1. ROP: Co-financing
    1. When co-financing a Project with other multilateral development banks or bilateral development organizations, the ESP allows AIIB to apply the environmental and social policies and procedures of another co-financier if AIIB is satisfied that they are materially consistent with the AIIB ESP (including the Environmental and Social Standards) and that appropriate monitoring procedures are in place.
    2. If AIIB has agreed with the co-financier to apply the co-financier’s environmental and social policies and procedures and to rely on the IAM of the co-financier whose policies apply to the Project, to handle submissions from Project-affected people under the Project, the submission is ineligible for consideration by the PPM under Section 5.1.6: General Eligibility Criteria Applicable to All Submissions.
    3. In such a case, the co-financier’s IAM determines whether compliance with the co-financier’s environmental and social policies and procedures has been achieved under the Project and handles all submissions under the Project in accordance with its policies and procedures. This is reflected in the PSI for the Project. The PPM coordinates closely with the co-financier’s IAM on the handling of submissions. This may involve undertaking joint site visits (with the agreement of the co-financier and Client concerned) to better understand the issues presented in the submission. The PPM reports the outcome of the review of these submissions by the co-financier’s IAM to the Board of Directors.
    4. In cases where AIIB has not agreed to rely on the co-financier’s IAM, the PPM coordinates closely with the co-financier’s IAM in the handling of any submissions relating to the Project and jointly plans site visits with the co-financier’s IAM.