Dubai, UAE, December 05, 2023

AIIB, UNDP Collaborate for Sustainable Infrastructure Development

The Asian Infrastructure Investment Bank (AIIB) and the United Nations Development Programme (UNDP) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in promoting sustainable infrastructure development and address development challenges in Asia and beyond.

AIIB is a multilateral development bank whose mission is financing the “Infrastructure for Tomorrow,” infrastructure that is inclusive and sustainable socially, environmentally and economically. UNDP partners with people at all levels of society to help build nations that can withstand crisis, and drive and sustain the kind of growth that improves the quality of life for everyone.

“We are pleased to partner with UNDP, reflecting our shared commitment to sustainable infrastructure development and addressing challenges faced by the region,” said Jin Liqun, AIIB President and Chair of the Board of Directors. “The region’s effectiveness in rising to its unique climate challenges holds critical importance for the sustainability of all our societies. Through this partnership with UNDP, we will leverage our respective strengths and resources to drive positive change and make a lasting impact on the lives of people in Asia and beyond.”

“This partnership with AIIB marks an important milestone in our collective efforts to achieve the Sustainable Development Goals,” said UNDP Administrator Achim Steiner. “By joining forces, we can unlock new opportunities for financing sustainable development projects and promote innovative solutions that address pressing global challenges. Together, we will work toward a more inclusive and resilient future for the planet and its people.”

The AIIB-UNDP agreement recognizes the two parties’ shared objectives in supporting national climate goals and the 2030 Agenda through financing sustainable development initiatives in common members of operations.

Under the MoU, AIIB and UNDP plan to co-invest and leverage multilateral funding and private financing in developing countries, collaborate on measuring the impact of investments for climate goals and the SDGs and pursue joint technical assistance and exploration of innovative derisking instruments, knowledge sharing, joint advocacy and policy support work.

Operationally, such efforts may translate into both institutions exploring innovative financing solutions and developing a pipeline of programming opportunities that can be scaled up with AIIB financing.

 

About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow—infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 109 approved members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

 

About UNDP

UNDP partners with people at all levels of society to help build nations that can withstand crisis, and drive and sustain the kind of growth that improves the quality of life for everyone. On the ground in more than 170 countries and territories, we offer global perspective and local insight to help empower lives and build resilient nations.

Logos for Download

AIIB logo is available in JPEG and PDF format.

DOWNLOAD

Media Contact

Lingxiao He

Press Officer

+86 10 8358 0683

SEND AN EMAIL
More News Articles

Beijing, July 09, 2025

AIIB Appoints Kim-See Lim as Chief Investment Officer, Public Sector (Region 1) and Financial Institutions and Funds (Global) Clients

The Asian Infrastructure Investment Bank (AIIB) has appointed Kim-See Lim as Chief Investment Officer, Public Sector (Region 1) and Financial Institutions and Funds (Global) Clients, effective July 2025. Lim will play a leading part in ensuring alignment with AIIB’s corporate strategy and strengthening client engagement across the bank.

READ MORE

Beijing, July 09, 2025

AIIB Commits USD100 Million to IIFL Home Finance to Enhance Access to Affordable Housing Finance in India

The Asian Infrastructure Investment Bank (AIIB) has signed a USD100-million (in equivalent Indian Rupees) facility with IIFL Home Finance Limited (IIFLHF) to improve financial access to affordable housing in India, specifically targeting the economically weaker sections (EWSs) and low-income groups (LIGs). This investment will also promote green building practices aligned with India’s climate goals.

READ MORE

Beijing, July 04, 2025

AIIB Partners with Brazil’s First Co-operative Bank to Boost Renewable Energy Financing

The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved a USD100 million loan to Banco Cooperativo Sicredi S.A. (Banco Sicredi), Brazil’s first cooperative bank, to support the expansion of small-scale solar energy solutions for households and small and medium-sized enterprises (SMEs) across the country.

READ MORE

Beijing, July 04, 2025

Annual Meeting Opening Remarks by AIIB President

Your Excellency Li Qiang, Premier of the People’s Republic of China, Distinguished Governors, Honored Guests, Ladies and Gentlemen, Friends

READ MORE