Insurance for such investments

(d) Prioritization of Energy Projects in Ukraine, Georgia, and

Moldova by the World Bank Group and the European Bank for

Reconstruction and Development.--The President shall direct the United

States Executive Directors of the World Bank Group and the European

Bank for Reconstruction and Development to use the voice, vote, and

Influence of the United States to encourage the World Bank Group and

The European Bank for Reconstruction and Development to invest in, and

Increase their efforts to promote investment in, efforts to help

Exploit existing natural gas reserves, to conduct additional

Exploration for oil and gas, to develop alternative sources of energy,

Including oil and gas, and to encourage energy efficiency, for Ukraine,

Georgia, and Moldova, including the development of associated

Transportation, storage, and refinement facilities, and to stimulate

Private investment in such projects.

(e) Effectiveness Measurement.--In providing loan guarantees,

Assistance, and support as described in this section and in

Prioritizing the projects as described in this section, the President

And the heads and other appropriate officials of the United States

Agency for International Development, the Trade and Development Agency,

And the Overseas Private Investment Corporation shall ensure that the

Effectiveness of such guarantees, assistance, support, and projects is

Measured through the use of clear, accountable, and metric-based

Targets aimed at achieving energy independence for Ukraine, Georgia,

And Moldova.

(f) Report on Additional European Gas Pipeline.--Not later than 90

Days after the date of the enactment of this Act, the Secretary of

Energy shall submit to the appropriate congressional committees a