1. Home
  2. Library
  3. AIIB Environmental and Social Framework

Title: AIIB Environmental and Social Framework

Language: English

Type: Document

Nature: Guidelines

Published: February 1, 2016

Region: Global

Country: Global / Non-Specific

Keywords: Knowledge Lab, PPP Cycle, PPP Reference Guide, Online Guide, Environmental and social impact assessment

Document Link(s):

Document(s):

Document Summary:

The Environmental and Social Framework prepared by the AIIB.

Document Details:

The objectives of this Environmental and Social Framework are to:

  • Reflect institutional aims to address environmental and social risks and impacts in Projects (defined below in paragraph 5 of the ESP).
  • Provide a robust structure for managing operational and reputational risks of the Bank and its shareholders in relation to Projects’ environmental and social risks and impacts.
  • Ensure the environmental and social soundness and sustainability of Projects.
  • Support integration of environmental and social aspects of Projects into the decision- making process by all parties.
  • Provide a mechanism for addressing environmental and social risks and impacts in Project identification, preparation and implementation.
  • Enable Clients (defined below in paragraph 5 of the ESP) to identify and manage environmental and social risks and impacts of Projects, including those of climate change.
  • Provide a framework for public consultation and disclosure of environmental and social information in relation to Projects.
  • Improve development effectiveness and impact to increase results on the ground, both short- and long-term.
  • Support Clients, through Bank financing of Projects, to implement their obligations under national environmental and social legislation (including under international agreements adopted by the member) governing these Projects.
  • Facilitate cooperation on environmental and social matters with development partners.

AIIB. 2016. Environmental and Social Framework. Beijing: Asian Infrastructure Investment Bank. [#4519]

Updated: June 27, 2022

Related Content