China: Nature Finance Accelerator Program - Bank of Jiangsu (AIIB-000950)

Countries
  • China
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Infrastructure Investment Bank (AIIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
FI
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jun 24, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Bank of Jiangsu Co., Ltd., Shanning Dong
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Climate and Environment
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ AIIB website

Updated in EWS Nov 11, 2026

Disclosed by Bank Jul 10, 2026

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank's website, the approved project aims to catalyze private capital for nature finance in support of China’s ecological transition and Kunming-Montreal Global Biodiversity Framework implementation, while harnessing cross-border green finance to scale eco-friendly and climate mitigation investments across selected AIIB members. The Nature Finance Accelerator Program (NFAP or “the Program”) is AIIB's first standalone investment initiative dedicated to nature finance – an emerging yet increasingly critical area within sustainable finance. The Program aims to scale up investments in nature infrastructure, nature conservation, and nature-based solutions. Under the Program, AIIB will work with Bank of Jiangsu Co., Ltd. (BOJS) and other partner banks through its on-lending facilities to support a portfolio of high-impact, nature-related subprojects aligned with the MDB Common Nature Finance Taxonomy. The subprojects will be primarily located in China's Jiangsu and Zhejiang provinces and are expected to contribute to a paradigm shift toward ecological civilization. In addition, the NFAP will adopt a programmatic approach that integrates subproject preparation with capacity building activities to mobilize private capital at scale.

Under the Bank of Jiangsu Project (the “Project”), at least 80% of the loan proceeds will be earmarked for eligible subprojects classified as nature finance under the MDB Common Nature Finance Taxonomy across China. Eligible nature-related activities will involve one or more of the following: (a) restoring or conserving natural ecosystems, (b) addressing key drivers of nature loss, or (c) integrating nature-based solutions in infrastructure. Priority sectors in the Jiangsu context include Water, Sanitation and Waste Management, and Urban Development. Up to 20% will be directed toward cross-border green subprojects in emerging market AIIB members, aligned with the Multi-Jurisdiction Common Ground Taxonomy. These subprojects will be required to meet recognized green eligibility criteria and deliver measurable contributions to addressing climate-change-related challenges, with a focus on renewable energy, energy storage, electric vehicles, and related infrastructure and productive sectors along the value chain. 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

USD300 million equivalent in CNY 

Financial Intermediary
A financial intermediary is a bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.
Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Bank of Jiangsu, headquartered in Nanjing and listed on the Shanghai Stock Exchange (600919), is a comprehensive commercial bank serving the Yangtze River Delta, Pearl River Delta, and Bohai Rim. With 18 branches, three subsidiaries, over 540 outlets, and 20,000 employees, it delivers innovative, sustainable financial services and ranks 51st globally by tier-one capital. 


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Project Team Leader: Yihong Wang 

Title: Senior Investment Officer 

Email: yihong.wang@aiib.org 

Co Project Team Leader: Eric He 

Title: Investment Officer 

Title: eric.he@aiib.org 

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

How it works

How it works