The Multilateral Investment Guarantee Agency (MIGA) is one of the five member institutions of the World Bank Group. MIGA's primary role is to promote foreign direct investment (FDI) into developing countries to support economic growth. It does this by providing political risk insurance and credit enhancement to investors and lenders to protect against losses caused by non-commercial risks. By mitigating risks, MIGA encourages investors to commit capital to projects in riskier environments.