World’s newest multilateral development bank lagging on accountability

26 September 2023, Sharm el Sheikh, Egypt: As the Asian infrastructure Investment Bank (AIIB) meets today for its first in-person annual meeting in four years, civil society groups are questioning the bank’s track record on accountability. In seven years, with 233 projects funded and over $44 billion spent, the AIIB has yet to accept a […]

New Guide For Making Accountability Mechanisms More Effective

The Good Policy Paper: Guiding Practice from the Policies of Independent Accountability Mechanisms, published today, is a roadmap for financial institutions setting up new independent accountability mechanisms (IAMs), as well as a tool for existing IAMs to evaluate the effectiveness of their current policies. The Good Policy Paper examines the policy provisions currently in place […]

AIIB funds first coal project despite assurances

Moving Beyond Rhetoric

(Mumbai, June 21, 2018) – The Asian Infrastructure Investment Bank (AIIB) has funded its first coal-burning project, despite repeated assurances from its senior directors that their “green” bank would steer clear of coal, according to a report released today by Bank Information Center Europe and Inclusive Development International.

IDI submits comments to Asian Infrastructure Investment Bank on draft safeguards


(Phnom Penh) – Inclusive Development International has submitted comments to the Asian Infrastructure Investment Bank (AIIB) in response to its public consultation on its draft Environmental and Social Framework. In October 2014, 21 nations signed a memorandum of understanding to establish the multilateral bank. The deadline for joining the bank was April 2015, by which […]