The Asian Infrastructure Investment Bank (AIIB) has signed letters of intent with the International Union for Conservation of Nature (IUCN) and the World Wide Fund for Nature (WWF) to promote knowledge exchange and technical cooperation on biodiversity conservation, nature and sustainable infrastructure.
Ajay Bhushan Pandey, AIIB Vice President, Investment Solutions, signed the letters on the sidelines of the 17th Conference of the Parties to the Convention on Biological Diversity (CBD COP17) in Yerevan, Armenia, respectively with Grethel Aguilar, Director General of IUCN, and Daudi Sumba, Chief Conservation Officer of WWF.
The signings provide a basis for continued engagement among the three organizations on sustainable infrastructure development. AIIB will explore opportunities for knowledge exchange, technical cooperation and capacity building with IUCN and WWF, drawing on their respective expertise and mandates. Together, the three institutions will also explore how biodiversity expertise and nature-based solutions can inform infrastructure decisions, helping reduce harm to nature and support more resilient development.
About AIIB
The Asian Infrastructure Investment Bank is a multilateral development bank dedicated to financing “Infrastructure for Tomorrow,” with sustainability at its core. AIIB began operations in 2016, now has 111 approved members worldwide, is capitalized at USD100 billion, and is AAA-rated by major international credit rating agencies. AIIB collaborates with partners to mobilize capital and invest in infrastructure and other productive sectors that foster sustainable economic development and enhance regional connectivity.
About IUCN
The International Union for Conservation of Nature (IUCN) is a membership union composed of both government and civil society organizations. It harnesses the experience, resources and reach of its more than 1,600 member organizations and the expertise of over 19,000 experts. IUCN is a global authority on the status of the natural world and the measures needed to safeguard it.
About WWF
WWF is one of the world’s leading independent conservation organizations, working to sustain the natural world for the benefit of people and nature. It works with governments, businesses, financial institutions and civil society to advance solutions that support biodiversity conservation, climate resilience and sustainable development.
