Rockefeller's Judith Rodin Joins Conversation on Innovative Finance, New Investment Tools and Climate Change
For the first time since the Industrial Revolution, investment in renewable energy worldwide surpassed that of fossil fuels last year. That economic transformation leaves John Morton feeling optimistic about the worldwide response to climate change.
Morton led the Overseas Private Investment Corp. as its chief operating office before transitioning to the White House as its senior director of energy and climate change in early 2016.
OPIC, the U.S. government’s international development finance institution, helps private American companies invest in emerging markets with loans, political risk insurance and equity investment funds.
OPIC made $3.7 billion worth of investments in fiscal year 2016, including $1.4 billion for energy projects of all types. In 2008, they began growing their portfolio of renewable energy investments from $10 million to more than $1 billion by 2011...