The Ethics Network of Multilateral Organizations (ENMO) has approved the Asian Infrastructure Investment Bank for membership.
“Membership in ENMO demonstrates our commitment to the highest standards of professionalism and ethics in our operations,” said AIIB Chief Ethics Officer Tony Wan. “We look forward to working with other ENMO members to share best practices and to explore possibilities for cross-institutional collaboration,” added AIIB Senior Ethics Officer El Cid Butuyan.
ENMO brings together senior professionals responsible for the ethics functions in multilateral intergovernmental institutions to exchange information, experience and collaborate on issues of common interest. It is also focused on broadening the professional capacity of its members and promoting standards of practice.
ENMO outgoing Chair and IMF Ethics Advisor Olivia Graham expressed her “pleasure to welcome the Asian Infrastructure Investment Bank as a member of ENMO” and welcomed AIIB’s participation in and contributions to ENMO’s advocacies and activities.
AIIB’s application for membership was approved during ENMO’s 2019 Annual Conference held in Munich, Germany.
About AIIB
The Asian Infrastructure Investment (AIIB) Bank is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, we began operations in January 2016 and have now grown to 100 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.
Rio de De Janeiro, November 20, 2024
Multilateral Development Banks Welcome G20 Roadmap for MDB Reform
The Heads of 10 multilateral development banks (MDBs) welcomed today the endorsement by G20 Leaders of the G20 Roadmap towards Better, Bigger, and More Effective MDBs. The Roadmap outlines a comprehensive vision for continuing to reform MDBs to better address regional and global challenges, create more jobs and opportunities, and support countries to accelerate progress toward the Sustainable Development Goals (SDGs) and the goals of the Paris Agreement.
READ MOREBaku , November 18, 2024
AIIB Signs Landmark Private Sector Solar PV Project in Azerbaijan at COP29 in Baku
At COP29, the Asian Infrastructure Investment Bank (AIIB) signed a financing agreement of USD160 million for its first private-sector renewable energy project in Azerbaijan, marking a major step in expanding green infrastructure across the Caucasus region.
READ MOREBaku , November 14, 2024
GCA, AIIB Partner to Strengthen Climate Resilience in Infrastructure Projects
The Global Center on Adaptation (GCA) and the Asian Infrastructure Investment Bank (AIIB) have signed a Letter of Intent (LOI) to establish a strategic partnership aimed at mainstreaming climate adaptation and resilience within infrastructure projects across Asia and Africa.
READ MOREBaku , November 13, 2024
AIIB, ADB Renew Partnership to Tackle Regional Development Challenges
On the margins of COP29 in Baku, Azerbaijan, the Asian Infrastructure Investment Bank (AIIB) and the Asian Development Bank (ADB) renewed their Memorandum of Understanding (MOU) to deepen cooperation in addressing Asia’s most pressing development challenges.
READ MORE