Asian Infrastructure Investment Bank (AIIB)'s sustainable safeguard mechanism on energy projects

Shao, Mengqi; Tan‐Mullins, May; Xie, Linjun

doi:10.1016/j.esr.2021.100711

Cited by 14 publications

(4 citation statements)

References 5 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Indeed, this has been one of the ways to keep up with the growing workload, while being lean and cost‐effective (one of the fundamental pillars of AIIB governance). In stand‐alone projects, however, there have been numerous approvals in which the local intermediaries, transferring AIIB funds, assumed the assessment work, including screening, appraisal, monitoring the funds and disclosing the relevant information (Shao et al., 2021).…”

Section: Overview Of Ndb and Aiib Projectsmentioning

confidence: 99%

New Multilateral Development Banks and Green Lending: Approaching Scalar Complexities in the Global South

Güngen¹

2023

Development and Change

View full text Add to dashboard Cite

Newly established multilateral development banks promote green finance and support a green transition in the global South. This article examines the new multilateral development banks using a dynamic view and documents the projects and lending preferences of New Development Bank (NDB) in Brazil and Asian Infrastructure Investment Bank (AIIB) in Turkey. While AIIB and NDB have made it easier for global South actors to access infrastructural investment funding and are committed to expanding green lending, their commitment rests on the use of country systems and national financial intermediaries. This results in extending loans for projects with significant risk and ignoring the broader connections of the projects to the environmentally hazardous strategies of capital accumulation. Despite their strong green discourse, their design and the way their mandates have been interpreted render new multilateral development banks prone to business as usual.

show abstract

Section: Overview Of Ndb and Aiib Projectsmentioning

confidence: 99%

New Multilateral Development Banks and Green Lending: Approaching Scalar Complexities in the Global South

Güngen¹

2023

Development and Change

View full text Add to dashboard Cite

show abstract

“…As a newly established investment bank, AIIB is still in its infancy in terms of energy project guarantee mechanism compared with other investment banks. Shao et al found the deficiency of AIIB's energy security policy by comparing AIIB's co-financing and independent energy projects with those of other banks in their research [13]. AIIB also proposes the Environmental and Social Framework (ESF), which is a safeguard policy framework applicable to all AIIB projects to ensure sustainable development of projects through environmental and social risk assessment, management and monitoring [14].…”

Section: 13mentioning

confidence: 99%

Energy governance in Asia in the post-EPIDEMIC era: A case study of the AIIB

Cao¹,

Li²,

X³

2022

BCPBM

View full text Add to dashboard Cite

The outbreak of the COVID-19 has had a huge impact on the world's energy market, and the global energy governance situation is not optimistic. As an important region of energy consumption, Asia's demand for energy governance has increased. At the same time, it has also produced many problems, such as energy structure imbalance, backward energy infrastructure, environmental pollution caused by energy and difficulty in ensuring energy security. Taking Turkey and Maldives as examples, the article shows that the Asian infrastructure investment bank tries to improve the current situation of energy governance in the Asia Pacific region by promoting energy infrastructure construction, promoting energy transformation and participating in multilateral cooperation. These measures conform to the new trend of energy development in the post epidemic era and promote the reconstruction of energy order in the Asia Pacific region and even the whole world. At the same time, the article points out the possible problems of the AIIB in energy governance and put forward improvement suggestions on these problems.

show abstract

“…One of the most significant challenges is fragmentation. Research delves into at least eight distinct infrastructure sectors, including construction [5,6], transportation systems [7,8], energy [9,10], and waste management [11]. While this breadth demonstrates the multifaceted nature of infrastructure, it also presents significant challenges.…”

Section: Introductionmentioning

confidence: 99%

A Systematic Review of Sustainability Criteria in Infrastructure Development

Kustova,

Hudenko,

Lace

2024

Sustainability

View full text Add to dashboard Cite

This paper explores the immediate need of infrastructure stakeholders for practical guidance promoting sustainable infrastructure development that aligns with the United Nations Sustainable Development Goals (SDGs) and European Union (EU) regulations. Despite overarching definitions, there is a noticeable absence of a uniform set of sustainability criteria, which delays the integration of sustainability principles into infrastructure planning, development, and operations. Through a targeted content analysis of the systematically selected literature from the Web of Science, this study seeks to clarify the characteristics of sustainable infrastructure. In the systematic review of 106 sources, carefully selected through a structured exclusion process described in the Open Science Framework register, the authors construct a comprehensive set of 43 sustainable infrastructure characteristics. Subsequently, these indicators undergo evaluation by sector experts through focus group discussions on the relevance of the proposed sustainable infrastructure criteria to local planning contexts. The focus group’s results demonstrate the adequacy of the proposed criteria, albeit with variations in perceived importance. Additionally, participants in the focus group suggest conducting field tests of the criteria in a municipal setting before scaling up to national policy frameworks.

show abstract

Asian Infrastructure Investment Bank (AIIB)'s sustainable safeguard mechanism on energy projects

Cited by 14 publications

References 5 publications

New Multilateral Development Banks and Green Lending: Approaching Scalar Complexities in the Global South

New Multilateral Development Banks and Green Lending: Approaching Scalar Complexities in the Global South

Energy governance in Asia in the post-EPIDEMIC era: A case study of the AIIB

A Systematic Review of Sustainability Criteria in Infrastructure Development

Contact Info

Product

Resources

About