Infrastructure for Tomorrow - GREEN INFRASTRUCTURE Infrastructure for Tomorrow - GREEN INFRASTRUCTURE

INFRASTRUCTURE FOR TOMORROW
GREEN INFRASTRUCTURE

There is global momentum to invest in "green infrastructure", but the actual volume of investment is still well below desired targets. To do its part, AIIB will prioritize green infrastructure investments, including projects that deliver local environmental improvements and are dedicated to climate action. We will cover a range of investments and sectors including renewable energy and low-carbon public transportation, as well as better water management and sanitation, pollution control and enhancing ecosystem services. AIIB has set an ambitious target of ensuring that 50% of overall approved financing by 2025 will be directed toward climate finance.

PROJECTS
Maldives: From Waste to Energy
AIIB Annual Report 2020
Maldives: From Waste to Energy

An out-of-control problem with garbage has replaced rising sea levels as the most immediate threat to the economy of the Maldives. AIIB has partnered with the Government of Maldives and the Asian Development Bank (ADB) to provide finance and expertise for the construction and operation of a modern waste-to-energy plant. Once up and running, it will be the final component in a comprehensive, end-to-end system for processing and safely disposing of the bulk of the archipelago state’s refuse.

READ MORE
Maldives: From Waste to Energy
INSIGHTS
Oman: Harnessing the Power of the Sun and Investors
AIIB Annual Report 2020
Oman: Harnessing the Power of the Sun and Investors

Built, owned and operated by a consortium led by ACWA Power, the Ibri II 500-megawatt (MW) solar photovoltaic (PV) independent power plant is a USD400-million project aligned with the Government of Oman’s National Energy Strategy 2040, which aims to generate 10 percent of the country’s energy from renewable sources by 2025 and 30 percent by 2030. As the only multilateral development bank in the lenders’ group, AIIB acted as a catalyst for private sector investment.

READ MORE
Oman: Harnessing the Power of the Sun and Investors
STRATEGY
Energy Sector Strategy: Sustainable Energy for Asia
June, 2017
Energy Sector Strategy: Sustainable Energy for Asia

Our Sustainable Energy for Asia Strategy sets out a clear framework for AIIB to invest in energy projects that will increase access to clean, safe and reliable electricity for millions of people in Asia. To implement the strategy, the Bank will support its members to do their part as expressed in the Paris Agreement to, "hold the increase in the global average temperature to well below 2 degrees Celsius above pre industrial levels and pursue efforts to limit the temperature increase to 1.5 degrees Celsius". It will achieve this by aligning its support with its members’ national energy investment plans, including their nationally determined contributions (NDC) under the Paris Agreement.

READ MORE
Energy Sector Strategy: Sustainable Energy for Asia
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.

VIEW OVERVIEW

Home About AIIB Who We Are Green Infrastructure