Climate Justice • 25 Aug 2022
AAIB must let public analyse climate policiesBack to overview
Thirty-two civil society organisations have written to the Asian Infrastructure Investment Bank (AIIB), demanding that the bank engage with the public on how it plans to align itself with the Paris Agreement.
The AIIB is currently planning to treat the methodology it is developing to bring its actions in line with the agreement as an internal document. This means that neither the public nor civil society will be able to analyse and critique the bank’s plans before they are finalised.
This lack of transparency contrasts with the approaches of other international financial institutions, who held public consultations and incorporated civil society feedback into their methodologies. The letter calls on the AIIB to follow suit by publicly disclosing a draft version of the document and allowing sufficient time and space for public and civil society input.