With global foreign direct investment (FDI) flows expected to drop by 40 percent as a result of the COVID-19 pandemic, the need for better coordination among international financial institutions is now greater than ever.

MIGA hosted a global virtual event "Working Together to Unlock FDI" on December 8, 2020, and brought together multilateral development banks (MDBs), the private sector, and other stakeholders in the development community to discuss the opportunities and challenges of using political risk insurance to unlock private capital in developing countries.

The event also marked the launch of a new handbook Expanding Political Risk Insurance: A Partnership Approach to Grow Private Investment, which calls for deepened and systematic collaboration to mobilize private capital.

Please watch the replay of our event here.

Speakers

		Mari Pangestu Managing Director of Development Policy and Partnerships, World Bank
		Tharman Shanmugaratnam Senior Minister, Singapore; Chair, G20 Eminent Persons Group on Global Financial Governance (2017-2018)
		Hiroshi Matano Executive Vice President, MIGA
		Ethiopis Tafara Vice President and Chief Risk, Legal and Administrative Officer, MIGA
		Solomon Quaynor Vice President, Private Sector, Infrastructure and Industrialization, AfDB
		Nandita Parshad Managing Director, Sustainable Infrastructure Group, EBRD
		Fabio Fagundes Chief of Financial Products and Services Division, IDB Invest

Master of Ceremonies

		S. Vijay Iyer Vice President and Chief Operating Officer, MIGA

Please contact us at migaevent@worldbank.org if you have any questions.