MIGA Annual Report 2020

Jul 19, 2026

Uploaded by Eden

MIGA’s Annual Report 2020 explains its mandate to promote cross-border private investment in developing countries through political risk insurance and credit enhancement. It outlines the COVID-19 pandemic’s impact on foreign direct investment and stresses the heightened need to protect development gains and reduce extreme poverty. FY20 highlights include nearly US$4 billion in new guarantees, mobilizing over US$7 billion in financing, expanding access to power for about 12.4 million people, supporting local procurement, and avoiding millions of tCO2e emissions. MIGA positions these results within World Bank Group FY20 commitments to address urgent health, economic, and livelihoods disruptions.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages39

Reading Time1 h 38 min

AccessFree to download

About MIGA

Mandate and instruments

COVID-19 context and impacts

FY20 highlights

Guarantees and mobilized financing

Development and climate outcomes

World Bank Group FY20 commitments

Regional loan, grant, equity, and guarantee volumes

A message from the President

Rapid response and emergency operations

Support for supplies, health services, and the private sector

Pandemic response actions

Fast-track facility and deployment targets

Debt suspension efforts and international coordination

Recovery and development support

Economic reopening and job restoration

Transparency, debt sustainability, and social safety nets

Fuel subsidy reform and trade barriers reduction

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Annual Report ~~ ~~ 2020 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | About MIGA Our mandate is to promote cross-border private investment in developing countries by providing guarantees (political risk insurance and credit enhancement) to investors and lenders. The COVID-19 pandemic is expected to decrease global foreign direct investment (FDI) by up to 40 percent in 2020, and the World Bank Group forecasts that the global economy will experience the worst recession since World War II. Developing countries are at risk of wiping out critical development gains, and millions might be pushed into extreme poverty. Against the backdrop of these challenges, MIGA’s role and mission remain more essential than ever. 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. A member of the World Bank Group, MIGA is committed to strong development impact and promoting projects that are economically, environmentally, and socially sustainable. MIGA helps investors mitigate the risks of restrictions on currency conversion and transfer, breach of contract by governments, expropriation, war and civil disturbance, as well as offering credit enhancement on sovereign obligations. World Bank Group FY20 1 World Bank Group Global Commitments The World Bank Group supported developing countries in fiscal 2020 by delivering results for clients, convening key partners, and addressing an unprecedented pandemic and global economic challenge. $4.8 B Middle East & North Africa $12.8 B Latin America & the Caribbean $14.4 B South Asia $25.4 B Sub-Saharan Africa Total $77.1 billion in loans, grants, equity investments, and guarantees to partner countries and private businesses* *Total includes multiregional and global projects. Regional breakdowns reflect World Bank country classifications. World Bank Group FY20 2 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | A Message from | | | | | | | | | | the President | | | | | | | | | | The COVID-19 pandemic presented countries with unprecedented challenges this year, requiring them to respond quickly to major disruptions in health care, economic activity, and livelihoods. The World Bank Group has been at the forefront of that response, mobilizing rapidly to deliver muchneeded support to countries to provide critical supplies, reduce loss of life and economic hardship, protect hard-earned development gains, and deliver on our mission of reducing poverty and boosting | | | | | | | | | | shared prosperity. Our goal in all these efforts is to
improve conditions, both immediate and long-term,
for the poorest and most vulnerable populations. vice pay | ments | from | May | 1 thro | ugh th | e end | of 2020 | | At the onset of COVID-19, the Bank Group took broad, decisive action in delivering a fast-track facility to help countries respond quickly to this crisis. We expect to deploy up to $160 billion in the 15 months ending June 30, 2021, through new operations and the restructuring of existing ones to help countries address the wide range of needs arising from the pandemic. This will include over $50 billion of IDA resources on grant and highly concessional terms. By May, we reached the milestone of emergency health operations in 100 countries. Our initial projects f

FAQs

What is MIGA’s mandate in the Annual Report 2020?

MIGA promotes cross-border private investment in developing countries by providing guarantees such as political risk insurance and credit enhancement to investors and lenders.

How did MIGA perform in FY20 according to the report?

In FY20, MIGA issued nearly US$4 billion in new guarantees, helping mobilize over US$7 billion in total financing.

How does the report connect MIGA’s work to COVID-19 and global economic conditions?

It links the pandemic to reduced foreign direct investment and heightened risks for developing countries, emphasizing the need to protect development gains while supporting critical health, economic, and livelihood responses.

Jul 19, 2026

Uploaded by Eden