The OPIC Blog

Archive for December, 2011

Alemayehou: Why the Diaspora is an increasingly important part of OPIC’s client base

A recent cover story in The Economist described immigrant networks as “a rare bright spot in the world economy. Around that same time. OPIC Executive Vice President Mimi Alemayehou addressed a forum at the World Bank about innovative ways to engage the diaspora, where she outlined why members of diaspora communities often made attractive investors in the developing world. The text of her September 14, Read more…

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“We must do both:” Littlefield says development must focus on people and the planet

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…

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CSIS calls for OPIC’s permanent reauthorization

“The 10-year “bull market” in foreign assistance is coming to an end; as such the United States must consider how it can continue to maintain its influence in the developing world in this budget-constrained environment,” Daniel Runde, Director of the Project on Prosperity and Development at the Center for Strategic and International Studies, wrote in a November 23 piece calling Read more…

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Video: “If you don’t innovate you’re not going to win.”

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…

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OPIC sets record for investments in renewable resources in 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, 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 Read more…

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