The MDBs-either directly, or indirectly through related agencies such as the World Bank Group's Multilateral Investment Guarantee Agency (MIGA)-provide risk mitigation through formal political or partial risk insurance (or guarantees) against certain non-commercial (country or political) risks to investments in developing countries. Covered risks include transfer restriction, expropriation, breach of contract, war and civil disturbance, and the non-honoring of sovereign financial obligations. Breach of contract coverage can be particularly useful for PPPs where governments are contractual partners.