A letter written by Both ENDS, co-signed by 350.org, Australia, Urgewald, Germany, Green Alternative, Georgia, and others, with comments to the AIIB's Energy Strategy Issues note. This strategy prioritizes large scale energy infrastructure, which fails to meet the energy needs of local communities.
The AIIB has the opportunity to champion financing green energy systems for future generations by leapfrogging the large energy infrastructure that rely on fossil fuels, plantations for biomass or dams.
A large part of earth's surface is covered by dry areas: some 40%, in fact, and over two thirds of Africa. Most of the poorest people on earth, some 70% of the undernourished - over 600 million people - live in these areas. Funding and initiatives to fight desertification and other forms of land degradation and to improve food productivity are of vital importance. However, there seems to be no urgency to do so within the international development cooperation world.