Filling the sustainable infrastructure gap in Asia: AIIB as a catalyst and orchestrator

Blavatnik School policy memo
Sangjung Ha
Xiao Wang
Abstract

Asia will require infrastructure investments of $1.7 trillion per year, or $26 trillion through 2030, to meet its development goals.

This massive expansion of infrastructure must be sustainable if countries are to meet the commitments laid out in the 2030 Agenda for Sustainable Development and the Paris Agreement, necessary to preserve longterm economic development. However, investment in sustainable infrastructure is likely to face barriers in the coming years as a slowing global economy, higher cost of capital, geopolitical tension, and other factors limit public investment

How can we accelerate sustainable infrastructure investment in Asia even as existing financing models come under strain? This policy brief outlines two macro-strategies to achieve these aims, and highlights the critical role of the Asian Infrastructure Investment Bank (AIIB) in working with a broad range of partners to advance them.

About the authors

Thomas Hale, Associate Professor in Public Policy, Blavatnik School of Government 

Sangjung Ha, Asian Infrastructure Investment Bank

Xiao Wang, Asian Infrastructure Investment Bank