Asia has emerged as the most economically dynamic region in the world, but its rapid growth is outstripping the region＇s capacity for electric power. Due to the huge financing requirement of the power sector, most of the increases in capacity will have to be financed by the private sector. OPIC is already participating in several privately financed projects (through its project finance, insurance and pre-investment service programmes), and plans further participation in the future. OPIC is helping develop creative solutions in two critical areas - the need to balance Asia＇s energy needs with environmental concerns, and financing and risk management issues.