Washington, D.C., April 20, 2024

AIIB, World Bank Strengthen Cooperation on Infrastructure Development and Sustainable Development Goals

The Asian Infrastructure Investment Bank (AIIB) and the World Bank have signed a renewed Memorandum of Understanding (MOU) to enhance collaboration on infrastructure development and support the achievement of the Sustainable Development Goals (SDGs).

The renewed MOU was signed by AIIB President Jin Liqun and World Bank President Ajay Banga during the 2024 IMF and World Bank Spring Meetings in Washington D.C. It outlines a framework to deepen operational collaboration between both institutions in key areas of shared strategic importance, with the aim to enhance sustainable economic development and address global challenges.

“We are pleased to strengthen our partnership with the World Bank,” said AIIB President and Chair of the Board of Directors Jin Liqun. “By working together, we can maximize our efforts in addressing climate change, improving social infrastructure and protecting biodiversity. This collaboration will enhance our collective impact and support our Members in achieving their development goals. Together, we can build a more sustainable and resilient future.”

Building upon the previous MOU signed in 2017, the renewed agreement outlines enhanced areas of collaboration such as climate change, social infrastructure (with a focus on health), biodiversity and other mutually agreed areas that align with AIIB’s mission of Financing Infrastructure for Tomorrow and the World Bank’s Global Challenge Programs.

Under the renewed agreement, both institutions plan to continue sharing knowledge, ideas and lessons learned, while expanding joint activities and exploring diversified cofinancing options. The two institutions will also work toward standards harmonization, engaging in collaborative dialogues with stakeholders and periodically evaluating the effectiveness of their collaboration.

The partnership aims to leverage both institutions’ respective strengths and resources to address the current development challenges and promote sustainable economic growth. By pooling their financing, including private capital mobilization, both institutions seek to increase the impact of their joint efforts and support the implementation of infrastructure projects with a focus on sustainability and resilience.

This enhanced collaboration facilitates the implementation of joint projects and initiatives, with an emphasis on climate finance and green and blue investments. In addition, the reinforced cooperation between the two multilateral development banks aims to lift lending capacities, promote sustainable development projects, improve digital infrastructure and bolster health services across Asia and beyond.

 

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.

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

Geneva, May 13, 2025

AIIB and Gavi Partner to Advance Sustainable Health and Immunization Financing

The Asian Infrastructure Investment Bank (AIIB) and Gavi, the Vaccine Alliance have signed a landmark partnership agreement to scale and improve sustainable financing for health and immunization systems across low-income and lower middle-income countries. The letter of intent, signed by AIIB President Jin Liqun and Gavi CEO Dr. Sania Nishtar, outlines concrete ways in which the organizations will collaborate on strategic investments in AIIB members that are eligible for Gavi support.

READ MORE

Helsinki, May 08, 2025

AIIB, NIB Forge Partnership to Advance Sustainable Infrastructure and Green Development

The Asian Infrastructure Investment Bank (AIIB) and the Nordic Investment Bank (NIB) signed a memorandum of understanding to establish areas of collaboration to advance sustainable infrastructure and green development.

READ MORE

Astana, May 06, 2025

Kazakhstan and AIIB Discuss Sustainable Infrastructure Financing in Lead-Up to the Bank’s 10th Annual Meeting

The Asian Infrastructure Investment Bank (AIIB) hosted a panel discussion on “Mobilizing Finance for Sustainable Infrastructure” on April 29 at the Astana International Financial Centre (AIFC) as part of a series of lead-up events for the tenth Annual Meeting of the AIIB Board of Governors, to be held on June 24-26, 2025 in Beijing.

READ MORE

Beijing, April 30, 2025

AIIB Supports Long-Term Facility for Antalya Airport Expansion in Türkiye

Antalya Airport – Türkiye’s second-busiest international gateway – is receiving significant support for its expansion programs from the Asian Infrastructure Investment Bank (AIIB). The airport is undergoing major expansion to meet growing demand while integrating sustainable infrastructure solutions. As an important entry point for international tourism, Antalya Airport plays a key role in supporting Türkiye’s rapidly recovering tourism sector and enhancing regional connectivity.

READ MORE