Dubai, UAE, December 03, 2023

AIIB, FONPLATA to Explore Energy Transition Cofinancing Opportunities in Asia, Latin America and Beyond

The Asian Infrastructure Investment Bank (AIIB) has signed a Memorandum of Understanding with FONPLATA Development Bank (FONPLATA) to strengthen strategic collaboration and explore cofinancing opportunities in Asia, Latin America and beyond.

The agreement was forged on Dec. 2, 2023 during COP28 in Dubai. Signing the MOU were Sir Danny Alexander, AIIB Vice President of Policy and Strategy and Mariana Prado Noya, FONPLATA´s Executive Vice President. AIIB and FONPLATA commit to promote joint initiatives in sustainable infrastructure, energy transition and climate change, among others. The collaboration aligns with the goals of the Paris Agreement and the 2030 Agenda for Sustainable Development, which aim to create sustainable pathways for countries and multilateral institutions.

“The partnership reflects the shared commitment of AIIB and FONPLATA to enhance development cooperation,” said Alexander of AIIB. “With common members in Latin America, we look forward to working together to identify common ways to support actions on tackling climate change, enhancing connectivity, and sharing knowledge and experiences.”

“We are grateful for AIIB's confidence in FONPLATA to enter into this partnership, which will enable us to identify cofinancing opportunities for infrastructure, trade, connectivity and climate projects. This joint cooperation will facilitate strategic, technical and operational exchanges between the two banks, bringing the two regions closer together,” said Prado of FONPLATA.

 

ABOUT AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 109 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

 

ABOUT FONPLATA

FONPLATA is a Development Bank made up of five countries: Argentina, Bolivia, Brazil, Paraguay and Uruguay. Its main goal is to support the integration of the member countries to achieve a harmonic and inclusive development, through credit operations and non-reimbursable government resources. FONPLATA aims at reducing socioeconomic disparities and favoring the complementarity and synergy of efforts of national development organizations and other development agencies through the implementation of small- and medium-sized projects in specific geographic areas.

Logos for Download

AIIB logo is available in JPEG and PDF format.

DOWNLOAD

Media Contact

Lingxiao He

Press Officer

+86 10 8358 0683

SEND AN EMAIL
More News Articles

Beijing, July 04, 2025

AIIB Partners with Brazil’s First Co-operative Bank to Boost Renewable Energy Financing

The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved a USD100 million loan to Banco Cooperativo Sicredi S.A. (Banco Sicredi), Brazil’s first cooperative bank, to support the expansion of small-scale solar energy solutions for households and small and medium-sized enterprises (SMEs) across the country.

READ MORE

Beijing, July 04, 2025

Annual Meeting Opening Remarks by AIIB President

Your Excellency Li Qiang, Premier of the People’s Republic of China, Distinguished Governors, Honored Guests, Ladies and Gentlemen, Friends

READ MORE

Beijing, July 04, 2025

AIIB Subscribes to USD150 Million in Aditya Birla Capital to Advance Sustainable Infrastructure Financing in India

The Asian Infrastructure Investment Bank (AIIB) has subscribed to INR13,012.5 million (about USD150 million) of non-convertible debentures issued by Aditya Birla Capital Limited, one of India’s leading diversified financial services companies. The three-year, privately placed investment aims to accelerate financing for India’s renewable energy and e-mobility sectors, supporting the country’s transition toward a sustainable infrastructure ecosystem.

READ MORE

Seville, July 02, 2025

AIIB, EBRD renew agreement strengthening collaboration on sustainable infrastructure development

AIIB President Jin Liqun and EBRD President Odile Renaud-Basso signed a memorandum of understanding on the sidelines of the Fourth International Conference on Financing for Development (FFD4) in Seville to strengthen their collaboration on sustainable infrastructure development.

READ MORE