About Us | Multilateral Investment Guarantee Agency

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<a href="/web/20190613183641/https://www.miga.org/access-information">Access to Information</a> <a href="/web/20190613183641/https://www.miga.org/environmental-social-sustainability">Environmental & Social Sustainability</a> <a href="/web/20190613183641/https://www.miga.org/integrity">Integrity</a> </div> </div> </div> </div> <div class="card"> <div class="card-header" id="headingAbout"> <button class="collapsed" data-toggle="collapse" data-target="#collapse4" aria-expanded="false" aria-controls="collapseAbout"> Our Impact </button> </div> <div id="collapse4" class="collapse" aria-labelledby="headingAbout" data-parent="#accordion"> <div class="card-body"> <section class="block block-block-content block-block-content968dbe2b-5825-4f0a-8a25-d654c2bdc933 clearfix"> <div class="block-content block-content--type-mega-menu-dropdown-description block-content--view-mode-full ds-2col clearfix"> <div class="group-left"> <div class="field field--name-field-image field--type-image 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class="dropdown-title"> What We Do</div> <p>Explore different types of political risk insurance guarantees provided to investors and lenders.</p> <div class="reverse btn-orange-outline"> <a href="/web/20190613183641/https://www.miga.org/what-we-do">Learn More</a></div> </div> </div> </section> </div> </div> </div> </div> <div class="tb-megamenu-column span3 mega-col-nav menu-first-column" data-class="menu-first-column" data-width="3" data-hidewcol="" id="tb-megamenu-column-6"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <ul class="tb-megamenu-subnav mega-nav level-1 items-4"> <li class="tb-megamenu-item level-2 mega dropdown-submenu" data-id="menu_link_content:54de4e6e-9b39-4cbc-9daf-cd1ba73bf29d" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Our Products"> <a href="/web/20190613183641/https://www.miga.org/products" class="dropdown-toggle"> Our Products <span 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btn-orange-outline"> <a href="/web/20190613183641/https://www.miga.org/projects">Search Projects</a></div> </div> </div> </section> </div> </div> </div> </div> <div class="tb-megamenu-column span3 mega-col-nav" data-class="" data-width="3" data-hidewcol="" id="tb-megamenu-column-10"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <ul class="tb-megamenu-subnav mega-nav level-1 items-3"> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:5ef898ca-8adf-4213-b937-a1caba1719dd" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Access to Information"> <a href="/web/20190613183641/https://www.miga.org/access-information"> Access to Information </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:c8241549-fcb2-40e6-a2a8-88f1ffbbd0ee" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" 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href="/web/20190613183641/https://www.miga.org/our-impact" class="dropdown-toggle"> Our Impact <span class="caret"></span> </a> <div class="tb-megamenu-submenu dropdown-menu mega-dropdown-menu nav-child" data-class="" data-width="1200" style="width: 1200px;"> <div class="mega-dropdown-inner"> <div class="tb-megamenu-row row-fluid"> <div data-showblocktitle="0" class="tb-megamenu-column span6 mega-col-nav" data-class="" data-width="6" data-hidewcol="" id="tb-megamenu-column-11"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <div class="tb-block tb-megamenu-block" data-type="block" data-block="ourimpactdropdowndescription"> <div class="block-inner"> <section id="block-block-content968dbe2b-5825-4f0a-8a25-d654c2bdc933" class="block block-block-content block-block-content968dbe2b-5825-4f0a-8a25-d654c2bdc933 clearfix"> <div class="block-content block-content--type-mega-menu-dropdown-description block-content--view-mode-full ds-2col clearfix"> <div class="group-left"> <div class="field field--name-field-image field--type-image field--label-hidden clearfix field--item"> <img src="/web/20190613183641im_/https://www.miga.org/sites/default/files/styles/miga_teaser/public/2018-06/megamenu-thumbnail-impact.png?itok=EfGE236x" width="1600" height="1100" alt="Hands husking peas into a basket full of peas" typeof="foaf:Image" class="img-responsive"/> </div> </div> <div class="group-right"> <div class="dropdown-title"> Our Impact</div> <p>Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve聽people鈥檚 lives.