August 02, 2012
As large swaths of India were in the dark this week after a massive power outage hit half the population, some of the country’s more remote communities had light. Those communities, once restricted by their locations far from central electric utility grids, have in more recent years benefited from innovation that has enabled them to generate their own power. Shortly before this week’s devastating power outage, The Read more…
June 28, 2012
By Dr. Keith Kozloff, Director, OPIC Office of Accountability One of the many ways the world has evolved since the first Rio Earth Summit 20 years ago is that local communities now have a stronger voice in the development being considered and occurring in their own backyards. One of the principles to come out of the 1992 Earth Summit stated Read more…
June 19, 2012 OPIC has a long-standing history of working in emerging markets, and more recently has become better known for our ability to increase investment in renewable resources. Last year alone, we committed $1.1 billion in financing to the sector. As the UN’s RIO+20 Conference gets underway today, we are excited to share the news about our latest partnership, one that will Read more…
June 05, 2012
Investors are increasingly talking about “Impact Investing,” but the practice is not new to OPIC, which has a 40-year history of transforming private capital into solutions for common social and environmental challenges around the world. Here OPIC explains the concept of Impact Investing, and why it offers the potential for such strong financial returns. Last fall, OPIC announced a “historic Read more…
May 21, 2012 In this Q&A video, OPIC Vice President Mimi Alemayehou discusses the extensive growth opportunities in Africa, including the demand for energy and power as the continent continues to develop.
March 29, 2012 We frequently share the important pieces of journalism we find on our Facebook and Twitter feeds. Starting this month, we will also begin recapping on our blog some of the stories we consider most important to helping solve critical development challenges. This month there has been increased discussion over ways to encourage more economic development in Afghanistan in order to Read more…
March 01, 2012 Leasing solar energy equipment is becoming increasingly popular in southern California, and a similar model could make sense in the developing world. In a recent piece in Renewable Energy World, Lynn Tabernacki, Managing Director of OPIC’s Renewable and Clean Energy Programs, outlines how leased equipment could accelerate use of renewable energy technology in emerging markets and encurage economic growth. The full text Read more…
December 12, 2011
OPIC President and CEO Elizabeth Littlefield spoke at the U.N. Climate Change Conference earlier this month, where she addressed the particular challenges of promoting sustainability in the developing world. She stressed that expanded access to natural resources and more efficient use of those resources must be twin priorities. Littlefield’s comments challenged a common perception that rapid, so-called “dirty” development was Read more…
December 09, 2011
In this interview from the December, 2011 U.N. Climate Change talks in Durban, South Africa, OPIC President and CEO Elizabeth Littlefield outlines OPIC’s progress since it identified renewable resources as the agency’s number one sector priority a year ago. She also explains how partnerships between the public and private sectors can be effective in solving the world’s biggest environmental challenges. Read more…
December 02, 2011 OPIC committed $1.1 billion in financing to the renewable resources sector in fiscal 2011, about triple the amount it committed the year before. On Friday December 2, OPIC President and CEO Elizabeth Littlefield presented these results at the UN Climate Change conference in Durban, South Africa, where she noted that OPIC’s commitments represented more than one third of all U.S. Government Fast Read more…
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