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MIGA Annual Report 2020

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  • Multilateral Investment Guarantee Agency

Abstract

MIGA’s mandate is to promote cross-border private investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders. In FY20, MIGA issued nearly US$4 billion in new guarantees, helping mobilize over US$7 billion in total financing. FY20 projects will provide access to power to some 12.4 million people, procure US$4.3 million in goods locally each year, and avoid approximately 3 million tons of carbon dioxide equivalent (tCO2e) emissions per year. Of the 47 projects supported during FY20, 70 percent addressed at least one of the three strategic priority areas: IDA-eligible countries, fragile and conflict-affected situations (FCS), and climate change. Since its creation, MIGA has issued over $59 billion in guarantees across 118 developing countries.

Suggested Citation

  • Multilateral Investment Guarantee Agency, 2020. "MIGA Annual Report 2020," World Bank Publications - Books, The World Bank Group, number 34544.
    • Handle: RePEc:wbk:wbpubs:34544
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/34544/MIGA_AnnualReport2020.pdf?sequence=2
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