MIGA Annual Reports & Financial Statements

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https://hdl.handle.net/10986/2129
Multilateral Investment Guarantee Agency (MIGA), which is part of the World Bank Group, provides political risk insurance or guarantees against losses caused by noncommercial risks to facilitate foreign direct investment (FDI) in developing countries. MIGA’s mission statement is “To promote foreign direct investment into developing countries to support economic growth, reduce poverty, and improve people’s lives.”

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Sustainable Development Goals: SDG 1: No Poverty × Sustainable Development Goals: SDG 13: Climate Action × Topic: Finance and Financial Sector Development × Subject: FOREIGN DIRECT INVESTMENT ×
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MIGA Annual Report 2017: Insuring Investments, Ensuring Opportunities

2017-10, Multilateral Investment Guarantee Agency

In fiscal year 2017, MIGA continued to work on the WBG’s twin goals of eradicating extreme poverty and promoting shared prosperity by focusing on IDA (low income) countries, Fragile and Conflicted States, Climate Change and Innovation. Projects we supported will help 8.5 million people gain access to power, help avoid 1.1 million tons of greenhouse gas emissions, and enable access to healthcare for 8.7 million patients. We issued $4.8 billion in guarantees to private investors. This is a record for MIGA. Nearly half of our projects were in IDA. We also continued to work tirelessly to ensure that we supported investments in fragile and conflict-affected countries, which make up 10% of our portfolio.

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