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The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank (MDB) conceived for the 21st century for promoting infrastructure development in Asia. Through a participatory process, its founding members (Brazil, Russia, India, China and South Africa) are developing its core philosophy, principles, policies, value system and operating platform. The Bank's foundation is built on the lessons of experience of existing MDBs and the private sector.
AIIB is offering sovereign-backed and non-sovereign-backed financing (i.e. loans, guarantees, and equity investment). It does not have a concessional financing window, nor does it provide grants. AIIB does not provide financing to individuals.
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Encompasses initiatives that improve how organizations plan, source, and manage the purchase of goods and services to ensure value for money, compliance, and supplier performance.
