Monitoring and Influencing the AIIB

Although the Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with over 100 members, China initiated its formation and holds by far the largest shareholding in the bank, which is headquartered in Beijing. The AIIB’s structure and approach differs significantly from China’s policy and commercial banks, but the establishment of the bank represents an important development, as China plays an increasingly prominent role in the multilateral development finance system.

Inclusive Development International has been following the development of the AIIB since it was established in 2015, working alongside international and regional partners to monitor and influence its institutional and policy development.

We conduct project monitoring and advocate with management and the bank’s board of directors to raise concerns regarding project design and implementation, and to address policy shortcomings.

In addition to direct engagement with the AIIB, Inclusive Development International works to raise awareness of local and regional partners regarding the bank’s operations, its approach to investment, how its environmental and social policies should be applied, and what options are available to communities that have been or may be harmed by AIIB funded projects.

Policy Submissions

Environmental and Social Framework (ESF) Review Phase 2 Submission – November 2020

Environmental and Social Framework (ESF) Review Phase 1 Submission – February 2020

Joint Submission on Project Affected Peoples’ Mechanism (PPM) – March 2018

Joint Submission on Project Affected Peoples’ Mechanism (PPM) Annex 1

Submission to AIIB on Phase 1 of Complaints Handling Mechanism (CHM) – June 2017

Submission to AIIB on Phase 1 of CHM – Joint CSO Cover letter – June 2017

Comments on the AIIB Draft Environmental and Social Framework – October 2015

Publications

Financing development in Myanmar

Moving beyond rhetoric: How the AIIB can close the loophole on fossil fuels

Time to Raise the Bar: Reflecting on Four Years of AIIB Projects