MIGA and green political risk?

Susan Park

in World Bank Group Interactions with Environmentalists

Published by Manchester University Press

Published in print April 2010 | ISBN: 9780719079474
Published online July 2012 | e-ISBN: 9781781703335 | DOI:
MIGA and green political risk?

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This chapter focuses on transnational environmental advocacy networks' (TEANs) criticism on the Multilateral Investment Guarantee Agency (MIGA) over its role as a political risk guarantor of private sector capital in developing countries that have a negative environmental impact. It investigates how TEANs attempted to influence MIGA again through project campaigns, particularly on the Freeport mine in West Papua. This chapter also explains how identity shapes how international organisations (IOs) internalise international norms and shows how sustainable development norms espoused by TEANs increasingly shape private sector-oriented financial institutions with similar development goals but distinct professional identities.

Keywords: MIGA; TEANs; political risk guarantor; negative environmental impact; Freeport mine; international norms; sustainable development; financial institutions

Chapter.  18521 words. 

Subjects: Environment

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