AIIB and Amundi publish the 2024 report on implementation of the Climate Change Investment Framework to drive Asia’s Green recovery and transition.

The AIIB-Amundi Climate Change Investment Framework, jointly defined by the Asian Infrastructure Investment Bank and Amundi, was launched in September 2020. This new benchmark investor tool provides, for the first time, an holistic issuer-level assessment of both climate change risks and opportunities in line with the three objectives of the Paris Agreement, Mitigation, Adaptation, and Contribution to the Transition.

Endorsed by the Climate Bonds Initiative (CBI), the AIIB-Amundi Climate Change Investment Framework's approach translates the key objectives of the Paris Agreement into fundamental metrics to assess an issuer’s level of alignment with climate change mitigation, adaptation, and low-carbon transition objectives. 

To encourage development of climate bond markets, an active, Asia climate bond fixed income strategy, was developed in January 2021. The strategy aims to scale climate finance for sustainable infrastructure in Asian emerging markets by investing in debt-issued “Climate Champions” that score highly on its proprietary Climate Change Investment Framework (CCIF).  

The Annual Impact Report for the strategy for 2024 is now available. The report provides an overview of the strategy as well as mitigation, adaptation and transition scores. The report also reveals the level of Greenhouse Gas Emissions avoided, following the industry standard for green bond issuers. In addition, the report explains how the strategy runs a targeted, outcome-oriented engagement programme focused on B List issuers to accelerate their transition into “Climate Champions.”