Asian Infrastructure Investment Bank

Tema launches three innovative, professionally managed thematic ETFs: American Reshoring, Luxury, & Monopolies and Oligopolies

Retrieved on: 
Thursday, May 11, 2023

Tema ETFs (“Tema”) launches its actively managed thematic ETF offering with three strategies: American Reshoring (RSHO), Luxury (LUX) and Monopolies and Oligopolies (TOLL).

Key Points: 
  • Tema ETFs (“Tema”) launches its actively managed thematic ETF offering with three strategies: American Reshoring (RSHO), Luxury (LUX) and Monopolies and Oligopolies (TOLL).
  • These strategies are the first to address these specific themes in an actively managed ETF in the United States.
  • Our thematic focus, bottom-up investment process and portfolio managers’ industry expertise underpins these differentiated institutional grade ETF investment strategies.
  • The Tema Monopolies and Oligopolies ETF (TOLL) seeks to provide long-term growth through equity investment solely within industries characterized by monopolistic structures.

Macquarie Capital Names John Pickhaver Head of Infrastructure & Energy Capital, Americas

Retrieved on: 
Tuesday, May 2, 2023

Macquarie Capital , the corporate advisory, capital markets and principal investing arm of Macquarie Group, today announced that it has named John Pickhaver Head of Infrastructure and Energy Capital (IEC) for the Americas.

Key Points: 
  • Macquarie Capital , the corporate advisory, capital markets and principal investing arm of Macquarie Group, today announced that it has named John Pickhaver Head of Infrastructure and Energy Capital (IEC) for the Americas.
  • Mr. Pickhaver, who was most recently Co-Head of Macquarie Capital in Australia and New Zealand, has more than two decades of experience in the finance and infrastructure sectors both as a civil engineer and in infrastructure finance.
  • In his 18 years with Macquarie Group, he has led development projects in transportation, social, digital and energy transition infrastructure.
  • John’s relocation underscores Macquarie’s commitment to the region and its substantial potential, as we continue to develop essential infrastructure for our communities,” said Mark Bradshaw, Global Head of Infrastructure and Energy Capital, Macquarie Capital.

Jacobs to Design Maintenance Systems for World's Largest Fusion Experiment

Retrieved on: 
Tuesday, April 25, 2023

DALLAS, April 25, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected to design and engineer remotely-operated tools for ITER, the world's largest fusion power project.

Key Points: 
  • DALLAS, April 25, 2023 /PRNewswire/ -- Jacobs (NYSE:J) was selected to design and engineer remotely-operated tools for ITER , the world's largest fusion power project.
  • The project will capitalize on extensive remote-handling experience and knowledge of the diagnostics and port cell areas gained from previous work.
  • "Our support of the maintenance of these diagnostics systems not only delivers on Jacobs' commitment to climate response but also our purpose of creating a more connected, sustainable world," said Jacobs Energy, Security and Technology Senior Vice President Karen Wiemelt.
  • We base these forward-looking statements on management's current estimates and expectations, as well as currently available competitive, financial and economic data.

AIIB to Open First Overseas Office in Abu Dhabi, UAE

Retrieved on: 
Wednesday, April 19, 2023

ABU DHABI, UAE, April 19, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) and the United Arab Emirates (UAE) signed a host member agreement to officially open in Abu Dhabi the Bank's first overseas office, an Interim Operational Hub (the Hub).

Key Points: 
  • ABU DHABI, UAE, April 19, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) and the United Arab Emirates (UAE) signed a host member agreement to officially open in Abu Dhabi the Bank's first overseas office, an Interim Operational Hub (the Hub).
  • Jin Liqun, President and Chair of the Board of Directors of AIIB, joined His Excellency Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology and UAE Governor of AIIB, during the signing ceremony in Abu Dhabi.
  • "As a founding member of AIIB, the UAE actively contributes to the Bank's sound governance and rapid growth," said President Jin.
  • "The establishment of the Hub in the UAE gives the Bank a robust platform to manage our growing investment portfolio.

AIIB Clarifies its Role in Indonesia Tourism Development Project

Retrieved on: 
Tuesday, April 18, 2023

BEIJING, April 18, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has clarified that its investment in the Indonesia Mandalika Urban and Tourism Infrastructure Project (Mandalika Project) is in compliance with environmental and social standards.

Key Points: 
  • BEIJING, April 18, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has clarified that its investment in the Indonesia Mandalika Urban and Tourism Infrastructure Project (Mandalika Project) is in compliance with environmental and social standards.
  • Since approval of the Mandalika Project, AIIB has closely monitored implementation by its client, the Indonesia Tourism Development Corporation (ITDC), of the Bank's Environmental and Social Framework.
  • With support from AIIB, ITDC has worked with affected communities while preparing the Project to avoid, minimize and/or mitigate potential adverse impacts.
  • AIIB notes that the Mandalika Project, like any other infrastructure development, is a complex undertaking but the Bank remains committed to working with its partners and stakeholders, so that everyone can participate in and reap the benefits the Project is anticipated to bring.

