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Insights into the renewable energy sector: A conversation with Lynn Tabernacki, OPIC’s Managing Director of Renewable and Clean Energy Programs

October 29, 2012

OPIC’s focus on renewable resources supports projects in wind, solar, geothermal, hydropower, biomass and other sustainable sources of energy, which will reduce carbon emissions, improve access to electricity and support economic growth. In recent years, the share of OPIC’s portfolio devoted to renewable resources has grown dramatically. In 2009, OPIC’s finance and insurance commitments in renewables totaled $131 million. That
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OPIC has another record-setting year for renewable resources

October 17, 2012

This week, OPIC announced that its commitments to renewable resources projects rose 41 percent in Fiscal Year 2012, which ended September 30, to set a new record of $1.55 billion. The news follows last year’s  record setting pace, and as the graphic shows, marks a sharp and steady increase in OPIC’s support for projects in clean energy and sustainable agriculture
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Featured photo: Support for OPIC’s renewable energy effort

October 05, 2012

Lynn Tabernacki, OPIC’s Managing Director of Renewable and Clean Energy, right, leads a discussion with National Renewable Energy Laboratory staffers Laura Harrington, Adam Warren and Jeff Bedard (from left), and OPIC’s Sarah Carta. National Renewable Energy Laboratory supports OPIC’s renewable energy & energy efficiency effort The National Renewable Energy Laboratory (NREL) – the only national laboratory which takes renewable energy
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September Board Meeting: Priorities renewed and newer

September 26, 2012

At its September meeting, OPIC’s Board of Directors kept the agency’s focus trained on priority sectors – renewable resources; food security and safe drinking water; and small and medium size businesses (SMEs) – and added another: the growing middle class in emerging markets, which stand to transform developing countries in the coming years. Be it Africa, where 100 million households
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Measuring developmental impact: A look at Broad Cove Ecohomes Liberia

August 20, 2012

In 2011, OPIC provided a $1.9 million loan to Broad Cove Ecohomes, Liberia, the U.S. developer of middle-income homes in Liberia, where years of civil war had resulted in a wave of migration to the capital city of Monrovia, and left a severe shortage of affordable housing. In addition to its plans to build 80 single-family homes and adjacent community
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In India, living off the grid has its benefits

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
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Sustainable Development with Accountability

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
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New partnership with Marriott will bring sustainable hotels to emerging markets

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
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Six questions about impact investing

June 05, 2012

By: Mitchell L. Strauss, Special Advisor Socially Responsible Finance 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. This Q&A explains the concept of Impact Investing, and why it offers the potential for such strong
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OPIC Executive Vice President Mimi Alemayehou Discusses Extensive Growth Opportunities in Africa

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.

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