Roughly 300 kilometers west of Muscat just off the Buraimi–Ibri Highway, the largest utility-scale solar park in Oman is nearing completion.
AIIB has partnered with the Government of Maldives and ADB to provide finance and expertise for the construction and operation of a modern waste-to-energy plant. Once up and running, it will help manage the threat of climate change by taking advantage of available technologies to help generate renewable energy.
Harnessing energy from nature will require massive capital investments. This is why AIIB is mobilizing capital through a USD100 million fund for the financing arm of L&T to back socially and financially sound investments in renewable energy infrastructure.
To provide connectivity to about 45 million people in some of the remotest parts of Indonesia, AIIB is collaborating with Jakarta-based PT Satelit Nusantara Tiga (PSNT) to develop, launch and operate a telecommunications satellite.
AIIB is working with OPAZ to achieve the potential economic benefits from Duqm port development through improved transport efficiency, strengthened logistics, and reduced supply chain delivery time and costs for a broad spectrum of industries in the new Duqm Special Economic Zone in Oman.
AIIB and asset manager Amundi launched the AIIB-Amundi Climate Change Investment Framework (CCIF), which offers a potential climate finance solution by translating the three key objectives of the Paris Agreement into fundamental metrics essential for investors to select climate champions.
With extreme weather spotlighting the arrival of climate change, a unique new growth capital partnership is overtaking its peers to expedite adaptation to solve the problem.
AIIB’s first emergency financing for public health infrastructure helped Beijing and Chongqing support quick and effective containment of the virus and led the way for other megacities to mitigate the effects of
COVID-19.
With AIIB’s timely and rapid disbursement of the VPBank COVID-19 liquidity loan, VPBank was able to help its corporate clients maintain business operations and supplement their working capital.
COVID-19 Response
AIIB has been providing Georgia with essential medical supplies and costly equipment the state budget cannot afford, not only to fight the pandemic but also to improve access and healthcare quality in general.