Introductory Guide to Infrastructure Guarantee Products from Multilateral Development Banks

Guarantees are powerful tools to scale up private investment in infrastructure and enhance the catalytic role Multilateral Development Banks (MDBs) play in mobilizing private resources to bridge the global infrastructure gap. Nonetheless, their use has been relatively limited. This document is part of a long-term work plan devised by MDBs aiming at increasing the take up of guarantees provided by those institutions. It also aims to set the stage for further discussions on how to enhance MDB guarantee products and advance on the infrastructure as an asset class agenda. It builds on the work coordinated by the Inter-American Development Bank under the Standard Infrastructure MDB Approach (SIGMA), an MDB collaborative body which is working towards improving guarantee-related coordination, in collaboration with the Infrastructure Working Group of the G20.