The Asian Infrastructure Investment Bank’s (AIIB) newly revised environmental and social framework appears to tick all the boxes, but it includes too many loopholes and caveats that undermine accountability and public access to information.
Negotiations between North and South Korea have revived prospects for reconnecting the Korean peninsula. A critical aspect of connectivity is energy infrastructure, which will require analysis and technical planning to make the most of any future political openings. This series of case studies underscores the poor state of North Korea’s existing energy infrastructure, illustrates different models for delivering projects, and considers the strategic implications of different paths forward for the peninsula’s energy connections.
The Asia Infrastructure Investment Bank’s (AIIB) response to Covid-19 may determine its emerging role in development finance, for good or ill. While it has responded quickly and substantially to the pressing needs of its members, these actions risk contributing to debt risks, institutional overreach, and perceived favoritism towards Beijing.
On October 17, the CSIS Japan Chair hosted the governor of the Japan Bank for International Cooperation, Tadashi Maeda, to discuss the role of infrastructure development in maintaining a free and open Pacific region and responding to China’s Belt and Road Initiative.
On October 16th, CSIS Senior Vice President and Simon Chair in Political Economy, Matthew P. Goodman, hosted Asian Development Bank President Takehiko Nakao for a conversation about quality infrastructure in Asia, China’s Belt and Road Initiative, and more.