Beijing, China, June 24, 2019
Asia-Europe Cooperation, Digital Connectivity Highlighted at 2019 AIIB Annual Meeting
High-level seminars on the benefits of stronger Asia-Europe cooperation and connectivity will anchor the 2019 Asian Infrastructure Investment Bank (AIIB) Annual Meeting in Luxembourg on July 12-13.
Other seminars will focus on infrastructure in a decarbonized world; mobilizing finance for circular economy transitions; improving environmental, social and governance performance in infrastructure; gender equality for sustainable infrastructure; and governance in cybersecurity. The Annual Meeting will also showcase Luxembourg’s expertise in the field of digital connectivity and blended finance.
“We wanted to host an Annual Meeting in Europe during our first few years of operations to acknowledge the support of our European members and demonstrate how multilateral institutions are well-positioned to enhance connectivity between Europe and Asia,” said AIIB Vice President and Corporate Secretary Danny Alexander. “We look forward to learning from and partnering with Europe’s leading organizations to fight climate change and develop sustainable infrastructure in Asia and beyond.”
The Asian Infrastructure Forum (AIF) will also take place during the 2019 AIIB Annual Meeting. The AIF is a business development forum on creating connections and developing project pipelines. This year’s forum will involve interactive workshops on private equity investments, financing for energy projects and AIIB procurement policies and practices. Investment opportunities in Bangladesh, the Philippines and Uzbekistan will also be presented by official delegations. AIF participants will be able to attend the Infrastructure Fund Showcase where preselected infrastructure fund projects will be evaluated by AIIB experts in front of a live audience.
“By hosting AIIB’s first Annual Meeting to be held outside Asia, Luxembourg will further demonstrate its role as a bridge in the heart of Europe bringing European and Asian stakeholders together, thus helping to develop innovative and sustainable solutions in infrastructure financing,” said Luxembourg Minister of Finance Pierre Gramegna.
Luxembourg, a founding member of the European Union and a major international financial center, was the first European country to sign as an AIIB founding member in 2015. The theme of the 2019 AIIB Annual Meeting is “Cooperation and Connectivity” in recognition of the economic and social benefits that can be realized through better connectivity among countries and regions, including Europe and Asia.
As part of AIIB’s Act Green Together initiative, greenhouse gas emissions associated with the Annual Meeting will be measured, with impact being offset by purchasing Certified Emissions Reductions to achieve carbon neutrality.
Visit aiib.org/annualmeeting to register and view the program. The 2019 AIIB Annual Meeting is open to the public but participants must register. Registration closes Monday, July 1.
About AIIB
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, we began operations in January 2016 and have now grown to 97 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.
More News Articles
Beijing, January 09, 2023
AIIB Welcomes Mauritania as New Prospective Member
The Asian Infrastructure Investment Bank’s (AIIB) Board of Governors has approved Mauritania’s application, raising the Bank’s approved membership to 106. Mauritania is now AIIB’s 55th nonregional member, 21 of which are from Africa.
READ MOREBeijing, December 30, 2022
AIIB Extends EUR250M to Support Egypt’s Green Public Transportation
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a EUR250-million loan to Egypt for the Alexandria-Abou Qir Metro Line Project. Aiming to increase access to efficient, safe and low-carbon public transportation in the city of Alexandria, the project will upgrade and electrify the existing Alexandria-Abou Qir line. Twenty metro stations along the 22-kilometer corridor will be modernized, 13 stations and 16 kilometers of which will be elevated.
READ MOREBeijing, December 12, 2022
AIIB Reinforces Commitment to Support Members’ Clean Energy Solutions
The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved an update to the Bank’s Energy Sector Strategy on Nov. 22, 2022. Under the updated Energy Sector Strategy, AIIB will focus its energy investments on supporting its Members to achieve their long-term climate goals and net-zero/carbon neutrality commitments and to accelerate the just transition towards secure, affordable, and sustainable energy access for all.
READ MOREBeijing, December 07, 2022
AIIB Signs USD200-M On-Lending Facility to Boost Türkiye’s Climate Mitigation and Adaptation Efforts
The Asian Infrastructure Investment Bank (AIIB) and the Industrial Development Bank of Türkiye (Türkiye Sınai Kalkınma Bankası A.Ş. or TSKB) have signed a USD200-million on-lending facility to contribute to the Republic of Türkiye’s climate mitigation and adaptation goals in line with the Paris Agreement.
READ MORE