</p> <div class="reverse btn-orange-outline"> <a href="/web/20190613183641/https://www.miga.org/our-impact">Learn More</a></div> </div> </div> </section> </div> </div> </div> </div> <div class="tb-megamenu-column span3 mega-col-nav" data-class="" data-width="3" data-hidewcol="" id="tb-megamenu-column-12"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <ul class="tb-megamenu-subnav mega-nav level-1 items-4"> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:04f5bcc6-15b8-44a2-8a9b-9ff83107cc58" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Climate Change"> <a href="/web/20190613183641/https://www.miga.org/climate-change"> Climate Change </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:033e8564-2905-4a66-90b4-7884216b0d89" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Fragile and Conflict-affected Settings"> <a href="/web/20190613183641/https://www.miga.org/fragile-and-conflict-affected-settings"> Fragile and Conflict-affected Settings </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:e5059f3f-23da-40eb-a01b-74787e7bdbc6" data-level="2" data-type="menu_item" 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level-2 mega" data-id="menu_link_content:fb84ac45-1f6a-4173-a43f-6727305900f9" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Water"> <a href="/web/20190613183641/https://www.miga.org/improving-access-water"> Water </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:baa2d540-3a66-40c7-b4ec-61a48a6391f0" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Working with Investors"> <a href="https://web.archive.org/web/20190613183641/https://www.miga.org/working-investors"> Working with Investors </a> </li> </ul> </div> </div> </div> </div> </div> </li> <li class="tb-megamenu-item level-1 mega orange-btn mega-align-justify" data-id="menu_link_content:a98c8a1d-22d9-43be-9aa6-f106a38aa0d1" data-level="1" data-type="menu_item" data-class="orange-btn" data-xicon="" data-caption="" data-alignsub="justify" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Get Coverage"> <a href="/web/20190613183641/https://www.miga.org/apply"> Get Coverage </a> </li> </ul> </div> </div> </section> </div> </div> </div> </header> <div role="main" class="main-container container js-quickedit-main-content"> <div class="row"> <section class="col-sm-12"> <div class="highlighted"> <div class="region region-highlighted"> </div> </div> <a id="main-content"></a> <div class="region region-content"> <div class="container"> <div class="row header-section"> <div class="col-sm-12 layout__region"> <div><div class="block-region-top"><section class="block block-ctools block-entity-viewnode clearfix"> <div data-history-node-id="46" role="article" about="/about-us" typeof="schema:WebPage" class="page header clearfix"> <div class="basic-page-header basic-page-header-with-image basic-page-header-about"> <img src="/web/20190613183641im_/https://www.miga.org/sites/default/files/2018-06/header_aboutus_0.jpg"/> <div class="header-overlap-textarea"> <div class="page-type page-type-about page-type--shadow">about</div> <h2> <div class="field field--name-field-foreign-language-title field--type-string field--label-hidden clearfix field--item">About Us</div> </h2> </div> </div> </div> </section> </div></div> </div> </div> <div class="row main-content"> <div class="col-sm-12 layout__region"> <div><div class="block-region-main"><section class="block block-ctools block-entity-viewnode clearfix"> <div data-history-node-id="46" class="layout layout--onecol"> <div class="layout__region layout__region--content"> <div class="field field--name-field-body-paragraphs field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--content paragraph--view-mode--default paragraph--id--2711"> <div class="paragraph__column"> <div class="field field--name-field-body field--type-text-long field--label-hidden clearfix field--item"><p>The Multilateral Investment Guarantee Agency (MIGA) is a member of the <a href="https://web.archive.org/web/20190613183641/http://www.worldbank.org/">World Bank Group</a>. Our mandate is to promote cross-border investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders.