GREEN INFRASTRUCTURE
As an infrastructure investment bank, AIIB is committed to advancing low-carbon infrastructure that reduces emissions and promotes sustainable development. The Bank is financing multiple projects in the transport, energy and water sectors that contribute to pollution reduction and renewable energy generation.
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Türkiye: Izmir Metro Expansion Phase 4: Fahrettin Altay - Narlidere Line Project
AIIB is financing the construction of a new 7.2-km, seven-station metro line extension connecting the western areas located between Fahrettin Altay and Narlidere Kaymakamlik with the city center of Izmir, the third largest municipality in Türkiye. Metros and railways are a good example of low-carbon infrastructure as they provide communities with cleaner and more efficient alternatives to road vehicles, thus significantly contributing to lower greenhouse gas (GHG) emissions and reducing pollutants from private cars. AIIB is partnering with the European Bank for Reconstruction and Development (EBRD), the Black Sea Trade and Development Bank (BSTDB), and Société Générale on this project.
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Kazakhstan: Zhanatas 100 MW Wind Power Plant
The Zhanatas Wind Power Plant is AIIB’s first onshore wind power project, its first project in Kazakhstan, and its first AIIB-led cofinancing project with the Eurasian Development Bank and the European Bank for Reconstruction and Development. The wind farm aims to provide the region with a sustainable and environmentally friendly source of renewable energy and help Kazakhstan meet its commitment to producing 3% of its total energy from renewable sources. AIIB is helping to bridge the project’s financing gap by mobilizing private capital and arranging the inflow of other funding sources. Once completed, the Zhanatas Wind Power Plant will become the largest wind farm in Central Asia, generating approximately 319 GWh of clean electricity annually (about 0.3% of the country’s total electricity output) and thereby avoiding significant GHG emissions.
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Maldives: Solar Power Development and Energy Storage Solution
AIIB is co-financing the Maldives Solar Power Development and Energy Storage Solution project. The initiative will boost renewable-energy generation capacity in the Maldives by providing 36 MW of solar power and 50 MWh of battery energy-storage systems (BESS) across several Islands. This project also includes modernizing the electricity grid to integrate renewable energy into the country’s infrastructure and enhance inter-island connectivity. End-users on the islands will benefit as the solar-PV installations replace diesel generators, delivering a more stable electricity supply while reducing noise and air pollution.
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Egypt: Alexandria – Abou Qir Metro Line
The project is helping increase access to efficient, safe and low-carbon public transport in the city of Alexandria, in line with its Strategic Urban Plan 2032. The city is challenged by car-centric infrastructure, heavy traffic congestion, high carbon emissions, and an over-burdened public transport network. The project will upgrade and electrify the existing Alexandria-Abou Qir rail line into a modern metro system, in partnership with EBRD, the European Investment Bank , and Agence Française de Développement. This line will span 22 km, include 20 modern metro stations (16 km elevated) and serve approximately 520,000 daily passengers over a projected span of 30 years, thereby alleviating traffic congestion, reducing emissions, and improving the overall quality of life for residents and visitors alike.
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Brazil: Vinci Climate Change Fund
AIIB has invested in this fund to support the development of low-carbon solutions in Brazil’s energy and water sectors. Although Brazil’s energy matrix is relatively clean, it is heavily reliant on hydropower and thus increasingly vulnerable to droughts driven by climate change. To meet rising energy demand sustainably, solar and wind power must expand rapidly, requiring substantial capital. To address this, Vinci Compass, a leading alternative asset manager in Latin America, has identified a pipeline of projects worth more than USD800 million in climate-change sectors. The fund, launched in 2022, aims to mobilize investment in sustainable infrastructure in Brazil aligned with the Paris Agreement, covering renewable energy generation, safe-water access, and efficient use of natural resources.
