This would include promoting climate-resilient development in the Pacific Islands region and further efforts to develop clean energy technologies.
The House version would also authorize $8 billion over two years for the Green Climate Fund, a United Nations effort to help emerging economies deal with climate change.
The introduction of the House bill comes about six months after the Senate passed its version. It also comes the week before the start of the Winter Olympics in China, which faces international boycotts of the games over its forced labor camps and human rights abuses against the Uyghur population, a group predominantly Muslim ethnicity, and other minority populations.
Top Democrats touted both versions of the bill as tools to combat the growing influence of China, the world’s second-largest economy, over digital technology, climate change, trade and energy consumption, among other subjects.
“The stakes we face are enormous,” Senate Majority Leader Charles E. Schumer said in a statement. “If we don’t invest now in researching, developing and manufacturing the technologies of the future, we risk falling behind China and other global competitors, putting jobs, intellectual property and security at risk. National of the United States.”