Understanding Climate Finance

How World Bank’s MIGA insures climate project in challenging environments

Jan 10, 2023
Olga Calabozo Garrido leads MIGA's work in Latin America and the Caribbean, focusing on enabling climate-focused investments in challenging environments. She discusses how MIGA provides crucial political risk insurance to attract private investors. The conversation dives into evaluating risks, expanding local currency guarantees, and the strategic sectors targeted for climate resilience. Olga emphasizes the importance of collaboration between project teams and investors to foster economic growth while supporting vulnerable communities through sustainable initiatives.
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