Post by MIGA
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How can countries finance resilience while protecting fiscal sustainability? Côte d’Ivoire secured West Africa’s first sustainability-linked sovereign loan, mobilizing €433 million in private financing backed by The World Bank Group guarantees from MIGA and IBRD. The financing is linked to two clear targets: ➡️ Expanding non-hydro renewable energy ➡️ Protecting forest cover Read the case study to learn how guarantees helped support an innovative financing approach for energy resilience and forest preservation. https://lnkd.in/ecN7vpEt