1、Asian Infrastructure Investment Bank(AIIB)Asian Infrastructure Investment Bank(AIIB)AIIB and Its Potential Participation in Regional Offshore Wind Project Financing1DISCLAIMERThis presentation has been prepared by the Asian Infrastructure Investment Bank(the“Bank”or“AIIB”)for information purposes on

2、ly and may not be reproduced or redistributed.Certain sectionsof this presentation may contain forward-looking statements that are based on expectations,estimates,projections and assumptions.These statements are not guarantees of future performanceand involve certain risks and uncertainties,which ar

3、e difficult to predict.Therefore,actual future results and trends may differ materially from what is forecast in such forward-looking statements.The information contained in this presentation is subject to changes,modifications,additions,clarifications and/or substitutions.The Bank does not undertak

4、e any obligation to update or publiclyrelease any revisions to this presentation to reflect events,circumstances or changes in expectations after the date of this presentation.AIIB does not make any representation,warranty orassurance of any kind,expressed or implied,nor does it assume any liability

5、 regarding the accuracy,completeness,timeliness or continued availability of any of the information contained in thispresentation.This presentation is provided to you on the understanding that(i)you have sufficient knowledge and experience to understand the contents thereof;and(ii)you are not relyin

6、g on theBank for advice or recommendations of any kind(including without limitation advice relating to economic,legal,tax,regulatory and/or accounting risks and consequences).The Bank accepts noresponsibility for any consequences of the use of the information provided herein.Accordingly,the use of t

7、his presentation and its contents is the exclusive responsibility of the user at its own risk.Potential users should conduct their own appropriate investigations and consult their legal,accounting and tax advisors in order to make an independent determination of the suitability andconsequences of an

8、y use of the information provided herein.Nothing in this presentation shall constitute nor shall be construed as a waiver of the immunities,privileges and exemptions granted toAIIB by its Articles of Agreement,by the agreements into which AIIB has entered or may enter with its shareholder members,by

9、 the legislation of those members or by any other applicable law orinternational convention.This presentation constitutes neither an offer to sell nor solicitation of an offer to buy any securities of AIIB,nor is it intended to serve as a basis for any kind of obligation,contractual or otherwise.The

10、 maps used in this presentation are for reference only.The boundaries,colors,denominations and any other information shown on these maps do not imply,on the part of the AIIB,anyjudgment on the legal status of any territory,or any endorsement or acceptance of such boundaries.As at June 1,2019 unless

11、otherwise stated.239797MEMBERSMEMBERSMEMBERS97 Members,27 Prospective3939PROJECTSPROJECTS APPROVEDPROJECTS APPROVEDGuided by AIIB thematic prioritiesUSD7.9 USD7.9 BILLIONTOTAL INVESTMENTS AND LOANSTOTAL INVESTMENTS AND LOANSProjects funded will better connect people,services and markets to promote s

12、ustainable development and prosperityThe Asian Infrastructure Investment Bank(AIIB)is a multilateral development bank with a mission to improve social andeconomic outcomes in Asia.Headquartered in Beijing,we began operations in January 16,2016 and have now grown to 97approved members worldwide.By in

13、vesting in sustainable infrastructure and other productive sectors in Asia and beyond,wewill better connect people,services and markets that over time will impact the lives of billions and build a better future.497 approved membersMembers Non-RegionalAustriaBelarusCanadaDenmarkEgyptEthiopiaFinlandFr

14、anceGermanyHungaryIcelandIrelandItalyLuxembourg MadagascarMaltaNetherlandsNorwayPolandPortugalRomaniaSpainSudanSwedenSwitzerlandUnited KingdomAlgeriaArgentinaBelgiumBoliviaBrazil*ChileCte dIvoireEcuadorGhanaGreeceKenyaLibyaMoroccoPeruSerbiaSouth Africa*TogoTunisiaUruguayVenezuelaProspective Non-Regi

15、onalArmeniaCook IslandsKuwait*LebanonPapua New GuineaTongaProspective RegionalAfghanistanAustraliaAzerbaijanBahrainBangladeshBrunei DarussalamCambodiaChinaCyprusFijiGeorgiaHong Kong,ChinaIndiaIndonesiaIranIsraelJordanKazakhstanKoreaKyrgyz RepublicLao PDRMalaysiaMaldivesMongoliaMyanmarNepalNew Zealan

16、dOmanPakistanPhilippinesQatarRussiaSamoaSaudi ArabiaSingaporeSri LankaTajikistanThailandTimor-LesteTurkeyUAEUzbekistanVanuatuVietnamMembers RegionalThe bankwill help to mobilize much needed additional resources from inside and outside Asia and will complement the existing multilateral development ba

17、nks.Articles of Agreement*Prospective founding member:These are prospective members who were original signatories to the Articles of Agreement in June 2015.Countries or territories who sought membership after that date are simply called prospective members.All prospective members have been approved

18、by the Board of Governors but have not yet met the full requirements of membership.About AIIB About AIIB Membership Membership About AIIB About AIIB Strategic and Thematic PrioritiesStrategic and Thematic Priorities5Sustainable InfrastructurePromoting green infrastructure and supporting members to m

19、eet their environmental and development goals,especially their commitments under the Paris Agreement and the United Nations Sustainable Development Goals.Cross-Border ConnectivityPrioritizing cross-border infrastructure,ranging from roads and rail to ports,airports,energy pipelines and telecoms.Priv