</p> <p><a href="/web/20190613183641/https://www.miga.org/products">Our guarantees</a> protect investments against noncommercial risks and can help investors obtain access to funding sources with improved financial terms and conditions. The agency derives its unique strength from the World Bank Group and from its structure as an international organization whose <a href="/web/20190613183641/https://www.miga.org/member-countries">shareholders </a>include most countries of the world. This enables us to provide an umbrella of deterrence against government actions that could disrupt projects, and assist in the resolution of disputes between investors and governments. We also add value through our ability to offer clients extensive knowledge of emerging markets and of international best practice in <a href="/web/20190613183641/https://www.miga.org/environmental-social-sustainability">environmental and social management</a>.</p> <h3>Our Strategy</h3> <ul><li>A re-affirmed focus on the poorest through support for projects in IDA countries</li> <li>A continuing emphasis on Fragile and Conflict-affected States, where MIGA has opportunity to have impact where private PRI insurers are unwilling to go, and</li> <li>An expanded commitment to climate change mitigation and adaptation, targeting 28% of new issuance related to climate change mitigation or adaptation in 2020.</li> </ul><p>Understanding that MIGA's impact is correlated with the size of its issuance growth, MIGA aims to continue its ambitious trajectory of expansion, targeting issuance growth of 40% between FY16 and FY20. If achieved, MIGA's FY20 issuance would be four-fold what it was ten years prior and more than double what it was in FY13, despite more than five consecutive years of declining emerging market FDI flows.聽</p></div> </div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--column-container paragraph--view-mode--default"> <div class="paragraph-header"> <h5> <div class="field field--name-field-title field--type-string field--label-hidden clearfix field--item">Our Pillars</div> </h5> <div class="field field--name-field-body field--type-text-long field--label-hidden clearfix field--item"><p>To deliver on these targets, <a href="https://web.archive.org/web/20190613183641/http://www.miga.org/report/strategy-business-outlook-fy18-20">MIGA's FY18-20 strategy</a> has four pillars:</p></div> </div> <div class="grid grid-4"> <div class="field field--name-field-columns field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--column paragraph--view-mode--default paragraph--id--3076"> <div class="paragraph__column"> <div class="field field--name-field-icon field--type-image field--label-hidden clearfix field--item"> <img src="/web/20190613183641im_/https://www.miga.org/sites/default/files/2018-06/PILLAR_core-business.png" width="300" height="300" alt="handshake icon" typeof="foaf:Image" class="img-responsive"/> </div> <div class="field field--name-field-title field--type-string field--label-hidden field--item"><h4>GROW CORE BUSINESS</h4></div> <div class="field field--name-field-body field--type-text-long field--label-hidden clearfix field--item"><p>MIGA will enable new investments across sectors and regions through building on past efforts to improve operations and delivery in current segments</p></div> </div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--column paragraph--view-mode--default paragraph--id--3081"> <div class="paragraph__column"> <div class="field field--name-field-icon field--type-image field--label-hidden clearfix field--item"> <img src="/web/20190613183641im_/https://www.miga.org/sites/default/files/2018-06/PILLAR_innovative-applications.png" width="300" height="300" alt="lightbulb icon" typeof="foaf:Image" class="img-responsive"/> </div> <div class="field field--name-field-title field--type-string field--label-hidden field--item"><h4>INNOVATIVE APPLICATIONS</h4></div> <div class="field field--name-field-body field--type-text-long field--label-hidden clearfix field--item"><p>MIGA will continue to create new ways of using its suite of products to create impact, especially through the use of new vehicles, including the IDA 18 Private Sector Window</p></div> </div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--column paragraph--view-mode--default paragraph--id--3091"> <div class="paragraph__column"> <div class="field field--name-field-icon field--type-image field--label-hidden clearfix field--item"> <img src="/web/20190613183641im_/https://www.miga.org/sites/default/files/2018-06/PILLAR_create-projects.png" width="300" height="300" alt="court house icon" typeof="foaf:Image" class="img-responsive"/> </div> <div class="field field--name-field-title field--type-string