How OPIC supports the planet on Earth Day and year-round
OPIC has transformed its portfolio in recent years to support more sustainable development, from geothermal power in Kenya and solar power in Chile to wind power in Jamaica and new technologies to deliver off-grid power to rural populations in India.
Here, OPIC President and CEO Elizabeth Littlefield explains how several global trends are converging to make sustainable development an imperative.
This chart, from our latest annual report, shows the strong growth in our commitments to renewable energy projects in recent years, as well as the significant impact these projects are having. The renewable energy projects to which OPIC committed in 2014 are projected to result in 1.9 million tons of CO2 avoided. That’s the equivalent of removing 400,000 passenger vehicles from the road.