Climate Finance Specialist, Overseas Private Investment Corporation (OPIC)
Stephen Morel is a climate finance specialist with the Global Climate Finance Facility, a US State Department/OPIC funded program aimed at bolstering projects in climate mitigation and energy efficiency throughout developing economies. Through this program, Mr. Morel has focused predominantly on the build-out of renewable power generation projects.
In FY 2015, OPIC committed almost $2 billion to renewables including wind, biogas/biomass, solar PV, and CSP generation technologies. In addition to those technologies, Mr. Morel has been very active in the development of geothermal power projects and the role of public-private partnerships in financing geothermal.
Mr. Morel joined OPIC in 2011. Prior to that, he worked in energy investment banking at Friedman, Billings, Ramsey (FBR) and Taylor-DeJongh (TDJ). He holds a master’s degree from Johns Hopkins School of Advanced International Studies where he specialized in international finance and energy policy.