field--label-hidden field--item"><h4>CREATE PROJECTS FOR IMPACT</h4></div> <div class="field field--name-field-body field--type-text-long field--label-hidden clearfix field--item"><p>MIGA will develop, structure and launch new projects by playing a proactive role early in the pipeline through working with governments, state-owned enterprises, and investors</p></div> </div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--column paragraph--view-mode--default paragraph--id--3096"> <div class="paragraph__column"> <div class="field field--name-field-icon field--type-image field--label-hidden clearfix field--item"> <img src="/web/20190613183641im_/https://www.miga.org/sites/default/files/2018-06/PILLAR_create-markets.png" width="300" height="300" alt="chart icon" typeof="foaf:Image" class="img-responsive"/> </div> <div class="field field--name-field-title field--type-string field--label-hidden field--item"><h4>CREATE MARKETS</h4></div> <div class="field field--name-field-body field--type-text-long field--label-hidden clearfix field--item"><p>MIGA will drive comprehensive country solutions and spur private sector investment and development by working as part of the <a href="https://web.archive.org/web/20190613183641/http://www.worldbank.org/en/about/partners/maximizing-finance-for-development">WBG's Maximizing Finance for Development (MFD)</a> Approach</p></div> </div> </div> </div> </div> </div> </div> </div> <div class="field--item"> <div class="paragraph paragraph--type--content paragraph--view-mode--default paragraph--id--3101"> <div class="paragraph__column"> <div class="field field--name-field-body field--type-text-long field--label-hidden clearfix field--item"><h3 class="text-align-center">Performance Standards</h3> <p>As a multilateral development agency, MIGA only supports investments that are developmentally sound and meet high <a href="/web/20190613183641/https://www.miga.org/environmental-social-sustainability"><strong>social and environmental standards</strong></a>. MIGA applies a comprehensive set of social and environmental performance standards to all projects and offers extensive expertise in working with investors to ensure compliance to these standards.</p></div> </div> </div> </div> </div> </div> </div> </section> </div></div> </div> </div> </div> <div class="container-fluid"> <div class="row"> <div class="col-sm-12 layout__region"> <div><div class="block-region-bottom"><section class="views-element-container block block-views block-views-blockrelated-content-explore-more clearfix"> <h5 class="block-title">Explore More</h5> <div class="form-group"><div class="explore-more view view-related-content view-id-related_content view-display-id-explore_more js-view-dom-id-81d33032bd8b07cd15675b92e221e8009b9576fe3ebe9a0b5ea630a1da00132e"> <div class="view-content"> <div> <div id="flexslider-1" class="flexslider optionset-flexslider-carousel-with-four-up"> <ul class="slides"> <li> <div class="inner"> <div data-history-node-id="51" class="node node--type-page node--view-mode-explore ds-1col clearfix" typeof="schema:WebPage"> <div class="field--name-field-page-type-icon"><img class="icon icon-normal" src="/web/20190613183641im_/https://www.miga.org/themes/custom/miga/svg/miga-icons/CONTENT-TYPE_white-page.svg" alt="page"></div> <div class="explore--overflowing-text"> <div class="field--name-field-page-type">About</div> <div class="field field--name-field-short-title field--type-string field--label-hidden field--item"><h3 class="page-title"><a href="/web/20190613183641/https://www.miga.org/history">History</a></h3></div> <div class="field field--name-field-teaser field--type-string field--label-hidden clearfix field--item">Since 1985, MIGA has been the multilateral political risk insurance provider to enhance the flow of capital and technology to developing countries. </div> </div> <div class="background-multiply"> <a href="/web/20190613183641/https://www.miga.org/history"><img src="/web/20190613183641im_/https://www.miga.org/sites/default/files/styles/miga_standard/public/2018-06/world-bank.jpg?h=676a92ff&itok=B_iZxMZ9" width="800" height="880" alt="world-bank" typeof="foaf:Image" class="img-responsive"/> </a> </div> </div> </div> </li> <li> <div class="inner"> <div data-history-node-id="61" class="node node--type-page node--view-mode-explore ds-1col clearfix" typeof="schema:WebPage"> <div class="field--name-field-page-type-icon"><img class="icon