1、1 For additional information, see OPICs Internet address http:/www.opic.gov/.2 Foreign Assistance Act of 1961 (P.L. 87-195); Executive Order No. 11579, January 19, 1971,36 F.R. 969, as amended.Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOr
2、der Code RS21587August 11, 2003Overseas Private Investment Corporation:Environmental Review ProceduresJames K. JacksonSpecialist in International Trade and FinanceForeign Affairs, Defense, and Trade DivisionSummaryCongress requires the Overseas Private Investment Corporation (OPIC) and otherU.S. age
3、ncies whose programs have the potential for adversely affecting theenvironment abroad, to develop and follow an established set of guidelines to mitigatethe environmental impact of its programs. To comply with this directive, OPIC hasdeveloped a multi-stage process to screen proposed projects to det
4、ermine if they meetthe Corporations environmental standards. OPIC conducts environmental impactassessments of all applicants for its programs and is directed by Congress to protect theenvironment and natural resources of developing countries. In particular, Congress hasdirected OPIC to protect tropi