Aiib Paris Agreement Amundi, Europe`s leading asset manager, one of the world`s top 10 players[1], offers its 100 million customers – retail, institutional and corporate – a full range of savings and investment solutions in active and passive management, traditional or real assets. Recommendation: The AIIB should consider the development of an autonomous climate strategy, which clearly defines how it adapts to the Paris agreement. “The philosophy is to encourage the emergence of climate champions by highlighting the business model of the best performers. The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that aims to improve social and economic outcomes in Asia. With our headquarters in Beijing, we started operating in January 2016 and have now grown to 102 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that, over time, will affect the lives of billions of euros and build a better future. An Amundi spokesman said the aim of the framework was to build on climate investment strategies that are similar to the Paris Agreement, adding that the initiative would continue to grow. “From the point of view of our framework, the question arises as to what we would consider to be an eligible intermittent technology, but it should also be linked to strict requirements at the issuer level to temporarily use these intermittent technologies to support their low-carbon transition. This framework builds on the AIIB`s climate finance milestones. In 2019, AIIB`s climate funding amounted to $1.7 billion, or 39% of total approved funding, an increase of $2.5 billion, or 35% of total approved funding over the past three years (2016-2018). In 2019, the Bank launched the $500 million Aiib Asia Climate Bond portfolio to accelerate the fight against climate change, catalyze investment in emerging economies and tackle the underdeveloped bond market and create an operational framework model. In addition, the framework has an additional financial impact, as it aims to promote the integration of climate change risks and opportunities into business practices, by engaging B-List issuers to help them move to “A-List” registration information. .

Home News and Insights Media Center News MDBs Alignment Approach to the Objectives of the Paris Agreement The Bank`s environmental and social framework (ESF) is under review and is expected to be completed in the fourth quarter of 2020. In the current version of the environmental and social framework, “climate change measures” and “support for green growth” are cited as two elements in his vision. With regard to measures in favour of climate change, the Paris Agreement and mitigation and adaptation are cited as key elements in achieving the Paris goals. The ESF states that it “prioritizes investments to promote climate-neutral and climate-resilient infrastructure, including measures to reduce emissions, combat climate change and promote renewable energy.”

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