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Averting a gas shortfall in Ukraine through a World Bank guarantee

Did you know that a World Bank guarantee helped create the Ukraine gas Supply Security Facility to keep the heating on for 12 million customers in the country? Read a first-hand account of how it came about in our blog:

Averting a gas shortfall in Ukraine through a World Bank guarantee

Photo: David Lawrence / World Bank Group One September afternoon, my boss, Pankaj Gupta, popped his head into my office. He had some ideas about how the novel use of guarantees might help solve a type of problem we had not faced before. The energy and Extractives Global Practice had received a reque…