Beijing, October 21, 2021
Second Meeting of Heads of Multilateral Development Banks—2021
Asian Infrastructure Investment Bank (AIIB) President and Chair of the Board Jin Liqun chaired the second 2021 meeting of the Heads of the Multilateral Development Banks (MDBs) on Oct. 20.
The Heads of the MDBs discussed pressing issues affecting global development, with MDBs’ ongoing response to climate change and the importance of digital infrastructure being the principal topics of discussion.
With the historic COP26 just weeks away, the Heads discussed the significance of the 26th United Nations Climate Change Conference and agreed to showcase MDBs’ commitment and ambitions in responding to climate change. The meeting noted that digital infrastructure was critical to the resilience of the global economy during the pandemic and will continue to be an important driver for growth and social equity. They discussed how MDBs can help countries step up to the digital economy challenge and address the digital divide.
As 2021 Chair, President Jin has elevated the importance of health financing, climate change and digital infrastructure as core enablers for COVID-19 recovery and sustainable development. The responsibility for chairing the meeting rotates among the MDBs.
The next chair of heads of MDBs meeting will be the president of the European Investment Bank.
Beijing, May 12, 2022
AIIB, OPEC Fund Advance Partnership for Global Infrastructure Funding
The Asian Infrastructure Investment Bank (AIIB) and the OPEC Fund for International Development (the OPEC Fund) have signed a Memorandum of Understanding (MOU) to expand their operational and strategic cooperation to finance global public and private sector projects, promoting sustainable, resilient and high-standard infrastructure development.READ MORE
Beijing, May 11, 2022
AIIB Signs USD200M On-lending Facility to Support Sustainable Infrastructure Development in Bangladesh
The Asian Infrastructure Investment Bank (AIIB) and the Government of Bangladesh have signed a USD200-million on-lending facility to Infrastructure Development Co. Ltd (IDCOL) to finance infrastructure projects in Bangladesh, marking AIIB’s first investment through a financial institution into infrastructure in the country.READ MORE