The OPIC Blog

Archive for the John Morton Tag

“The most predictable economic transformation in modern times:” OPIC COO John Morton featured in Quartz

Renewable energy investment in developing countries jumped 36 percent between 2013 and 2014 and now exceeds the level of renewable energy invested in developing economies, OPIC Chief Operating Officer John Morton, wrote in this piece in Quartz that examines the large investment in energy infrastructure that will be needed worldwide to keep up with a growing population. “Leading nations, with comparatively Read more…

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OPIC achieves major milestone, surpassing its initial Power Africa commitment

Two years ago President Obama launched one of the most ambitious development initiatives of his Presidency and enlisted the support of OPIC in Power Africa, designed to bring more electricity to the hundreds of millions of people in Sub-Saharan Africa who have none. OPIC committed $1.5 billion to the initiative and this week we reported that we’ve surpassed that initial Read more…

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Ten facts and forecasts that illustrate the demand for renewable energy in the developing world

OPIC is an active participant this week in Secretary Kerry’s Climate and Clean Energy Investment Forum, focused on clean energy and energy efficiency in the developing world. As the forum kicked off on Oct. 20, OPIC President and CEO Elizabeth L. Littlefield moderated a panel on the Clean Energy Transformation that featured multiple companies that are active investors in the Read more…

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OPIC’s support of the Caribbean Energy Security Initiative featured on State Department’s DipNote blog

“Energy security is a major challenge for the Caribbean,” OPIC Chief Operating Officer and Chief of Staff John Morton wrote in a recent post on the State Department’s DipNote blog. “The region is largely dependent on relatively high-cost imported fuel and electricity. Small isolated economies and unattractive investment policies discourage investment necessary to build sustainable energy systems. As a result, Read more…

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“Open for Business” at the U.S.-Ukraine Business Forum

In regions around the world near or vulnerable to violent conflict, instability can often be exacerbated by a lack of private sector investment. The governments of the United States and Ukraine have been working together to mitigate this risk in the face of recent conflict in the eastern part of that country. This week they hosted the U.S.-Ukraine Business Forum Read more…

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Featured photo: Transportation expansion in Tanzania

OPIC Chief of Staff John Morton meets with workers from the Alistair James Company Limited – a regional logistics business based outside of Dar Es Salaam, Tanzania. With OPIC support, the company owners – originally from Maryland – have nearly doubled their fleet of trucks and are now employing approximately 100 workers. The company is looking to eventually expand its transportation services Read more…

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Looking to Rio: Connecting the dots between environment and development

Later this week, as thousands of world leaders gather with the global development and business communities at the Rio+20 United Nations Conference on Sustainable Development in Brazil, they will focus on some of the seemingly incompatible challenges facing a world with a rapidly growing population and diminishing natural resources. Global energy consumption is expected to be 30% to 40% higher Read more…

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Renewing the future through investment

OPIC’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, Read more…

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Renewable energy: “A seismic economic opportunity”

John Morton, Vice President of Investment Policy at OPIC recently spoke at the Asia Clean Energy Forum, where he described the worldwide transition to cleaner forms of energy as “perhaps the most predictable economic transformation in modern history.” Here Morton details the environmental, economic and social benefits of renewable energy and discusses OPIC’s efforts to expand its presence in the Read more…

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“The most predictable economic transition in history”

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 Read more…

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