Every year, MIGA aims to draw cross-border investment to developing countries in support of the World Bank Group’s mission of ending extreme poverty and boosting shared prosperity. In fiscal year 2017, we continued this progress by mobilizing substantial additional capacity for clients and governments, offering innovative products and solutions, and partnering with public and private insurance providers worldwide.
In fact, we issued a record $4.8 billion in guarantees, with projects spanning across all regions and sectors and 61 percent of projects falling into at least one of our four strategic priority areas (IDA countries, Fragile and Conflict-affected States (FCS), Climate Change, and Innovation).
The projects we supported will help 8.5 million people gain access to power, avoid 1.1 million tons of greenhouse gas emissions, and enable access to healthcare for 8.7 million patients.
Explore our 2017 Annual Report to learn more information on our global commitments, development results, financial highlights, key events and more from July 1, 2016 to June 30, 2017.