AIIB Clarifies its Role in Indonesia Tourism Development Project

Retrieved on: 
Tuesday, April 18, 2023

BEIJING, April 18, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has clarified that its investment in the Indonesia Mandalika Urban and Tourism Infrastructure Project (Mandalika Project) is in compliance with environmental and social standards.

Key Points: 
  • BEIJING, April 18, 2023 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has clarified that its investment in the Indonesia Mandalika Urban and Tourism Infrastructure Project (Mandalika Project) is in compliance with environmental and social standards.
  • Since approval of the Mandalika Project, AIIB has closely monitored implementation by its client, the Indonesia Tourism Development Corporation (ITDC), of the Bank's Environmental and Social Framework.
  • With support from AIIB, ITDC has worked with affected communities while preparing the Project to avoid, minimize and/or mitigate potential adverse impacts.
  • AIIB notes that the Mandalika Project, like any other infrastructure development, is a complex undertaking but the Bank remains committed to working with its partners and stakeholders, so that everyone can participate in and reap the benefits the Project is anticipated to bring.

Panelists call for consistent and concerted effort to fight climate crisis at IMF Spring Meeting coorganised by IFF

Retrieved on: 
Wednesday, April 12, 2023

The Resilience and Sustainability Trust was the first long term instrument of the IMF, said Li, which demonstrated the commitment of IMF member countries.

Key Points: 
  • The Resilience and Sustainability Trust was the first long term instrument of the IMF, said Li, which demonstrated the commitment of IMF member countries.
  • Ndagijimana said governments should equally prioritise climate crisis vis-a-vis Covid 19, with "immediate actions and continuous and consistent measures".
  • Li of the IMF thinks good policy environments and incentives are essential to crowd in the private sector in climate financing.
  • Ken Lay of RockCreek suggested that risks in climate projects are holding private funds from pouring into climate financing.

Panelists call for consistent and concerted effort to fight climate crisis at IMF Spring Meeting coorganised by IFF

Retrieved on: 
Wednesday, April 12, 2023

The Resilience and Sustainability Trust was the first long term instrument of the IMF, said Li, which demonstrated the commitment of IMF member countries.

Key Points: 
  • The Resilience and Sustainability Trust was the first long term instrument of the IMF, said Li, which demonstrated the commitment of IMF member countries.
  • Ndagijimana said governments should equally prioritise climate crisis vis-a-vis Covid 19, with "immediate actions and continuous and consistent measures".
  • Li of the IMF thinks good policy environments and incentives are essential to crowd in the private sector in climate financing.
  • Ken Lay of RockCreek suggested that risks in climate projects are holding private funds from pouring into climate financing.

Harvard China Forum 2023 Includes Yida Gao of Shima Capital

Retrieved on: 
Friday, April 7, 2023

CAMBRIDGE, Mass., April 7, 2023 /PRNewswire/ -- Yida Gao, Founder and Managing General Partner at venture capital firm Shima Capital, will be amongst the esteemed guest speakers at the prestigious Harvard College China Forum. The event has been running for over 25 years and each year features dozens of business, government, and other luminaries in the Chinese community.

Key Points: 
  • CAMBRIDGE, Mass., April 7, 2023 /PRNewswire/ -- Yida Gao, Founder and Managing General Partner at venture capital firm Shima Capital, will be amongst the esteemed guest speakers at the prestigious Harvard College China Forum.
  • This year, the Harvard College China Forum returns to Massachusetts for a fully in-person event between April 7-9.
  • The Harvard College China Forum was founded in 1997 and is dedicated to a constructive dialogue on the challenges, trends, and issues affecting China.
  • For more on Yida Gao and Shima Capital, visit www.yidagao.com and www.shima.capital .

AIIB Supports Masdar's Solar Power Projects in Uzbekistan

Retrieved on: 
Thursday, April 6, 2023

These three solar PV plants contribute to Uzbekistan's National Strategy for the Transition to a Green Economy which aims to install over 7 GW of solar capacity by 2030.

Key Points: 
  • These three solar PV plants contribute to Uzbekistan's National Strategy for the Transition to a Green Economy which aims to install over 7 GW of solar capacity by 2030.
  • Once completed, the projects' combined size will reach 897 MW, also making it one of the larger solar PV developments in the region.
  • These agreements follow the recent signing of a Joint Declaration for a 2023-2026 project pipeline between the Government of Uzbekistan and AIIB.
  • To date, AIIB has approved 11 projects in Uzbekistan, amounting to USD2.16 billion across water, energy, urban, transport and healthcare sectors.