Every year, MIGA aims to draw cross-border investment to developing countries in support of the World Bank Group’s mission of ending extreme poverty and boosting shared prosperity. In fiscal year 2018, we continued this progress by mobilizing substantial additional capacity for clients and governments, offering innovative products and solutions, and partnering with public and private insurance providers worldwide.
In fact, we issued a record $5.3 billion in guarantees, with nearly 60 percent of projects we issued guarantees for supporting climate change mitigation and adaptation activities.
The projects we supported will help 8 million people gain access to power, avoid 3 million tons of greenhouse gas emissions, and enable 10.3 million patient consultations per year.
Explore our 2018 Annual Report to learn more information on our global commitments, development results, financial highlights, key events and more from July 1, 2017 to June 30, 2018.