Title: World Bank Group Guarantees platform (Main Website)
Language: English
Type: Website
Nature: Institution
Published: July 14, 2024
Region: Global
Country: Global-World
Topic: Tools, Financing and Risk Mitigation
Keywords: PPP Tools *, Toolkits **
Document Link(s):
Document Summary:
The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group. MIGAs mandate is to promote cross-border investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders.
Document Details:
Leveraging the World Bank Group’s collective expertise over 80 years of engagement with governments, the guarantee platform is ready to support private sector investments in developing countries to drive much-needed, impactful solutions:
- MIGA will help countries and companies respond to the COVID-19 pandemic and its wider economic impact.
- The Agency is committed to playing its full part in delivering the World Bank’s twin goals and supporting the World Bank and IFC in meeting their capital package commitments.
- The Agency will increase its proportion of guarantees in IDA countries and Fragile and Conflict-Affected Situations (FCS) and guarantees in support of Climate Finance.
Updated: October 8, 2024