Category: Asia Infrastructure Investment Bank
Peoples Convention on Infrastructure Financing: Concept Note
Peoples’ Convention on Infrastructure Financing A response to AIIB Annual Meeting June 21-23, Mumbai, India Introduction: Peoples Convention on Infrastructure Financing – A response to AIIB (Asian Infrastructure Investment Bank) Annual Meeting is the coming together of various groups working towards just and equitable society threatened by the massive infrastructure push resulting in displacement and dispossession …
Continue reading Peoples Convention on Infrastructure Financing: Concept Note
Peoples’ Convention on Infrastructure Financing: A Peoples’ response to AIIB Annual Meeting June 21-23, 2018
INVITATION The Third Annual Governors Meeting of Asian Infrastructure Investment Bank [AIIB] will be held in Mumbai, India from 24-25 June 2018. This two-year-old multilateral bank is investing in all major sectors, including energy, without robust policies on environmental-social safeguards, transparent public disclosure and an accountability/complaint handling mechanism. Out of the total 24 projects, it …
Huge Overlap in Investments by MDBs, ExIM Banks, and Bilaterals on Critical Sectors
By Joe Athialy Ever since the first lending from World Bank in 1949 worth $34 million to Indian Railways and the bilateral credit India received from the erstwhile USSR and USA in the early 50s, India has been a recipient of significant funds from different multilateral and bilateral sources. While each of these lendings came …
Continue reading Huge Overlap in Investments by MDBs, ExIM Banks, and Bilaterals on Critical Sectors
Gujarat groups protest the exclusion of urban poor and civil society groups from AIIB lead up the seminar on urban development in Ahmedabad
PRESS RELEASE April 18, 2018 Gujarat groups protest the exclusion of urban poor and civil society groups from AIIB lead up the seminar on urban development in Ahmedabad. Social Movements to hold a parallel conference in Mumbai along with Asian Infrastructure Bank 3rdAnnual Governors Meeting. Demands reorienting of visions from existing Multilateral development Banks towards …
CSOs Oppose AIIB’s Plan to Allow Management to Approve Projects
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 …
Continue reading CSOs Oppose AIIB’s Plan to Allow Management to Approve Projects
CSOs Call for Accountability and Disclosure from AIIB on its FI Investments
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 …
Continue reading CSOs Call for Accountability and Disclosure from AIIB on its FI Investments
The AIIB’s Investments in Financial Intermediaries: CSOs Call for Disclosure and Accountability
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 …
Letter to the WB on Amaravati Case of Inspection Panel
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 …
Continue reading Letter to the WB on Amaravati Case of Inspection Panel
IMF and World Bank: Marching to a G20 Tune?
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?
Working Group on IFIs 