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Blog Post
May 07, 2014
The House of Representatives is scheduled to vote on the Electrify Africa Act later tonight. This legislation would increase the US government’s efforts to promote reliable and affordable electricity for the roughly 600 million Africans that currently live without it. It aims to mobilize all U...
Blog Post
March 21, 2014
For those who have read CGD’s work over the years, you’ll know that I’m a big fan of the Overseas Private Investment Corporation (OPIC). What’s not to like about an efficient, can-do organization that mobilizes private capital for development gain, and at zero cost to taxpaye...
Blog Post
March 12, 2014
Our recent paper suggesting that there are stark tradeoffs between energy access and pursuing a renewables-only energy strategy has attracted a lot of attention. We responded to Michael Levi’s post on CFR.org here, but it seems worth addressing some of the o...
Blog Post
March 04, 2014
Bipartisanship has a pulse in Washington after all. Or, maybe it’s just Ed Royce (R-CA) and Eliot Engel (D-NY) reminding the town that certain issues trump the desire to deliver mortal body blows. What unites this conservative from San Bernardino and a progressive from the Bronx? The belief th...
Blog Post
February 11, 2014
Over at the Council on Foreign Relations website, Michael Levi posted a reply to our recent paper on estimating the tradeoffs between OPIC power generation investments based upon natural gas and renewable sources. We are grateful to Michael for his thoughtful comments and for ins...
Blog Post
January 30, 2014
Of the many outcomes in the FY2014 Omnibus Appropriations legislation, one that stood out was buried in section 7081. This provision now allows the Overseas Private Investment Corporation (OPIC) to invest in fossil fuel power projects in IDA and IDA-blend countries. In other words,&nb...
PUBLICATION
August 14, 2013
A strengthened OPIC—more efficiently deploying existing tools at no additional budget cost—would (1) increase US commercial access in emerging economies, (2) reflect economic, social, and political priorities in developing countries, (3) promote flagship US initiatives during austere budget conditio...
Blog Post
December 12, 2012
This is a joint post with Ben Leo, former CGD research fellow and now Policy Director at ONE.
The Overseas Private Investment Corporation is the best US development agency you’ve probably never heard of. Known as OPIC, it’s often mistakenly confused with the oil cartel. But if you care about...