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AIIB pledges $170 billion by 2030 for climate finance, focusing on developing countries.
At COP29, the Asian Infrastructure Investment Bank (AIIB) pledged to increase annual climate finance contributions to $170 billion by 2030, up from $125 billion in 2023, with a focus on low- and middle-income countries.
AIIB also highlighted its $160 million investment in solar projects in Azerbaijan and introduced a new climate policy financing tool.
The bank signed a strategic co-financing agreement with the French Development Agency to enhance global sustainable development and climate-resilient infrastructure projects.
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La AIIB promete US$170.000 millones para 2030 para financiamiento climático, centrándose en los países en desarrollo.