the date of the enactment of this Act, the Administrator of the United States Agency for International Development shall submit to the appropriate congressional committees a report that contains the strategy developed under this section.
(2)
Update— The Administrator shall submit to the appropriate congressional committees an updated report under paragraph (1) not later than three years after the date of the enactment of this Act.
(e)
Authorization of appropriations— There are authorized to be appropriated $200,000,000 for each of the fiscal years 2021 through 2025 to carry out this section.