This page is part of the E3G Public Bank Climate Tracker Matrix, our tool to help you assess the Paris alignment of public banks, MDBs and DFIs.
| Paris alignment | Reasoning |
|---|---|
| Not applicable | AIIB does not have country-level strategies. |
Explanation
As a member-driven bank, the AIIB does not have country-level strategies or sector quotas. These may be introduced in the future. COVID-19 has led to an expansion in membership – 10 countries in the last year have been added, including a number outside of Asia.
As per its mandate, the Bank operates on a project-to-project basis, without regard to concentration in any specific member country. There is no country-level financing quota, but the Bank has set a financing ceiling of 15% for all operations in non-regional member countries.
The AIIB does not look at National Determined Contributions (NDCs) at the project screening stage – these elements come in at a later point. This is an important point due to the role of fossil fuels in NDCs in Asia – 12 NDCs across the Asian region include gas and six NDCs include coal in their plans.
Last Update: November 2020