Asian Infrastructure Investment Bank

Integration of climate change into country level work

This page is part of the E3G Public Bank Climate Tracker Matrix, our tool to help you assess the Paris alignment of public banks, MDBs and DFIs.

Share
Paris alignmentReasoning
Not applicableAIIB does not have country-level strategies.

Explanation

As a member-driven bank, the AIIB does not have country-level strategies or sector quotas. These may be introduced in the future. COVID-19 has led to an expansion in membership – 10 countries in the last year have been added, including a number outside of Asia.

As per its mandate, the Bank operates on a project-to-project basis, without regard to concentration in any specific member country.  There is no country-level financing quota, but the Bank has set a financing ceiling of 15% for all operations in non-regional member countries.

The AIIB does not look at National Determined Contributions (NDCs) at the project screening stage – these elements come in at a later point. This is an important point due to the role of fossil fuels in NDCs in Asia – 12 NDCs across the Asian region include gas and six NDCs include coal in their plans.

 


 

Last Update: November 2020

Subscribe to our newsletter

    Privacy and Cookie policy