; and (3) to support the phasing out of funding for internal combustion engines for passenger vehicles and buses by 2025 in a way that is sustainable and sensitive to communities in need of mobility. (b) Reduction of contributions; deposit in escrow account (1) Determination of expenditure on new fossil fuel capacity In each fiscal year, the Secretary of the Treasury shall— (A) determine the amount of investments, loans, and extensions of financial or technical assistance provided by each international financial institution specified in subsection (c) to any country or entity to create new capacity for fossil fuel activity during the preceding fiscal year