IDEAS home Printed from https://ideas.repec.org/p/arx/papers/2502.03893.html
   My bibliography  Save this paper

Exploring the Reform and Development Pathways of AIIB's Climate Accountability Mechanism in the Context of Global Climate Governance

Author

Listed:
  • Yedong Zhang

Abstract

After the Asian Infrastructure Investment Bank (AIIB) revised its Environmental and Social Framework, it has committed to certain climate-related objectives, yet an independent climate accountability mechanism has not been established. The absence of clear evaluation principles and procedural rules presents challenges in effectively addressing environmental investment disputes. This article reviews both domestic and international literature related to AIIB's climate accountability mechanism, identifying that the current Environmental and Social Framework's principled content and reliance on traditional approaches have resulted in issues of enforceability and the absence of an independent accountability institution. To enhance the effectiveness of AIIB's climate accountability mechanism, a reassessment of its development path is necessary. Future developments should transition from an additive path to a substitutive path, focusing on the application of international environmental and social standards, increasing stakeholder recognition and participation, promoting comprehensive reforms within AIIB, and establishing a coordinated independent accountability system. These measures aim to support the robust development of AIIB's climate accountability mechanism.

Suggested Citation

  • Yedong Zhang, 2025. "Exploring the Reform and Development Pathways of AIIB's Climate Accountability Mechanism in the Context of Global Climate Governance," Papers 2502.03893, arXiv.org.
    • Handle: RePEc:arx:papers:2502.03893
    as

    Download full text from publisher

    File URL: http://arxiv.org/pdf/2502.03893
    File Function: Latest version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Giuseppe Gabusi, 2019. "Global Standards in the Asian Infrastructure Investment Bank: The Contribution of the European Members," Global Policy, London School of Economics and Political Science, vol. 10(4), pages 631-638, November.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kaya, Ayse & Kilby, Christopher & Kay, Jonathan, 2021. "Asian Infrastructure Investment Bank as an instrument for Chinese influence? Supplementary versus remedial multilateralism," World Development, Elsevier, vol. 145(C).
    2. Ayse Kaya & Byungwon Woo, 2022. "China and the Asian Infrastructure Investment Bank (AIIB): Chinese Influence Over Membership Shares?," The Review of International Organizations, Springer, vol. 17(4), pages 781-813, October.
    3. Hai Yang, 2023. "Rhetorical coercion, institutional legitimacy and the creation of the Asian Infrastructure Investment Bank," Global Policy, London School of Economics and Political Science, vol. 14(5), pages 730-741, November.
    4. Nanni, Riccardo, 2021. "The ‘China’ question in mobile Internet standard-making: Insights from expert interviews," Telecommunications Policy, Elsevier, vol. 45(6).
    5. Laerte Apolinário Júnior & Felipe Jukemura, 2022. "A comparative analysis of the environmental and social policies of the AIIB and World Bank," Global Policy, London School of Economics and Political Science, vol. 13(5), pages 694-709, November.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arx:papers:2502.03893. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: arXiv administrators (email available below). General contact details of provider: http://arxiv.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.