According to the AIIB, the project aims to promote low carbon solutions and climate adaptation in selected AIIB members in MENA, to mobilize private capital for infrastructure by catalyzing other DFI and commercial investors into the Fund, and to develop the fund management sector in the region.
The focus on climate mitigation and climate adaptation investment strategy. CMCF2 will target Middle East and Northern Africa (MENA) region, primarily Egypt, Jordan and Tunisia.
The AIIB will contribute to 20% of the CMCF 2 fund size, capped at up to USD20 million.
According to the company's website, Catalyst Investment Management (also known as Catalyst Private Equity) is a specialized energy and water sector investment management company operating out of Jordan, covering primarily the Middle East and North Africa.
AIIB's Team Leader:
Zulfiqar Ali - Principal Investment Officer
Catalyst Investment Management:
Project Contact Person:
Ennis Rimawi - Managing Director
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.aiib.org/en/contact/information-request/index.html
ACCOUNTABILITY MECHANISM OF AIIB
The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides Òan 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 AIIBÕs failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.Ó 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