The Asian Infrastructure Investment Bank (AIIB) and the Green Climate Fund (GCF) signed an Accreditation Master Agreement (AMA) at the 10th AIIB Annual Meeting of its Board of Governors on June 25, 2025. The agreement underscores the deepening collaboration between the two institutions to drive sustainable climate-aligned infrastructure investments globally.
With the signing of this agreement, AIIB becomes a fully accredited entity to now access GCF concessional funding, expanding the Bank’s capacity to co-finance and implement projects that support climate resilience and inclusive development. The agreement will enable both institutions to scale up joint efforts and deliver greater impact across Asia and other developing regions.
The partnership builds on AIIB’s Climate Action Plan, which guides the Bank’s climate investment strategy to 2030. The plan underscores the role of infrastructure in achieving global climate goals and identifies focus areas for mitigation and adaptation financing.
"Climate change is the defining challenge of our time, and the scale of financing needed, particularly for adaptation, is immense," said Quan Zheng, Acting Vice President, Policy and Strategy, AIIB. "AIIB has committed to aligning our investments with our Members’ climate priorities, and we have already surpassed our 50% climate finance target ahead of schedule.”
The partnership with GCF should unlock greater flows of climate finance to developing economies where infrastructure is a critical lever in advancing sustainable growth, Zheng added.
Henry Gonzalez, GCF Chief Investment Officer said: “The signing of the AMA between GCF and AIIB marks a key milestone in our shared commitment to accelerate global climate action. Through this partnership, we will unlock innovative financing solutions that support GCF’s 50by30 vision and drive impactful, climate-resilient development.”
About AIIB
The Asian Infrastructure Investment Bank is a multilateral development bank dedicated to financing “infrastructure for tomorrow,” with sustainability at its core. AIIB began operations in 2016, now has 110 approved members worldwide, is capitalized at USD100 billion and is AAA-rated by major international credit rating agencies. AIIB collaborates with partners to mobilize capital and invest in infrastructure and other productive sectors that foster sustainable economic development and enhance regional connectivity.
About Green Climate Fund (GCF)
The Green Climate Fund (GCF) is the world’s largest dedicated fund helping developing countries respond to climate change. Established in 2010 by the 194 parties to the United Nations Framework Convention on Climate Change (UNFCCC), it is headquartered in Songdo, Korea. Governed by a 24-member Board, GCF aims to drive a global paradigm shift in climate action by supporting low-emission, climate-resilient development in developing countries.
