MIGA and green political risk?
in World Bank Group interactions with environmentalists
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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.

World Bank Group interactions with environmentalists

Changing international organisation identities

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