GREEN INFRASTRUCTURE
INVESTING IN
Climate change and environmental degradation dramatically shift infrastructure needs toward infrastructure that is climate-resilient and that supports emission reduction targets under the Paris Agreement. Meeting the Sustainable Development Goals (SDGs) by 2030 will also require realizing significant increases in economically, environmentally and socially sustainable investments across multiple sectors.
As a major contributor to global greenhouse gas (GHG) emissions, Asia’s sustainable development pathway will be crucial for achieving the Paris Agreement objectives.
Increasing attention and commitment of our Members and clients to adapt to and mitigate the impact of climate change and address local environmental problems have reinforced the need for AIIB to focus on this area.
Reflecting our commitment to support the Paris Agreement, AIIB aims to maximize climate benefits in all investments, and exceed a 50% share of climate finance in its actual financing approvals every year until 2030. Our current estimate is that our cumulative climate finance approvals would exceed USD50 billion by 2030.
NEWS & INSIGHTS
AIIB NEWS
Multilateral development banks hit record USD137 billion in climate finance to drive sustainable development worldwide
Climate finance is central to the efforts of MDBs to advance sustainable development worldwide. By supporting investments in renewable energy, green cities, clean transport, water and food security, MDBs help countries move closer to achieving their sustainable development goals.
AIIB CLIMATE ACTION PLAN
Designed to guide AIIB’s climate ambition from 2024-2030, the Climate Action Plan brings together the principles governing the Bank’s climate financing while identifying crucial action areas that will steer AIIB’s investments in support of its Members. The document is a statement of intent to AIIB’s Members and partners.
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FOUR THEMATIC PRIORITIES
Infrastructure for Tomorrow sets a clear mission for AIIB by requiring that all investments across infrastructure and other productive sectors should align and add value through one or more of the following four thematic priorities.
