Sectors

MIGA makes available special guarantee facilities and trust funds to encourage investment in areas of special need, working with partners to leverage the amount of coverage the agency can provide. Currently, MIGA offers support through two trust funds:

• The Environmental and Social Challenges Fund for Africa is a pilot facility to help foreign investors address environmental and social challenges in Africa. It was created with a $1 million grant from the government of Japan.
• The West Bank and Gaza Investment Guarantee Trust Fund (Arabic) aims to encourage investors to increase investment in the West Bank and Gaza. Increased investment in productive areas is expected to contribute to the economic development of the region. MIGA administers the trust fund on behalf of its current sponsors—the Palestinian Authority and the Government of Japan.

MIGA also managed the Afghanistan Investment Guarantee Facility. The facility, now closed, provided cover for a total of five projects, and for an overall guarantee amount of $11.7 million.

MIGA also managed the European Union Investment Guarantee Trust Fund for Bosnia and Herzegovina. This $12 million fund has been fully utilized.