AIIB President Jin Liqun joined the meeting of heads of MDBs from April 23-25 at the World Bank-IMF Spring Meetings in Washington, D.C.
Building on momentum from Cape Town – where the heads convened in February on the sidelines of the G20 meetings and the Finance in Common Summit – the leaders reaffirmed their shared commitment to strengthening collaboration across the international development system, emphasizing MDBs' roles in counter-cyclical support, fostering trust and partnerships, catalyzing investment, and driving transformative change.
Amid growing global uncertainties, the MDB leaders underscored the importance of joint action to deliver greater impact. Key priority areas discussed included mobilizing private capital, job creation and accelerating efforts to address climate change, all of which are crucial to the future of sustainable development.
In addition to talks with AIIB’s multilateral counterparts, President Jin held high-level meetings with government officials to explore shared strategic priorities and new areas of partnership. He also had bilateral meetings to discuss AIIB’s growing footprint in Central and South Asia, Africa and Latin America, reaffirming AIIB’s commitment to providing sustainable infrastructure in the region.
Highlights:
Committed to strengthening collaboration and joint initiatives with other MDBs. President Jin advocated for the promotion of joint initiatives and policy harmonization. In the meeting with heads of other MDBs, he emphasized the critical role MDBs play in building trust in international development by delivering tangible impacts and demonstrating joint commitment to global priorities such as development finance reform and sustainable infrastructure. He identified sustainable infrastructure and nature-based solutions as potential areas for joint initiatives ahead of COP30.
Participated at the G20 finance ministers and central bank governors’ sessions (FMCBG). At the sessions organized by the South African Presidency, President Jin said: “Multilateralism fosters trust, enhances collective security and ensures that no country is left behind in the pursuit of sustainable development. AIIB stands ready to support the sustainable infrastructure in Asia and beyond, by advancing shared goals and initiatives.” President Jin also reaffirmed AIIB’s support of the G20 MDB Roadmap on creating better, bigger and more efficient MDBs.
Participated in the 14th V20 Ministerial Dialogue. President Jin participated in the Ministerial Dialogue of the Vulnerable Twenty Group (V20), an alliance of finance ministers from climate-vulnerable economies committed to advancing financial solutions for resilience and sustainable development. He advocated for deepening collaboration with V20 members and other partners: “AIIB is committed to mobilizing resources and fostering collective action to implement transformative climate initiatives such as the Climate Prosperity Plans. By focusing on growth-guided climate and development investments, unlocking new types of capital and enhancing the ways that we work together, we can redefine climate-vulnerable nations as investment hubs for the future.”
Explored areas for expanding co-financing efforts beyond Asia. President Jin and the Bank's senior management had productive meetings with representatives of peer MDBs – Sergio Diaz-Granados, Development Bank of Latin America and the Caribbean (CAF) Executive President; Odile Renaud-Basso, European Bank for Reconstruction and Development (EBRD) President; Makhtar Diop, International Finance Corporation (IFC) Managing Director; and Hiroshi Matano, Multilateral Investment Guarantee Agency (MIGA) Executive Vice President – to explore opportunities for expanding co-financing efforts within and beyond Asia and harmonizing standards to enhance effective partnerships and engage in joint initiatives to ensure broader benefits across regions.
Meetings with senior government representatives. President Jin also engaged in a series of bilateral meetings with senior government officials to deepen partnerships in financing infrastructure that address AIIB’s clients’ most pressing development needs, highlighting the critical role of MDBs in supporting countries’ transitions to low-carbon, sustainable economies.
- Tatiana Rosita, Secretary for International Affairs, Ministry of Finance of Brazil—explored deepening AIIB’s growing partnership with Brazil with a shared commitment to advancing sustainable infrastructure and strengthening AIIB’s engagement in Latin America
- Ahmed Shide, Minister of Finance of Ethiopia—discussed Ethiopia’s development priorities and potential areas for AIIB’s support, noting its importance as a central gateway between Asia and Africa.
- Yusuf Murangwa, Minister of Finance and Economic Planning of Rwanda and Tesi Rusagara, Minister of State in charge of Public Investment and Resource Mobilization—discussed AIIB’s commitment towards supporting Rwanda’s development goals. AIIB has three approved projects with Rwanda with total financing of USD300 million.
- Mehmet Şimşek, Minister of Treasury and Finance of Türkiye—discussed Türkiye’s continued engagement through the AIIB’s portfolio of USD 5.7 billion across 31 projects.
- Ajay Seth, Finance Secretary of India—reaffirmed AIIB’s strong partnership with India and discussed the continuing cooperation between India and the Bank.
Engagement with CSOs
Meeting with CSO representatives, President Jin reiterated his commitment to meaningfully engage with civil society organizations (CSOs) on the Bank’s policies and operations, especially in areas of AIIB’s Gender Action Plan, capital markets operations, climate, energy and the Project-affected People's Mechanism. He outlined the steps AIIB has taken to strengthen its engagement with CSOs, including the launch of virtual dialogues and regular interactions with CSOs at relevant international events.
The collective efforts of international development institutions will be essential in driving sustainable development and fostering resilience across economies. AIIB and its peers are committed not only to addressing immediate challenges together, but also to creating long-term solutions that will support a more sustainable, inclusive, prosperous future for all.
