OPIC Green Guaranties
OPIC Green Guaranties are U.S. government guaranties which adhere to the Green Bond Principles of 2014, developed in collaboration with leading capital markets issuers, investors, underwriters and environmental groups.
The first-ever OPIC Green Guarantees were placed with eligible U.S. investors in the domestic debt capital markets in September 2014 to support the construction of the Luz del Norte solar PV project in Chile – which will be, when completed, the largest PV project in Latin America.
The placing of these Green Guaranties aligns OPIC with the private sector in offering an asset class that is rapidly becoming an attractive investment for generating both social and financial returns.
The Green Bond Principles recognize several broad categories of potential eligible projects including but not limited to:
- Renewable energy
- Energy efficiency (including efficient buildings)
- Sustainable waste management
- Sustainable land use (including sustainable forestry and agriculture)
- Biodiversity conservation
- Clean transportation
- Clean water and/or drinking water
For more information on the Green Bond Principles use of proceeds, reporting, and project evaluations, please refer to the Voluntary Process Guidelines for Issuing Green Bonds.