Beijing, August 31, 2016
President Jin Welcomes Canada’s Decision to Apply for Membership in AIIB
AIIB President Jin Liqun met with Canadian Finance Minister Bill Morneau at AIIB's headquarters to discuss collaboration between AIIB and Canada. President Jin welcomed Canada’s decision to apply for membership in AIIB.
After the meeting, President Jin and Minister Morneau held a joint press conference, at which President Jin said, "The decision of Canada to apply to join AIIB is very welcome and shows its confidence in the strong foundations the Bank has built in our first few months. Canada has a remarkable track record of multilateral engagement, and I believe it will contribute significantly to the development of this Bank."
Minister Morneau said, "Succeeding in the global economy of tomorrow will require strategic partnerships and openness to the world. Canada is always looking for ways to create hope and opportunity for people around the world, and membership in the AIIB is an opportunity to do just that."
It was announced at the Bank's Annual Meeting in June that formal expressions of interest from potential new members would be welcomed before September 30, 2016. The Bank looks forward to welcoming the first of these new members early in 2017.
The AIIB, located in Beijing, aims to promote broad-based economic and social development in Asia through investment in infrastructure and other productive sectors and promote regional cooperation in addressing development challenges by working with other multilateral and bilateral development institutions.
Additional information on the Bank can be found at www.aiib.org .
More News Articles
Beijing, May 30, 2023
AIIB Supports Multilateral Transport Initiative for Improved Transport Data
The Asian Infrastructure Investment Bank (AIIB) is engaging with the Asian Transport Outlook (ATO) initiative to strengthen the knowledge base on transport in the Asia-Pacific region.
READ MOREBeijing, May 19, 2023
AIIB Appoints a New External Member of its Audit and Risk Committee
The Asian Infrastructure Investment Bank (AIIB) has appointed Teresa Lin as external member of the Audit and Risk Committee (ARC) of the Board of Directors. Lin’s term follows the end of the three-year term of Ai Phing Cheng in April 2023. Elisabeth Stheeman continues to serve as external member to the ARC.
READ MOREBeijing, May 11, 2023
AIIB Issues First Climate Adaptation Bond Targeting Resilient Infrastructure
The Asian Infrastructure Investment Bank (AIIB) has successfully priced its first Climate Adaptation Bond, a thematic bond issued under the AIIB Sustainable Development Bond Framework. The 5-year bond raised AUD500 million, and the proceeds will be allocated to projects that have an estimated climate adaptation finance portion of 20 percent or greater of the total project financing.
READ MOREBeijing/London, April 27, 2023
Research Shows How AIIB-Amundi Climate Change Investment Framework Can Guide Investors
The Asian Infrastructure Investment Bank (AIIB), Amundi and Climate Bonds Initiative (CBI) announce the publication of the Companies and Climate Change report, developed by Fitch Solutions, the Carbon Trust, and CBI. This report presents the first research application of the AIIB-Amundi Climate Change Investment Framework (CCIF).
READ MORE