Foreign Investment Insurance

$2.9 Billion committed in FY2018–FY2023

Agency: Overseas Private Investment Corporation, Overseas Private Investment Corporation
Assistance: Insurance
CFDA number: 70.003
What it does: To insure investments of eligible U.S. investors in developing countries and emerging markets, against the political risks of inconvertibility, expropriation, and political violence. Special programs include insuring (l)contractors and exporters against arbitrary drawings of letters of credit posted as bid, performance or advance payment guaranties, (2)petroleum exploration, development and production (3)leasing operations, and (4) debt financials, including securities.
Who benefits: OPIC does not support projects that will result in the loss of U.S. jobs, that have a negative impact on the host country's economy or environment, or contribute to violations of internationally recognized worker rights. OPIC only supports projects that contribute to the economic and social development of the host country.
Who applies: Citizen of the United States; a corporation, partnership, or other association created under the laws of the United States or any State or territory, of which more than 50 percent is beneficially owned by U.S. citizens; a foreign corporation at least 95 percent owned by such entities; or any other 100 percent U.S.-owned foreign entity.
Authorized by: Foreign Assistance Act of 1969, Title IV, Section 234(a), Public Law 91-175, 22 U.S.C. 2191, et seq.
Program site: http://www.opic.gov . ↗

Committed by fiscal year

By dollars committed.

By dollars committed.

Committed through this program: Money committed under this assistance listing (its CFDA program), counted in the year each action happened.
How it's paid: Most programs pay out one way — a grant, or a direct payment to individuals; the flow bar only appears when a program genuinely mixes types.
Some recipients aren't itemized: For entitlement programs like Social Security and Medicare, the government reports one aggregate instead of naming tens of millions of people, so the recipient roster isn't part of the public record.
Awards, counted once: An award count is the number of distinct awards with at least one action that year — each counted once, however many times it was amended.
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Direct payments

Foreign Investment Insurance

$2.9 Billion committed in FY2018–FY2023

Agency: Overseas Private Investment Corporation, Overseas Private Investment Corporation
Assistance: Insurance
CFDA number: 70.003
What it does: To insure investments of eligible U.S. investors in developing countries and emerging markets, against the political risks of inconvertibility, expropriation, and political violence. Special programs include insuring (l)contractors and exporters against arbitrary drawings of letters of credit posted as bid, performance or advance payment guaranties, (2)petroleum exploration, development and production (3)leasing operations, and (4) debt financials, including securities.
Who benefits: OPIC does not support projects that will result in the loss of U.S. jobs, that have a negative impact on the host country's economy or environment, or contribute to violations of internationally recognized worker rights. OPIC only supports projects that contribute to the economic and social development of the host country.
Who applies: Citizen of the United States; a corporation, partnership, or other association created under the laws of the United States or any State or territory, of which more than 50 percent is beneficially owned by U.S. citizens; a foreign corporation at least 95 percent owned by such entities; or any other 100 percent U.S.-owned foreign entity.
Authorized by: Foreign Assistance Act of 1969, Title IV, Section 234(a), Public Law 91-175, 22 U.S.C. 2191, et seq.
Program site: http://www.opic.gov . ↗