His Excellency Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and the UAE Governor to the Asian Infrastructure Investment Bank (AIIB), participated in a high-level roundtable during the Bank’s 10th Annual Meeting of the Board of Governors. The meeting, held in Beijing from June 24 to 26, 2025, focused on the theme “Connecting for Development, Collaborating for Prosperity.”

During the discussions, the Board reviewed recent achievements and discussed future initiatives. Participants underscored the need for coordinated international efforts to address global economic challenges, particularly those related to climate change, through expanded strategic partnerships, mobilization of concessional finance, and investment in sustainable infrastructure.

Dr. Sultan Al Jaber commended AIIB’s progress and its role in financing infrastructure projects across member countries. He stated that the UAE’s support for this partnership aligns with the directives of its leadership, which prioritizes multilateral cooperation, economic development, and international bridge-building.

The AIIB’s operational office in Abu Dhabi, its first outside of China, has been cited as a successful model for strengthening the Bank’s capacity and expanding its operations within its first year. The office has reportedly helped align investments with the Bank’s strategic priorities and enhanced engagement with regional clients, partners, and stakeholders. The UAE joined AIIB as a founding member in April 2015.

Over the past decade, AIIB has approved financing exceeding USD 60 billion for 318 projects. According to its 2024 Annual Report, the Bank approved 51 new projects in 19 member countries, totaling USD 8.4 billion in financing.

AIIB also made progress in climate financing, allocating 67% of its USD 5.6 billion in total funding to sustainable projects, surpassing its 2025 target of 50%. These initiatives included renewable energy projects with a combined capacity exceeding 21 gigawatts, estimated to contribute to the annual avoidance of approximately 28 million tons of CO₂ emissions.