April 9, 2018: 62 Civil Society Groups from four continents issued a public statement to express their concern about the Asia Infrastructure Investment Bank’s (AIIB) ongoing Board meetings in which it is being proposed to empower Bank’s Management to approve some projects. “The forthcoming Board decision to delegate responsibility to AIIB Management to approve its …
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Undermining Accountability at the Asian Infrastructure Investment Bank: A Public Statement from the Concerned Civil Society on the AIIB Accountability Framework 6 April 2018 We, the undersigned civil society groups from around the world, express our alarm and deepest concern about the AIIB’s impending decision on its Accountability Framework. At its Board meetings this April 8-11 …
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To, Shri. M.M. Kutty Executive Director, India Asia Infrastructure Investment Bank March 14, 2018 Subject: AIIB’s proposed investment in National Investment and Infrastructure Fund Dear Shri M.M. Kutty, We are writing with regard to the AIIB’s proposed investment into India’s National Investment and Infrastructure Fund (NIIF), which will come before the Board for approval at its next …
Continue reading CSOs Ask AIIB’s India Executive Director to not to go Ahead on NIIF
This document is an effort to compile data of investments coming into India from MDBs, ExIm banks and other bilateral investments, to help understand the landscape of financing from these institutions and helping to understand the overlaps of international financial institutions in certain key sectors.
A latest report has asked Asian Infrastructure Investment Bank (AIIB) to “tread carefully” on National Infrastructure and Investment Fund (NIIF), a fund of fund that seeks to create long-term value for domestic and international investors seeking investment in energy, transportation, housing, water, waste management and other infrastructure-related sectors in India. The report, released by the Bank Information …
Continue reading New Report Warns AIIB to do Due Diligence before Investing in NIIF
By Tani Alex Representatives from civil society organizations from all over the world have written a letter this week to the AIIB, drawing urgent attention to rising concerns of AIIB’s investments through Financial Intermediaries (FIs). This is in context of AIIB developing its strategy to invest more in equity and funds, without formulating robust policies and …
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Via electronic mail President Jin Asian Infrastructure Investment Bank B9 Financial Street Xicheng District Beijing 10033 People’s Republic of China 19th January 2018 Copied to: Mr Joachim Von Amsberg, Vice President, jvonamsberg@aiib.orgDr. D.J. Pandian, Vice President, djpandian@aiib.org Mr Dong-Ik Lee, Project Team Leader, dongik.lee@aiib.orgMr. Hamid Sharif, Director General, CEIU, hsharif@aiib.org Mr Yuanjing Sun, Principal Communications …
Statement November 27, 2017 Letter to the WB on Amaravati Case of Inspection Panel To The Executive Directors, The World Bank Washington DC Dear Executive Directors, We, the representatives of people’s movements, civil society organisations, and concerned citizens, write to the Board of World Bank Group to draw your urgent attention to a few critical …
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By Nancy Alexander This year, the G20 Finance Ministers and Central Bank Governors’ Meeting on October 12-13 overlapped with the IMF-World Bank annual meeting on October 13-15 in Washington, DC. As of December 1, 2017, Argentina becomes G20 President with the past and future Presidents (Germany and Japan, respectively) as part of the G20 Troika. …
Continue reading IMF and World Bank: Marching to a G20 Tune?
Financial Analysis of the Blue Economy: Sagarmala’s Case in Point by Dr Himanshu Damle of Public Finance Public Accountability Collective, New Delhi and could be reached at himanshudamle@pfpac.net The article was originally published here in an abridged form.
Working Group on IFIs 