Aiib President jin liqun: $12 billion in infrastructure investment in 4 years

Jin liqun, President of the Asian infrastructure investment bank (AIIB), said at the Asian financial forum on January 13 that the bank has increased its membership to 102 in the past four years and has completed us $12bn of infrastructure investment and us $40bn of infrastructure financing.

Jin liqun said that the multilateral development Banks should be reformed, and Banks should strive to cope with environmental and climate change and meet social management standards. & other; As a new bank, we are fortunate to have no historical baggage and can draw on the experience of other multilateral development Banks. Throughout the &;

At the same time, he stressed that the aiib, as a new institution, needs to establish a system that will not tolerate corruption and fraud, and promote green economy to help some countries gradually reduce from high carbon emissions to zero emissions.

He said the bank is working with different public and private institutions to implement the Paris agreement, hoping to help with infrastructure without causing damage to the environment. In addition, the aiib should introduce esg-based credit granting mechanism to promote esg-based investment in infrastructure, especially in Asia.

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