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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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World Bank building

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

Our Impact Dropdown Description

Hands husking peas into a basket full of peas

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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Young woman bending down to tending to her outside chores

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

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Hyundai building

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

News

Statement Re: S.D.E Sea Wave

twitteremail

MIGA notes a press release issued by S.D.E Sea Wave, an Israeli company, on the PRNewswire dated March 23, 2011 under the headline "S.D.E's Sea Wave Power Plant Technology Checked and Approved by the World Bank."  The first sentence of the release reads as follows:  "S.D.E's Sea Wave Power Plant has been approved by MIGA (http://www.miga.org/) - The Multilateral Investment Guarantee Agency of The World Bank."

MIGA notes that both of the statements made are false.  MIGA has neither checked nor approved this technology, nor has MIGA approved any project or issued any guarantees for the investor. 

MIGA has requested that S.D.E Sea Wave issue a correction that retracts these inaccuracies. 

twitteremail