20、ate Capital MobilizationDevising innovative solutions that mobilize private capital,in partnership with other MDBs,governments,private financiers and other partners.AIIBs presence on co-financings helps spread risk across the MDB and private sector communities,and can help to crowd in private sector

21、 capital.We approach lending,developing our business lines and selecting our projects based on three thematic priorities Energy,34%Transport,24%Water,17%Banking&Finance,15%Urban,8%ICT,2%Approved Projects by SectorGas Transmission&Distribution,56%Renewable Energy,21%Electricity Transmission&Distribut

22、ion,20%Gas Power Plants,3%Approved Projects by Energy Sub-Sector7.6 billion USD2.7 billion USDAIIB Energy Investment Operations(March 28,2019)AIIB Energy Investment Operations(March 28,2019)67,9146,3585,8141,2881,599384230252003000400050006000700080009000By Country(MW)Asia30%Eu

23、rope70%US0.1%Share by regionAsiaEuropeUSChina is leading the growth in AsiaChina is leading the growth in Asia6.3 GW in total,of which 1.9 GW was added in 2018,largest deployment of any nationAnticipated to add 3 GW per year in the 2020s and reach about 41.1 GW by 2030(BNEF 2018b)Jiangsu,Zhejiang,Fu

24、jian and Guangdong are key provincesSource:Compilation based on BNEF renewable project database,as of March 2019Offshore Wind Market in 2018India will launch tender for its first offshore wind projectIndia will launch tender for its first offshore wind projectDeclared a national offshore wind target

25、 to install 5 GW by 2022 and 30 GW by 2030Vietnam is experienced with InterVietnam is experienced with Inter-tidal projects tidal projects Set wind capacity target(incl.offshore wind)of 800 MW by 2020,2,000 MW by 2025 and 6,000 MW by 20307AsiaAsia-PacificPacificBNEF:Half of all installations will co

26、me from APAC in 2020s 61.7 GW of additional capacity;China is leading the wayWood Mackenzie:APAC offshore wind capacity to reach 43 GW in 2027.GlobalGlobalBNEF:Global offshore wind market will grow at a CAGR of 17%to reach 154 GW in 2030.World Bank:USD 500 billion is expected to be invested in offsh

27、ore wind by 2030.IRENA:Global total offshore wind capacity will reach 520 GW by 2050.Source:BNEF 2018Offshore Wind Market by 2030Global Annual Installation(GW)8Cost is dropping fast,but is still highCost is dropping fast,but is still highAsian markets are still in the formative years Asian markets a

28、re still in the formative years Source:BNEF 2018MDBs Role in Catalyzing the SectorSource:BNEF 20189IndiaJapanKoreaU.S.TaiwanMainland ChinaEuropeDevelopment ExperienceAIIBs role in Offshore Wind DevelopmentFacilitate Facilitate Project Project DevelopmentDevelopmentSupport New Support New Technology

29、Technology SolutionsSolutionsShare Share Environmental Environmental&Social and&Social and Technical Technical Expertise Expertise Provide Project Provide Project Financing Financing and/or Equity and/or Equity InvestmentsInvestmentsCreate Create Platforms of Platforms of AggregationAggregation10Cas

30、e Study:UK Offshore WindOverview Overview 41 commissioned projects with a total capacity of 7.9 GW in 15 years,making up as much as 6.2%of the countrys total electricity generationInnovative wind technology solutions including hosting the worlds largest wind farm the 1GW Walney wind farm Policy comm

31、itment to reach 30 GW Offshore Wind by 2030Market PlayersMarket PlayersLeading developers include rsted,E.ON,Vattenfall,RWE Innogy GmbH,Participating Chinese developers include China Resources Power(华润电力),Three Gorges Corporation(三峡集团),State Development and Investment Corporation(国投电力)Strong home-ba

32、sed supply chain Financial investors grew by 350%between 2011 and 2017Revenue Support SchemeRevenue Support SchemeSource:https:/ Extension Wind FarmRenewable Obligations(RO)2002-2016 The main support mechanism for large-scale renewable projects including offshore wind Offshore wind farms were entitl

33、ed to receive two Renewables Obligation Certificates(ROCs)/MWh,tradable at market Price of ROC obligation has increased from 42.02/ROC in 2013/14 to$47.22/ROC in 2018/2019,incentivizing purchase of power from renewable sources Contract for Difference(CfD)2016-Onward Contract for Difference(CfD)to re

34、place RO scheme Generators pay or receive the difference between fluctuating electricity prices and the strike price at auction Strike price for offshore wind projects delivering in 2024/25 is expected to be 53/MWh12Asian Infrastructure Investment Bank(AIIB)Asian Infrastructure Investment Bank(AIIB)

35、B-9 Financial Street Xicheng District Beijing,China100033+86 10 8358 0000informationaiib.orgaiib.orgContactContactYee Yee EanEan PangPangDirector General,Investment Operations IIEnergy&Urban InfrastructureTel:+86 10 8358 0062Email:ypangaiib.orgZiwei LiaoZiwei LiaoSenior Private Sector Operations Specialist,Investment Operations IIEnergy&Urban InfrastructureTel:+86 10 8358 0295/Email:ziwei.liaoaiib.org