Appropriations Legislation Delivers Victory for Vulnerable Communities

WASHINGTON, DC, Dec. 22, 2014—On Tuesday, December 16, 2014, President Obama signed the FY2015 Omnibus Appropriations bill[1] into law, securing a victory for communities in Liberia and environmental and human rights advocates. The law includes provisions in an explanatory statement that hold the U.S. Overseas Private Investment Corporation (OPIC) accountable for its role in a failed energy project in Liberia, which resulted in serious human rights, labor and environmental abuses. The federal agency approved over US$200 million in financing for the project, operated by Buchanan Renewables.

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