AIIB promotes global sustainable development
July 22, 2019 09:15 Source: "China Social Sciences" Journal of Social Sciences, July 22, 2019, Issue 1739 Author: This newspaper reporter Zhao Yuan

July 13,Asian Infrastructure Investment Bank (Asia Investment Bank) Council's 4th Annual Conference closed at Luxembourg,The theme of the annual meeting is "Cooperation and Interconnection"。This is the first time that the AIIB has held an annual meeting in regions outside Asia。Facing huge infrastructure investment needs,How to continue to promote cooperation and interconnection? Facing challenges such as climate change,How to promote green financial development? The reporter interviewed experts and scholars on related issues。

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The Minister of Finance of Luxembourg Pierre Gramegna believes,The AIIB operates with high quality and efficiency、High -standard project assessment and a high sense of social responsibility,Win the trust of the international community。AIIB pays attention to climate change and environmental protection in investment decisions,This will bring a positive Bet365 app download impact on future development。AIDB supports international order based on rules,Actively enhance mutual trust cooperation between members,It also plays an important role in mobilizing private capital。

The Governor of the AIIB said,The cooperation between the AIIB and members should not be limited to promoting the environment and social sustainable development,This is the common responsibility that the management and the loan should bear。The latest data show of the AIIB,Approving Benin、Djibouti、After becoming a new member of the AIIB,The number of members of the AIIB reaches 100。The population of the AIIB members accounts for 78%of the global population,GDP domestically accounts for 63%of global。As of now,The AIIB has approved 46 loan projects of 18 members,Total loans reached 8.5 billion US dollars。

Minister of the Singapore Prime Minister's Office and the Ministry of Finance and Second Minister of Education Indranee Rajah said,As the Asian Investment Bank enters the new development stage,Not only does it need to continue to strengthen its role as a financial service agency,It is also bet365 best casino games necessary to enhance its role as a knowledge communication agency,Provide services to the interests of the infrastructure value chain。In terms of knowledge communication,AIIB can achieve the goal in three ways。One,Strengthen mutually beneficial cooperation with other multilateral development banks。Its two,Deepen cooperation with governments in a more systematic way。Its three,Mobilize the private sector to invest more effectively。

  Strengthen green financial investment

AIIB's 2018 Annual Report proposed three major priority areas in terms of investment and project selection。One,Promoting Sustainable Infrastructure Construction Investment,Focus on the development of green finance。Its two,Promoting multinational interconnection。Its three,Mobilize private capital and multilateral development bank、Governments of various countries and other partners jointly contribute,Help the construction of infrastructure in Asia。

Simon Wilde, a researcher at the Researcher of the Climate Finance and Investment Center of the Business School of the British Empire Institute of Technology, bet365 live casino games said in an interview with this reporter,Green Bonds issued by the AIIB issued in US dollars,It reflects the efforts of the AIIB to promote the development of green finance、Support the development of the green bond market。Green bonds are the government、Multilateral Development Bank、Enterprises and other bonds issued by raising funds specifically for environmental protection projects,If you invest in wind farms、Solar technology or more energy -saving housing。The total amount of green bond issuance still has great room for improvement。AIIB through issuing its own green bonds,Help other investors enter the green bond market,Promoting the sustainable development of green finance。

The project invested by the AIIB has brought development dividends to the relevant countries。For example,Indonesian Pusen Bank slums upgrade project,improved living conditions for local residents;,Provided sustainable safe drinking water for local residents。

Egyptian Minister of Finance Mohamed Maaait believes,Current,Asia、Africa's infrastructure investment gap is huge,It is necessary to promote the upgrading of infrastructure Bet365 lotto review in various parties,Promote cross -border interconnection。For example,The "Belt and Road" initiative has enhanced the interconnection of countries along the route。Government of various countries in the future、Multilateral Development Bank、International financial institutions and others work together,Fill in the gap of current infrastructure financial investment,Use the demand mechanism to mobilize funds at the same time,To promote sustainable development。

  Promoting interconnection

Danny Quah, dean of the School of Public Policy, State University of Singapore, said,Promoting Asian and European interconnection,Need to strengthen knowledge spread,Promoting advanced experience and measures,Enhance the understanding of different parties to different economic and social governance methods。

Lajie thinks,Infrastructure investment can improve people's livelihood,It is also the basis for an inclusive economic growth。The rapid growth of Asia's growing population and the continuous increase in urban population density,Make infrastructure construction a problem that is urgent bet365 live casino games to solve。Infrastructure construction projects can enhance financing capabilities through structured,Improve the feasibility of gaining investment and financing support。

Former Governor of the Central Bank of Malaysia, Zeti Akhtar Aziz, said,Civilization mutual learning is important for enhancement of Eurasian interconnection。It can be shared by knowledge sharing network、Strengthen human resources investment、Promote the cooperation of think tanks and universities multi -platform cooperation,Promoting Eurasian civilization mutual learning。

(This newspaper London, July 20th)

Editor in charge: Cui Cen
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