Original disclosure @ AIIB website
Updated in EWS Jun 29, 2020
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According to AIIB website, the project aims to develop the Asia debt capital market with a specific focus on infrastructure-related bonds as an asset class. To maximize impact, the project focuses on corporate bonds issued by infrastructure-related issuers (including quasisovereign) and green bonds, where proceeds are directed to sustainable infrastructure and other productive sector projects. At this initial phase of debt capital market development, project bonds and other infrastructure-related fixed income securities are not the focus of this credit portfolio.
Project Team Leader: Thomas Walenta
Senior Investment Officer
ACCOUNTABILITY MECHANISM OF AIIB
The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides “an opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIB’s failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.” Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html.
The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html.