All hands on deck: Multilateral AIIB working with other development banks to tackle climate change
Battling climate change needs both public and private financing, leveraged through multilateral development banks like AIIB, says its president, Jin Liqun.
The Asian Infrastructure Investment Bank is working with World Bank, EBRD and other financial institutions to step up projects across the globe.
BRICS Summit 2025: India takes center stage at the BRICS 2025 Summit in Rio de Janeiro as Prime Minister Narendra Modi leads a powerful charge from the Global South against Trump’s aggressive tariff policy. With 10 nations participating—including new member Indonesia—this year’s summit focuses on fair global governance, climate action, and reforming outdated world institutions like the UN, WTO, and World Bank. As the world’s fastest-growing major economy, India is pushing for a more equitable trade system and calling for collective resistance against economic coercion. Modi’s leadership is not only uniting BRICS but also redefining it—asserting India as the democratic anchor of a bloc once overshadowed by China. India’s role in the New Development Bank and its calls for tech cooperation, sustainable development, and regional peace underscore its rising influence in shaping a new world order.
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