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MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

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Explore different types of political risk insurance guarantees provided to investors and lenders.

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Explore global projects that support economic growth, reduce poverty and improves people’s lives.

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Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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About Us

The Multilateral Investment Guarantee Agency (MIGA) is a member of the World Bank Group. Our mandate is to promote cross-border investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders.

Our guarantees protect investments against noncommercial risks and can help investors obtain access to funding sources with improved financial terms and conditions. The agency derives its unique strength from the World Bank Group and from its structure as an international organization whose shareholders include most countries of the world. This enables us to provide an umbrella of deterrence against government actions that could disrupt projects, and assist in the resolution of disputes between investors and governments. We also add value through our ability to offer clients extensive knowledge of emerging markets and of international best practice in environmental and social management.

Our Strategy

  • A re-affirmed focus on the poorest through support for projects in IDA countries
  • A continuing emphasis on Fragile and Conflict-affected States, where MIGA has opportunity to have impact where private PRI insurers are unwilling to go, and
  • An expanded commitment to climate change mitigation and adaptation, targeting 28% of new issuance related to climate change mitigation or adaptation in 2020.

Understanding that MIGA's impact is correlated with the size of its issuance growth, MIGA aims to continue its ambitious trajectory of expansion, targeting issuance growth of 40% between FY16 and FY20. If achieved, MIGA's FY20 issuance would be four-fold what it was ten years prior and more than double what it was in FY13, despite more than five consecutive years of declining emerging market FDI flows. 

Our Pillars

To deliver on these targets, MIGA's FY18-20 strategy has four pillars:

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MIGA will enable new investments across sectors and regions through building on past efforts to improve operations and delivery in current segments

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MIGA will continue to create new ways of using its suite of products to create impact, especially through the use of new vehicles, including the IDA 18 Private Sector Window

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MIGA will develop, structure and launch new projects by playing a proactive role early in the pipeline through working with governments, state-owned enterprises, and investors

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MIGA will drive comprehensive country solutions and spur private sector investment and development by working as part of the WBG's Maximizing Finance for Development (MFD) Approach

Performance Standards

As a multilateral development agency, MIGA only supports investments that are developmentally sound and meet high social and environmental standards. MIGA applies a comprehensive set of social and environmental performance standards to all projects and offers extensive expertise in working with investors to ensure compliance to these standards.

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