Vision to Program to Projects (V2P2P)
Project Implementation and Supervision | Financial
World Bank Guarantees Program
The World Bank (IBRD) Guarantee Program offers two main types of Guarantees:
(i) Project-based Guarantees
They are applied in the context of specific investment projects where governments wish to attract private investment (equity and/or debt), and are designed to provide risk mitigation with respect to key risks which are essential for the viability of the investment.
(ii) Policy-based Guarantees
They are applied in the context of development policy operations where the World Bank supports a member country with their program of policy and institutional actions that promote growth and sustainable poverty reduction.