Showing 1 - 12 of 51 results
Joint Statement on Establishment of DFC-MIGA Consultative Group on Political Risk Insurance for Ukraine
– The availability of political risk insurance, including war risk insurance, can play a critical role in promoting private sector investments in Ukraine to aid its economy, recovery, and eventual reconstruction. Given their collective expertise in the provision of risk-mitigation products and their experience in Ukraine, the U.
Joint Declaration of Support for Trade Finance in Ukraine
We, the undersigned support the resilience of Ukraine’s private sector in the face of Russia’s invasion. With these signatures, DFC, BII, and MIGA indicate our intent to demonstrate that support by unlocking trade into Ukraine, in partnership with IFC’s Global Trade Finance Program (GTFP).
MIGA Proposes Approach for Strengthening Collaboration Among Multilateral Development Banks
Global poverty had been declining dramatically over the past four decades, helped in part by investment in struggling countries from private entities in wealthy nations. In recent years, though, there hasn’t been enough. Foreign direct investment (FDI) into nations beset by severe poverty and conflict has been falling since 2015, when it totaled $93 billion.
European Commission and World Bank Group Renew Agreement to Strengthen Development Cooperation
The European Commission and the World Bank Group have signed a Financial Framework Partnership Agreement (FFPA), which guides the terms under which the Bank Group will use funding from the European Union to implement development projects across the world. Click here to read the full press release.