The AIIB Resource Mobilization (RM) Team leads engagement with key donor partners, initiatives and platforms to identify and access sources of concessional financing to support the development and implementation of the Bank’s pipeline and portfolio. Concessional financing can be used for technical assistance and project preparation activities as well as to unlock additional internal or external capital, including from the private sector, for project investment.
Strategic partnerships also help to enhance knowledge sharing, capacity building, and maximizing development impact. All AIIB resource mobilization activities are aligned with the Bank’s Corporate Strategy and in line with the needs and demands of member economies.
AIIB’s approach to resource mobilization and donor engagement is implemented through a spirit of mutually beneficial partnership and collaboration. AIIB actively seeks to establish and nurture relationships with a diverse range of donors and development partners to co-design projects that address critical infrastructure needs. By identifying shared interests and aligning goals, AIIB creates partnerships that are beneficial for all parties involved.
Whilst mobilizing concessional resources is the mandate of the Resource Mobilization Team, partnership building and donor engagement is a Bank-wide endeavor involving the wider Operational Partnerships Department and other teams across the organization. Leveraging cross-team functions to strengthen and deepen existing relationships with priority donors while broadening outreach efforts to new partners, AIIB organizes and participates in various forums, conferences, and roundtable discussions to facilitate dialogue with different donors. These events serve as platforms for exchanging ideas, sharing best practices, and exploring new opportunities for collaboration.
One of the core functions and responsibilities of the Resource Mobilization Team is to match AIIB project pipeline needs with donors’ and partners’ resources within our portfolio, including funds AIIB is accredited to (such as the Green Climate Facility). In line with the Bank’s core values of Lean, Clean and Green, the RM Team identifies, develops and implements solutions to minimize wait and response time for projects to get funded. An example of this is through the online digital project-donor match-making platform AIIB+. Whilst the Team continues to integrate these digital solutions, the human interaction and engagement will never be ignored or eliminated, and each donor and partner has a focal point within the team with whom they can engage directly with on a regular basis.
AIIB recognizes that concessional financing is scarce and that the partners who traditionally provide concessional financing are reducing their budgets and looking at ways to maximize their contributions. The Resource Mobilization Team seeks to drive financial innovation leveraging strategic partnerships and their concessional resources to incentivize and de-risk private and public capital mobilization.
We mobilize financial and technical resources to expand financing operations for Members. Through co-financing arrangements, Project Specific Window (PSW), Special Funds, external facilities and donor-project matchmaking, we bridge funding gaps and unlock opportunities for infrastructure development. Alternatively, the resources can be channeled as parallel financing.
Case Study: AIIB and ADFD partnered to upgrade a 50-kilometer section of National Road 13 in Lao PDR. (READ MORE)
