Policy gaps allow World Bank Group to indirectly finance captive coal
Laborers in the nickel industry in Indonesia Morowali Industrial Park (PT. IMIP), by Esa Setiawan/ Trend Asia. A new analysis, published today by Recourse, Trend Asia and Inclusive Development International, demonstrates that publicly-funded Multilateral Development Banks are at risk of funding a wave of ‘captive’ coal expansion in climate-vulnerable countries, despite commitments to shift funds […]
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 […]
Time to Raise the Bar: A New Briefing Paper on the Asian Infrastructure Investment Bank
(March 25, 2020) –This new release looks at the project portfolio of the Asian Infrastructure Investment Bank (AIIB) to provide a solid grounding for those engaging in public consultations on the review of the AIIB’s Environmental and Social Framework.
New Tools Help Communities Affected by AIIB Projects Defend Their Rights and the Environment
(February 7, 2020 ) –The Community Guide to the Asian Infrastructure Investment Bank equips communities and activists with information that can help them protect their rights when their lands, homes, livelihoods and environment are threatened by high-risk projects.
‘China’s World Bank’ is making it easier to complain | China Dialogue
People can soon start filing grievances with AIIB projects, but the new policy still falls short. Inclusive Development International’s Natalie Bugalski and partners review AIIB’s new Complaints Handling Mechanism in this China Dialogue story by Lili Pike.
AIIB funds first coal project despite assurances
(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.
Making Inroads: Chinese Infrastructure Investment in ASEAN and Beyond
(Phnom Penh, August 15, 2016) – Inclusive Development International has released Making Inroads: Chinese Infrastructure Investment in ASEAN and Beyond, a new report that sheds light on the rapidly changing landscape of infrastructure finance driven by China in the region.
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 […]