Friday 19 August 2022

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AIIB and OPEC Fund form infrastructure finance partnership

The Asian Infrastructure Investment Bank (AIIB) and the OPEC Fund for International Development (the OPEC Fund) have signed a memorandum of understanding to strengthen investment.

AIIB makes funding more affordable for developing nations

Creation of a Special Fund Window will make financing more affordable to less developed members alongside ongoing support for modern infrastructure investment. 

AIIB: $75m for Turkish grid

Asian Infrastructure Investment Bank focuses new finance on rehabilitating electricity distribution in western Turkey. 

AIIB announces first investment in Brazil

Asian Infrastructure Investment Bank approves $100m for renewable and infrastructure projects in and around Brazilian state of Minas Gerais. 

AIIB appoints Dr Urjit Patel as new vice president

Dr Patel will lead investment operations across South Asia, the Pacific Islands and South East Asia. 

AIIB approves €300m for Turkey-Bulgaria railway

Major high speed rail project aims to increase rail transport safety, passenger and freight capacity as well as speed between Turkey and the European Union.  

Istanbul to Bulgaria high speed rail takes step forward

EBRD announces $150m loan for the construction of the Ispartakule-Cerkezkoy rail section.

AIIB approves $100m for Uzbekistan energy supply and security

At COP26, the ADB launches new fund to drive mitigation investments, including the deployment of low-carbon technologies. 

Multilateral Development Banks issue joint statement at COP26

Plans set out by ten major banks aim to help turn global ambitions into outcomes with a strong focus on nature. 

AIIB to quadruple annual climate spending

Asian Infrastructure Investment Bank aligns to Paris Agreement and sets out climate finance expectations up to 2030. 
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