Covers private investors and/or lenders against the risks of transfer restriction/inconvertibility, expropriation (including regulatory risks), war/civil disturbance, and breach of contract (BoC). For IPPs, BoC covers non-payment of an arbitral award against the offtaker or sovereign, and provides protection against such entity's failure to perform its contractual obligations resulting in a termination.
Marcus Williams, Manager, Energy & Extractives mwilliams@worldbank.org