Africa > World Bank insurance agency issues $180 mln guarantee to carbon project developer against political risk

World Bank insurance agency issues $180 mln guarantee to carbon project developer against political risk

Published 19:16 on March 17, 2025  /  Last updated at 19:16 on March 17, 2025  / /  Africa, Aviation/CORSIA, EMEA, International, Paris Article 6, Voluntary

The World Bank's insurance agency has issued a $179.6 million guarantee to a clean cooking carbon project developer covering political risk affecting its credits such as expropriation, international transfer restrictions, and breach of contract.
The World Bank's insurance agency has issued a $179.6 million guarantee to a clean cooking carbon project developer covering political risk affecting its credits such as expropriation, international transfer restrictions, and breach of contract.


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