World Bank Group Guarantee Platform

  • 12 Nov 2025

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The World Bank Group (WBG) has operationalised a unified Guarantee Platform to scale up the use of guarantees for mobilising private capital in developing countries. Initiated in 2024, the platform is housed at the Multilateral Investment Guarantee Agency (MIGA) and integrates guarantee products and expertise from the World Bank, the International Finance Corporation (IFC), and MIGA into a single, streamlined system.

Objectives

  • Scale guarantee issuance to USD 20 billion annually by 2030.
  • Serve as a one-stop shop for all WBG guarantee business.
  • De-risk investments to catalyse private capital flows into emerging markets and developing economies.
  • Improve simplicity, speed, and efficiency through a market-friendly menu of options.

What the Platform Offers

Clients can choose from a simplified menu of three guarantee/insurance coverages:

  1. Credit Guarantees- for loans to public or private sector entities.
  2. Trade Finance Guarantees- for trade finance projects involving public entities.
  3. Political Risk Insurance- against non-commercial risks (e.g., expropriation, transfer restrictions) for private sector projects or PPPs.

Why Guarantees Matter

  • Guarantees mitigate risk, lowering the cost of capital and crowding in private investment.
  • They complement country-level reforms and project preparation, enhancing bankability.
  • The approach aligns with global calls (including G20 expert recommendations) to expand guarantee use to unlock private finance.

Operational Significance

  • Consolidation at MIGA removes duplication across WBG institutions and standardises processes.
  • A scalable modelprioritises high-impact projects and optimises resource allocation.
  • The platform supports diverse sectors such as energy access, climate action, and pandemic preparedness, working alongside IFC’s advisory and financial instruments.

Recent Performance (FY 2024)

  • USD 10.3 billion in new guarantees issued across WBG products now aligned under the platform:
    • MIGA: USD 8.2 billion
    • IFC: USD 1.4 billion
    • World Bank: ~USD 0.7 billion