Greening the AIIB: Diverting the Asian Infrastructure and Investment Bank’s Fossil Fuel Financing towards Upscaling Action for Climate and a Just Energy Transition

CEED’s report, co-published with regional civil society network NGO Forum on ADB, reveals that despite support provided to develop solar and wind projects while avoiding direct financing for coal, the AIIB goes against climate imperatives and risks tying the region to decades more of continued fossil fuel dependence through fossil gas investments and indirect support to coal, among other loopholes.