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The Forum network maintains that the Asian Infrastructure Investment Bank’s (AIIB) ongoing support for fossil gas projects locks member countries into carbon-intensive energy systems and exposes them to global market volatility—an approach that is environmentally and economically irresponsible given AIIB’s limited resources and climate commitments (Urgewald, 2023; CLEAN & Forum on ADB, 2022). The network is also concerned that AIIB may increasingly shift toward high-risk sectors like large hydropower, waste-to-energy incineration, and geothermal, which have significant environmental and social costs. In particular, large hydro projects have a long record of displacing communities, damaging ecosystems, and generating conflict over land and water (International Rivers, 2021). The Forum calls for stricter financing criteria and meaningful consultation to ensure AIIB aligns with the goals of a just, community-centered energy transition.

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1. Unpacking ADB and AIIB’s false narrative in COP29

2. Digital infrastructure for whom? Unpacking ADB and AIIB’s digital push

3. AIIB Climate Advocacy Letter

4. Critical Concerns on the Occasion of AIIB's Annual Meeting 2023

5. Open Statement on Collective Concerns Re: AIIB’s 2022 Energy Sector Strategy Update

6. Re: Virtual Consultations Hosted by AIIB on the Energy Sector Strategy Update

7. AIIB asked to go green, turn back on fossil fuels

8. AIIB’s Extended Deadline for Public Input on the Energy Sector Strategy Update

9. Collective Statement For the Energy Sector Strategy Update

10. Collective Call for a New Forward-Looking AIIB Energy Sector Strategy

11. Joint Submission by NGO Forum on ADB & Urgewald on the AIIB Environmental and Social Framework