About the WBGTF
Established in 1997, WBGTF enables MIGA to support private sector investment and economic development in the West Bank and Gaza—an area affected by fragility, conflict, and violence. Because the West Bank and Gaza are not members of MIGA, they are not eligible for standard forms of guarantee support. WBGTF addresses this constraint by issuing guarantees in the Palestinian territories, with MIGA responsible for administering those guarantees as Administrator of the Trust Fund.
Through this structure, political risk insurance and trade finance guarantees facilitate investments essential to sustaining economic activity and delivering vital services. The fund may also cede risk to other MIGA trust funds, such as the Conflict‑Affected and Fragile Economies Facility (CAFEF), through first‑loss coverage or risk‑sharing arrangements. This flexibility strengthens WBGTF’s capacity to support projects in one of the world’s most complex and high‑risk environments.
WBGTF-issued guarantees enable private investment in sectors such as agriculture, energy, connectivity, and manufacturing, supporting economic activity in a highly complex environment.
Key Results (as of June 30, 2025)
- US$61.6 million in guarantees issued
- US$75.3 million in private capital mobilized
- Guarantees issued at up to 100% coverage, while still achieving leverage
Development Impact Highlights
Projects supported by WBGTF are expected to deliver:
- 1,121 direct jobs supported
- 109 jobs for women
- 11.66 GWh/year of expanded power generation
- 13,354 tCO₂e/year in greenhouse gas emissions avoided
- US$6.9 million in annual export revenue
Supporting Partners
The West Bank and Gaza Investment Guarantee Trust Fund (WBGTF) was originally capitalized through contributions from Japan and the Palestinian Authority. Additional contributions from Japan and a multiyear commitment from Norway have further strengthened support for MIGA’s guarantee activities in the West Bank and Gaza.