AIIB

AIIB Unveils Climate Action Plan, Reinforces Commitment to Tackle Climate Change

Retrieved on: 
Monday, September 25, 2023

SHARM EL-SHEIKH, Egypt, Sept. 25, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has launched its inaugural Climate Action Plan (CAP), a milestone in the Bank's ongoing commitment to combatting climate change.

Key Points: 
  • SHARM EL-SHEIKH, Egypt, Sept. 25, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has launched its inaugural Climate Action Plan (CAP), a milestone in the Bank's ongoing commitment to combatting climate change.
  • It is a dynamic framework that can evolve to stay pertinent and impactful as the ramifications of climate change intensify.
  • "The Climate Action Plan demonstrates AIIB's ambition to mobilize our capital, capacity and convening power to help our members in their efforts to address climate change," said AIIB President and Chair of the Board Jin Liqun.
  • To access AIIB's Climate Action Plan and learn more about the Bank's commitment to climate action, please visit here .

AIIB Unveils Climate Action Plan, Reinforces Commitment to Tackle Climate Change

Retrieved on: 
Monday, September 25, 2023

SHARM EL-SHEIKH, Egypt, Sept. 25, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has launched its inaugural Climate Action Plan (CAP), a milestone in the Bank's ongoing commitment to combatting climate change.

Key Points: 
  • SHARM EL-SHEIKH, Egypt, Sept. 25, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has launched its inaugural Climate Action Plan (CAP), a milestone in the Bank's ongoing commitment to combatting climate change.
  • It is a dynamic framework that can evolve to stay pertinent and impactful as the ramifications of climate change intensify.
  • "The Climate Action Plan demonstrates AIIB's ambition to mobilize our capital, capacity and convening power to help our members in their efforts to address climate change," said AIIB President and Chair of the Board Jin Liqun.
  • To access AIIB's Climate Action Plan and learn more about the Bank's commitment to climate action, please visit here .

Abu Dhabi The Destination of Choice for Global Players With ADGM's Record-Breaking Numbers for First Half of 2023

Retrieved on: 
Thursday, September 14, 2023

ABU DHABI, UAE, Sept. 14, 2023 /PRNewswire/ -- Abu Dhabi, the capital of the United Arab Emirates, has continued to attract major global and regional players to its International Financial Centre (IFC), Abu Dhabi Global Market (ADGM).

Key Points: 
  • ABU DHABI, UAE, Sept. 14, 2023 /PRNewswire/ -- Abu Dhabi, the capital of the United Arab Emirates, has continued to attract major global and regional players to its International Financial Centre (IFC), Abu Dhabi Global Market (ADGM).
  • The IFC also witnessed a major addition in the first half of 2023, welcoming legendary investor Ray Dalio, who has selected Abu Dhabi as its next strategic hub to expand his family office's global footprint.
  • Rajeev Misra, CEO of OneIM, commented, "Abu Dhabi has become an international hub for investors, employers and employees alike.
  • ADGM announced the return of Abu Dhabi Finance Week which will be held from 27th November to 30thNovember 2023.

Abu Dhabi The Destination of Choice for Global Players With ADGM's Record-Breaking Numbers for First Half of 2023

Retrieved on: 
Thursday, September 14, 2023

ABU DHABI, UAE, Sept. 14, 2023 /PRNewswire/ -- Abu Dhabi, the capital of the United Arab Emirates, has continued to attract major global and regional players to its International Financial Centre (IFC), Abu Dhabi Global Market (ADGM).

Key Points: 
  • ABU DHABI, UAE, Sept. 14, 2023 /PRNewswire/ -- Abu Dhabi, the capital of the United Arab Emirates, has continued to attract major global and regional players to its International Financial Centre (IFC), Abu Dhabi Global Market (ADGM).
  • The IFC also witnessed a major addition in the first half of 2023, welcoming legendary investor Ray Dalio, who has selected Abu Dhabi as its next strategic hub to expand his family office's global footprint.
  • Rajeev Misra, CEO of OneIM, commented, "Abu Dhabi has become an international hub for investors, employers and employees alike.
  • ADGM announced the return of Abu Dhabi Finance Week which will be held from 27th November to 30thNovember 2023.

ASEAN Summit 2023: Indonesia identifies cooperation projects worth US$32 billion through AIPF

Retrieved on: 
Saturday, September 9, 2023

JAKARTA, Sept 9, 2023 - (ACN Newswire) - Indonesia identified cooperation projects worth US$32 billion through business matching activities carried out during the ASEAN-Indo-Pacific Forum (AIPF), held on September 5-6.

