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The OPIC Blog
OPIC, Ex-Im Bank and USTDA Partner to increase clean energy investment in AfricaNovember 30, 2012OPIC is partnering with two other U.S. government agencies to help promote U.S. private sector investment in clean energy projects in Africa through the Africa Clean Energy Development and Finance Center (CEDFC). Acting U.S. Commerce Secretary Rebecca Blank this week launched the CEDFC, an interagency partnership of OPIC, the U.S. Export-Import Bank and the U.S. Trade and Development Agency (USTDA) 
Video: “If you don’t innovate you’re not going to win.”December 09, 2011In 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. OPIC sets record for investments in renewable resources in 2011December 02, 2011OPIC 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, Dec. 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 
Renewing the future through investmentNovember 30, 2011OPIC’s work catalyzing private-sector investment to solve critical world challenges is increasingly focused on the renewable resources sector, with projects that support clean and sustainable development. On Dec. 2, OPIC will highlight its work in renewable resources at the COP 17, the United Nations Climate Change Conference in Durban, South Africa. OPIC President and CEO Elizabeth Littlefield and John Morton, Photos: Low-income housing in South AfricaAugust 26, 2011OPIC’s 2002 loan guaranty to a South African lender has led to the construction of thousands of homes for low-incomeresidents in South Africa, while supporting may small construction businesses and creating jobs. The project is outlined in more detail on OPIC’s website. Below are some photos. Project Snapshot: Opening a door to homeownership in South AfricaAugust 23, 2011Site South Africa Sector Housing Challenge Large numbers of homeless in South Africa needed housing but even with government subsidies in place, local builders were often unable to obtain bank loans for construction projects. Solution OPIC, together with the Soros Foundation, provided a loan guaranty to a major South African bank to support lending to home builders through the country’s Food is a renewable resourceJuly 12, 2011Last month, OPIC approved nearly $500 million for five renewable resource private equity funds, easily surpassing a pledge OPIC President and CEO Elizabeth Littlefield made at the 2010 U.N. Climate Change Conference, to provide at least $300 million for private equity investment in renewables. The five funds, which were selected from 56 funds that responded to OPIC’s call for proposals, |
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