The AIIB Watch documents environmental and human rights conflicts arising from infrastructure projects financed by the Asian Infrastructure Investment Bank (AIIB).
Status: Approved
Timeframe: 2023
Area: Brasil
AIIB Investment Amount: 200 million USD
Total Project Cost: 200 million USD
Co-financier: -
E&S Category: FI
Project details: A USD 200 million on-lending facility to Banco BTG Pactual S.A. to expand renewable energy in Brazil, focusing on solar and wind projects, with goals of increasing installed capacity, reducing greenhouse gas emissions, and financing multiple clean energy initiatives.