Amends TCA Title 4, Chapter 3, Part 5; Title 9; Title 60; Title 67 and Title 68.

Tennessee SB0702 establishes a climate resiliency fund program administered by the Department of Environment and Conservation (TDEC) to secure compensatory payments from responsible parties for climate change adaptation projects. It affects entities engaged in fossil fuel extraction or refining that are responsible for significant greenhouse gas emissions, imposing strict liability for cost recovery related to climate adaptation initiatives. Key provisions include the creation of a fund for project financing, a structured liability and payment system for responsible parties, and requirements for TDEC to develop a resilience implementation strategy and conduct periodic audits of the program's effectiveness.