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While the re-election of President Obama is seen good news for green tech companies, whether the government will increase its financial support and successfully push for emission-reduction policies remain to be seen.
FORBES: ARPA-E Bets $130 Million On Cutting-Edge Green Tech
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In addition, the FOL provides financial support to multiple local charities as part of its goal to be good citizens and guests in Manta.
CENTERFORSECURITYPOLICY: China displaces the U.S. at Ecuador��s Manta Base
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And far from dallying, the Fund has been in constant dialogue with the government during much of the last year, and even since the default on Brady bonds in September has offered financial support, provided Ecuador carried out agreed-upon policy measures and was making good-faith efforts to reach a collaborative agreement with its creditors.
ECONOMIST: Letters