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.
As the U.S. and its allies strengthen their Development Finance Institutions (DFIs), they must strike a balance between fostering their domestic competitiveness, advancing geopolitical goals, and promoting growth in developing countries.
A new report featuring recently declassified documents reveals the complicated history behind Hambantota Port’s debt woes and the importance of avoiding past mistakes as the Covid-19 pandemic pushes more of China’s borrowers to the brink.
Allied alternatives to China’s Belt and Road face a central challenge: international politics and infrastructure projects have fundamentally different timelines.
Jonathan Black and Daleep Singh, the UK and U.S. G7 Sherpas, respectively, discuss the Build Back Better World (B3W) infrastructure initiative and the G7’s response to China’s Belt & Road Initiative, among other outcomes from the June 2021 summit.