Development Lender Aims to Speed Post-War Shift to Clean Energy

The Asian Infrastructure Investment Bank aims to help the region accelerate adoption of cleaner power as nations respond to energy shocks from the Iran war by seeking greater self-sufficiency.

“We will do whatever we can to speed up the transition towards climate resilient infrastructure,” said Murtaza Syed, head of ecosystem at the economics department at AIIB. “It is one of our priorities, but I foresee that once the conflict is over, there will probably be an even bigger push in that direction.”