John Morton, OPIC Vice President for Investment Policy, spoke on a panel at the Asia Clean Energy Forum in Manila last month, where he called the ongoing shift to cleaner forms of energy “the most predictable economic transition in history,” and outlined how OPIC helped catalyze private sector investment and minimize risk.
The conference focused on the ways businesses, policy makers and NGOs could encourage a transition in Asia from traditional power sources to cleaner forms of energy. Morton, whose panel focused on financing models for clean energy development, said OPIC’s role was to catalyze private sector investment and “de-risk” that investment, for example through insurance against government interference in carbon credit creation.
