MIGA Annual Report 2020

Multilateral Investment Guarantee Agency

No 34544 in World Bank Publications - Books from The World Bank Group

Abstract: MIGA’s mandate is to promote cross-border private investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders. In FY20, MIGA issued nearly US$4 billion in new guarantees, helping mobilize over US$7 billion in total financing. FY20 projects will provide access to power to some 12.4 million people, procure US$4.3 million in goods locally each year, and avoid approximately 3 million tons of carbon dioxide equivalent (tCO2e) emissions per year. Of the 47 projects supported during FY20, 70 percent addressed at least one of the three strategic priority areas: IDA-eligible countries, fragile and conflict-affected situations (FCS), and climate change. Since its creation, MIGA has issued over $59 billion in guarantees across 118 developing countries.

Keywords: Finance; and; Financial; Sector; Development-Insurance; &; Risk; Mitigation; Finance; and; Financial; Sector; Development-International; Financial; Markets; Governance-Governance; and; the; Financial; Sector; Macroeconomics; and; Economic; Growth-Investment; and; Investment; Climate (search for similar items in EconPapers)
Date: 2020
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