main navigation menu miga logo
World Bank building

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

Young woman bending down to tending to her outside chores

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

Hyundai building

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

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.

Subscribe to Our Monthly Newsletter
x

About Dropdown Description

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.

Our Products Dropdown Description

Young woman bending down to tending to her outside chores

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

Projects Dropdown Descriptions

Hyundai building

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

miga covid-19 response

MIGA COVID-19 Response Program

twitteremail

The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures have severely impacted economic activity. The World Bank Group's latest economic forecast envisions a 5.2 percent contraction in global GDP in 2020—the deepest global recession in decades, despite the extraordinary efforts of governments to counter the downturn. The impact of COVID-19 is also expected to exert downward pressure on FDI flows, whereby FDI is expected to decrease from 30 to 40 percent during 2020-2021. The impact of the crisis on emerging markets and developing economies is expected to be particularly severe.

Given these developments and MIGA's goal of mobilizing private investment for development, the Agency's role of supporting investment and job creation are more critical than ever. Responding to the crisis, on April 7th, MIGA launched a US$6.5 billion fast-track facility to help investors and lenders tackle COVID-19. As of March 2021, MIGA has provided US$5.0 billion for projects to mitigate the impact of the crisis in emerging markets and developing economies.

 

Client Eligibility:

MIGA's fast-track financing is available to potential clients whose projects demonstrate a clear COVID-19 related development impact. To apply for support under the facility, please contact us at: migacovid19facility@worldbank.org