Under the theme "Sustainable Growth in a Challenging World", the Eighth Annual Meeting of the AIIB Board of Governors was held in Sharm El Sheikh, Egypt, on September 25-26, 2023. It marked AIIB's first in-person Annual Meeting since 2019, and the first one in Africa.

Deployment of new technologies, such as clean hydrogen, will make critical contributions to the decarbonization of hard-to-abate sectors such as heavy industries and long-haul transport. AIIB's new report assesses the critical pathway for the commercialization of clean hydrogen value chains.

In 2022, AIIB approved a total of USD6.81 billion in financing for sustainable infrastructure projects, of which a total of 56 percent of the approvals involved climate finance. The AIIB Sustainable Development Bonds Impact Report 2022 demonstrates how AIIB's financing supports economic development in Asia and beyond.

AIIB meets its commitment to actively support infrastructure projects that contribute to climate change mitigation, adaptation and resilience, and reinforces its mission to promote sustainable infrastructure development in Asia and beyond.

Developed by Fitch Solutions, the Carbon Trust, and Climate Bonds Initiative, this new report presents the first research application of the AIIB-Amundi Climate Change Investment Framework (CCIF).