Civil society groups call on AIIB to consult on its Paris alignment methodology

24.08.2022

Over 30 civil society groups have called on the Asian Infrastructure Investment Bank (AIIB) to disclose and consult publicly on its  methodology for how it will align with the Paris Agreement on climate change.

In a letter, the groups expressed disappointment that the AIIB is treating its Paris alignment methodology as an internal document, despite that other peer multilateral development banks (MDBs) have demonstrated their openness to civil society input. For example, the European Bank for Reconstruction and Development (EBRD) held public consultations and a specialist roundtable earlier this year. In response to a letter sent by CSOs requesting an open and public review of its Paris Alignment methodology, IFC Managing Director Makthar Diop said that “IFC plans to announce its own public consultation later this year.”

The groups urged the AIIB to publicly disclose the draft version of its proposed Paris alignment methodology, allowing sufficient space and time for input, in line with previous letters to the AIIB regarding needed improvements in its consultations with civil society.

Read the full letter here.