icon-normal" src="/web/20190613183641im_/https://www.miga.org/themes/custom/miga/svg/miga-icons/CONTENT-TYPE_white-page.svg" alt="page"></div> <div class="explore--overflowing-text"> <div class="field--name-field-page-type">About</div> <div class="field field--name-field-short-title field--type-string field--label-hidden field--item"><h3 class="page-title"><a href="/web/20190613183641/https://www.miga.org/member-countries">Member Countries</a></h3></div> <div class="field field--name-field-teaser field--type-string field--label-hidden clearfix field--item">MIGA insures cross-border investments made by investors in any MIGA member country into a developing member country.</div> </div> <div class="background-multiply"> <a href="/web/20190613183641/https://www.miga.org/member-countries"><img src="/web/20190613183641im_/https://www.miga.org/sites/default/files/styles/miga_standard/public/2018-06/map.jpg?h=d3560978&itok=2FF8dseh" width="800" height="880" alt="map" typeof="foaf:Image" class="img-responsive"/> </a> </div> </div> </div> </li> <li> <div class="inner"> <div data-history-node-id="66" class="node node--type-page node--view-mode-explore ds-1col clearfix" typeof="schema:WebPage"> <div class="field--name-field-page-type-icon"><img class="icon icon-normal" src="/web/20190613183641im_/https://www.miga.org/themes/custom/miga/svg/miga-icons/CONTENT-TYPE_white-page.svg" alt="page"></div> <div class="explore--overflowing-text"> <div class="field--name-field-page-type">About</div> <div class="field field--name-field-short-title field--type-string field--label-hidden field--item"><h3 class="page-title"><a href="/web/20190613183641/https://www.miga.org/board-directors">Board of Directors</a></h3></div> <div class="field field--name-field-teaser field--type-string field--label-hidden clearfix field--item">MIGA鈥檚 Board of Directors represents our member countries and guide the programs and activities of the organization.</div> </div> <div class="background-multiply"> <a href="/web/20190613183641/https://www.miga.org/board-directors"><img src="/web/20190613183641im_/https://www.miga.org/sites/default/files/styles/miga_standard/public/2018-07/Standard_1600x985_board.jpg?h=676a92ff&itok=QiKrrlyl" width="800" height="880" alt="Board of Directors" typeof="foaf:Image" class="img-responsive"/> </a> </div> </div> </div> </li> <li> <div class="inner"> <div data-history-node-id="76" class="node node--type-page node--view-mode-explore ds-1col clearfix" typeof="schema:WebPage"> <div class="field--name-field-page-type-icon"><img class="icon icon-normal" src="/web/20190613183641im_/https://www.miga.org/themes/custom/miga/svg/miga-icons/CONTENT-TYPE_white-page.svg" alt="page"></div> <div class="explore--overflowing-text"> <div class="field--name-field-page-type">About</div> <div class="field field--name-field-short-title field--type-string field--label-hidden field--item"><h3 class="page-title"><a href="/web/20190613183641/https://www.miga.org/political-risk-insurance">Political Risk Insurance</a></h3></div> <div class="field field--name-field-teaser field--type-string field--label-hidden clearfix field--item">Political risk insurance is a tool for businesses to mitigate and manage risks arising from the adverse actions, or inactions, of governments.</div> </div> <div class="background-multiply"> <a href="/web/20190613183641/https://www.miga.org/political-risk-insurance"><img src="/web/20190613183641im_/https://www.miga.org/sites/default/files/styles/miga_standard/public/2018-06/political-risk-insurance.jpg?h=65f4e180&itok=lI7oz_Gh" width="800" height="880" alt="Political Risk Insurance" typeof="foaf:Image" class="img-responsive"/> </a> </div> </div> </div> </li> <li> <div class="inner"> <div data-history-node-id="86" class="node node--type-page node--view-mode-explore ds-1col clearfix" typeof="schema:WebPage"> <div class="field--name-field-page-type-icon"><img class="icon icon-normal" src="/web/20190613183641im_/https://www.miga.org/themes/custom/miga/svg/miga-icons/CONTENT-TYPE_white-page.svg" alt="page"></div> <div class="explore--overflowing-text"> <div class="field--name-field-page-type">About</div> <div class="field field--name-field-short-title field--type-string field--label-hidden field--item"><h3 class="page-title"><a href="/web/20190613183641/https://www.miga.org/miga-convention">MIGA Convention</a></h3></div> <div class="field 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