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High-integrity carbon markets have the potential to deliver an impactful triple bottom-line – imperative climate action, development outcomes, and private capital mobilization. Unfortunately, these markets are suffering from a significant trust deficit. For over 35 years, MIGA’s guarantees have bred trust. Join us for the launch of MIGA’s letter of authorization template administered by the WBG Guarantee Platform, a public good for securing insurability rights and standardizing host government commitments to investors.
About the World Bank Group Guarantee Platform
Initiated in 2024, the World Bank Group Guarantee Platform consolidates guarantee products and experts from across the World Bank Group institutions at MIGA. It provides a simplified and comprehensive menu of guarantee solutions, enabling clients to select the instrument that best suits their needs. The platform streamlines processes, removes redundancies, and provides greater accessibility by de-risking investments in developing countries. Its goal is to boost the WBG’s annual guarantee issuance to $20 billion by 2030.