Our friends at the ONE Campaign joined us in celebrating this week’s OPIC Impact Awards. This post, which originally ran their blog, promotes sustainable development, which comprises an impressive portion of OPIC’s portfolio. In 2013, the Agency supported a record $1.2 billion in renewable energy projects, including in the wind, solar, hydro-power and biomass sectors.
Often, creating sustainable development projects can go unrecognized amid other sexier, more immediate development stories. Yet, the folks at OPIC, the Overseas Private Investment Corporation whose core mission is to mobilize private capital to help solve critical development challenges, have created a way to honor individuals and investors who are working to create sustainable development projects.
On Tuesday, March 11 they kicked off the inaugural OPIC Impact Awards, with awards to recognize excellence in development finance. The agency will honor funders and organizations employing “projects in clean energy, infrastructure, healthcare and other sectors that are helping create jobs, improve lives and stimulate economic growth.” The six categories include: American Small Business, Renewable Resources, Development Impact, Critical Infrastructure, Private Equity and Access to Finance.
To read the post in full, visit: http://www.one.org/us/2014/03/11/who-are-the-heroes-of-sustainable-development/