Key Points: 
  • JAKARTA, Sept 9, 2023 - (ACN Newswire) - Indonesia identified cooperation projects worth US$32 billion through business matching activities carried out during the ASEAN-Indo-Pacific Forum (AIPF), held on September 5-6.
  • As the organizer of the AIPF, which is the flagship event of the 43rd ASEAN Summit, Indonesia is also seeking cooperation for projects from other countries with a total value of US$810 million.
  • He mentioned that some of the largest SOEs in Indonesia, such as Pertamina, Pupuk Indonesia, PLN, Pelindo, Jasa Marga, MIND ID, and Injourney also participated in the AIPF.
  • ASEAN member states such as Brunei, Myanmar, Thailand, Malaysia, and the Philippines presented potential projects in the telecommunications and infrastructure sectors.

Sustainable Growth in a Challenging World: AIIB's Eighth Annual Meeting Registration Opens

Retrieved on: 
Thursday, August 3, 2023

BEIJING, Aug. 3, 2023 /PRNewswire/ -- More than 20 engaging sessions will explore trends and topics on sustainable growth at the 2023 Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) .

Key Points: 
  • BEIJING, Aug. 3, 2023 /PRNewswire/ -- More than 20 engaging sessions will explore trends and topics on sustainable growth at the 2023 Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) .
  • The 2023 AIIB Annual Meeting —with the theme "Sustainable Growth in a Challenging World"—consists of the Opening Ceremony, Governors' Business Roundtable, Governors' Official Session, Press Conference and a series of public and civil society engagement events.
  • The 2023 Annual Meeting will demonstrate AIIB's commitment to investment and action that drive growth toward a greener world as demonstrated by AIIB's mission of financing Infrastructure for Tomorrow.
  • Contact the AIIB Annual Meeting team if any registration questions: [email protected]
    Contact Lingxiao He for any media inquiries: [email protected]

AIIB Works with Banca Transilvania and IFC to Support Green Housing in Romania with Bond Investment Project

Retrieved on: 
Monday, July 17, 2023

The Banca Transilvania Green Mortgages Bond Investment Project will finance green mortgages, or retail purchases of dwellings in certified residential green buildings in Romania via investment into a Tier 2 bond issued by Banca Transilvania, Romania's largest bank.

Key Points: 
  • The Banca Transilvania Green Mortgages Bond Investment Project will finance green mortgages, or retail purchases of dwellings in certified residential green buildings in Romania via investment into a Tier 2 bond issued by Banca Transilvania, Romania's largest bank.
  • This is AIIB's first project in Romania as well as the first financing in green mortgages.
  • By investing in a Tier 2 instrument, the project will also help strengthen the capital resilience and stability of Banca Transilvania and the Romanian banking sector.
  • "This project is an example of an investment in green infrastructure, one of AIIB's priorities under its Corporate Strategy .

AIIB Announces Paris Alignment of New Investment Operations

Retrieved on: 
Saturday, July 1, 2023

BEIJING, July 1, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has issued its methodology for assessing the alignment of its investment operations with the Paris Agreement.

Key Points: 
  • BEIJING, July 1, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has issued its methodology for assessing the alignment of its investment operations with the Paris Agreement.
  • This means that starting today, all AIIB's new investment operations will be consistent with low-carbon and climate-resilient development pathways.
  • AIIB first announced on Oct 26, 2021, that it was going to fully align with the Paris Agreement by July 1, 2023.
  • Established in the wake of the Paris Agreement, AIIB has been actively engaged in the joint MDB efforts in developing a framework for aligning its financing operations with the goals of the Paris Agreement.

AIIB, AFD Forging Impactful Partnership for Sustainable Development

Retrieved on: 
Friday, June 23, 2023

AIIB and AFD intend to strengthen an ambitious cooperative relationship to achieve impactful and common objectives in sustainable, resilient and inclusive development.

Key Points: 
  • AIIB and AFD intend to strengthen an ambitious cooperative relationship to achieve impactful and common objectives in sustainable, resilient and inclusive development.
  • The shared goal of mobilizing resources for sustainable development provides the basis for AIIB and AFD to strengthen their institutional and operational relationships.
  • "This MOU is a key milestone in our shared ambition to build an impactful partnership at the very moment where sustainable development is at a critical juncture.
  • Our partnership with AFD will focus on jointly developing and scaling innovative initiatives related to climate and sustainable infrastructure," said AIIB President Jin.

AIIB Welcomes Canadian Review and Initiates Internal Review to Ensure Transparency

Retrieved on: 
Thursday, June 15, 2023

Ludger Schuknecht, Vice President and Corporate Secretary, said, "We welcome this review and will be cooperating fully.

Key Points: 
  • Ludger Schuknecht, Vice President and Corporate Secretary, said, "We welcome this review and will be cooperating fully.
  • Transparency is essential to the trust of our 106 Members, our multilateral peers, our development partners, our community of civil society organizations, and the citizens we serve."
  • In addition to cooperating with its Canadian counterparts, AIIB will also be conducting its own internal review of the circumstances surrounding the resignation of Bob Pickard and the allegations he has made.
  • This management review will be led by the General Counsel, Alberto Ninio.