eir investmen上海千花坊女神会所ts within their own countries and abroad. They should promote the role of international financial institutions, and multilateral deve
lopment banks in particular, in lowering the cost of capital for sustainable infrastructure.
“The necessary pace and scale of transition requires a substantial expansion of that role,” he said.
Stern, a member of the international advisory panel for the Asian Infrastructure Investm
ent Bank, said that on the back of good management, a strong portfolio and a clear strategy, the AIIB successfully issued its first global b
ond last month, raising $2.5 billion to support sustainable infrastructure, cross-border connectivity, and env
ironmental, social and governance-related investment practices in emerging economies in Asia.
The AIIB‘s inaugural report on Asian infrastructure finance, published early this year, concluded there has been no significant breakthrough in Asia in mobilizin