Page 4 - Better Utilization News Today

Center for Biological Diversity: WASHINGTON— Environmental groups sued the United States International Development Finance Corporation, or DFC, today for illegally exempting itself from the Sunshine Act, which requires multi-member federal agencies to open deliberations to the public. The DFC provides billions of dollars in financing each year to international projects, including fracking and environmentally destructive road-building.

WASHINGTON — Environmental groups sued the United States International Development Finance Corporation (DFC) today for illegally exempting itself from the Sunshine Act, which requires multi-member federal agencies to open deliberations to the public. The DFC provides billions of dollars in financing each year to international projects, including fracking and environmentally destructive road-building. The Trump administration exempted the agency from the Sunshine Act in April 2020, despite the...

Toggle open close Senate Majority Leader Chuck Schumer (D–NY) has prioritized Senate passage of a major new bill on U.S. China policy. How the bill will come together—a total of eight committee chairs have been tasked with drafting it—remains an open question. Whatever the ultimate vehicle, this bill is a once-in-a-decade opportunity for Congress to develop a comprehensive approach to China. It should adhere as closely to the regular order as possible. In the process, Members should consi...

A new U.S. agency promises to harness the power of private investment.

‘Reducing bureaucratic restrictions can be welcoming for impact investment’ March 01, 2021 Ajay Rao, Regional Managing Director for South Asia, US International Development Finance Corporation (DFC)× In an exclusive interview with BusinessLine, Ajay Rao, Regional Managing Director for South Asia, DFC shares his views on impact investment in India, challenges and opportunities. US International Development Finance Corporation (DFC), the US government’s development finance institution, has...

Counter-terrorism in Africa: resetting a result-based approach under President Biden? Written by Murielle Delaporte - 343 It is of course a bit early to predict the course of action the new US Administration is going to adopt regarding Africa in general, and regarding the fight against terror groups or what is being referred to nowadays as VEOs or Violent Extremist Organizations in that part of the world in particular. Nonetheless, it is possible to highlight some potential trends based on the...

Toggle open close Launched in 2016, the Three Seas Initiative (3SI) is a valuable project for strengthening trade, infrastructure, energy, and political cooperation among countries bordering the Adriatic Sea, the Baltic Sea, and the Black Sea. A strong, prosperous, and secure Eastern Europe is in America’s interest, and the 3SI plays an important role in making this happen. The 3SI has received strong bipartisan support in the U.S. since its inception, and despite the ongoing COVID-19 pandemi...

By Chris Olaoluwa Ogunmodede President Joe Biden will need to combine prudence with creativity to forge a more productive relationship with Nigeria, Africa’s most populous country and its largest economy. Notwithstanding Nigeria’s relative decline as a power within Africa, U.S.-Nigeria ties remain extensive by regional and continental standards. But they’ve been stymied in recent years by tensions over political corruption, Nigeria’s difficulties in managing the threat from the violent ...

© Getty Images One of the most bipartisan acts during the Trump administration was passage of the Better Utilization of Investments Leading to Development Act (BUILD Act) of 2018, establishing the United States International Development Finance Corporation (DFC). The DFC is "America’s development bank. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today.” On condition that the institution be aligned with climate chang...

The Next 100 Days: Positioning Africa at the forefront of the Biden Administration The new U.S. administration must double down on – not shy away from – engagements with African energy opportunities by facilitating U.S. private sector investment in natural gas and renewables and eschewing a return to aid-driven diplomacy CAPE TOWN, South Africa, January 21, 2021/APO Group/ -- On Wednesday, U.S. President Joe Biden was sworn into office, ushering in a new administration, new foreign policy ...