AIIB has multiple Special Funds that serve different purposes, including identification and preparation of high quality bankable projects, capacity building, information sharing, and making AIIB loans more affordable through interest buy down grants. Special Funds available for use by AIIB’s less developed members are Project Preparation Special Fund (PPSF), Special Fund Window for Less Developed Members (SFW), Global Infrastructure Facility Special Fund (GIF), Pandemic Fund (PF) and Multilateral Cooperation Center for Development Finance (MCDF) Special Fund.
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