Aligning the Asian Infrastructure Investment Bank (AIIB) with the Paris Agreement and the SDGs: Challenges and Opportunities
Three years after the Asian Infrastructure Investment Bank (AIIB) commenced operations, this report analyses the Bank's guidelines and past experience in selected countries (China, India, Bangladesh, Russia). We find that the AIIB’s policies and strategies show a strong narrative of transformational change and sustainability. It is also the fastest-growing MDB in terms of both membership and capital investments. However, looking at investment criteria, the AIIB is not yet setting new standards in terms of Paris-alignment. The bank does also not yet reach international standards with regard to accountability, information disclosure and complaint handling.