Investment Exclusion List

All prospective investments are screened against an exclusion list, aligned with AIIB’s exclusion list as provided below:

  1. Forced labour or harmful or exploitative forms of child labour
  2. The production of, or trade in, any product or activity deemed illegal under national laws or regulations of the Member in whose territory the Project is located, or international conventions and agreements, or subject to international phase out or bans, such as:
    • Production of, or trade in, products containing polychlorinated biphenyl (PCBs)
    • Production of, or trade in, pharmaceuticals, pesticides/herbicides and other hazardous substances subject to international phase outs or bans (Rotterdam Convention, Stockholm Convention).
    • Production of, or trade in, ozone depleting substances subject to international phase out (Montreal Protocol)
  3. Trade in wildlife or production of, or trade in, wildlife products regulated under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES)
  4. Transboundary movements of waste prohibited under international law (Basel Convention)
  5. Production of, or trade in, weapons and munitions, including paramilitary materials
  6. Production of, or trade in, alcoholic beverages, excluding beer and wine
  7. Production of, or trade in, tobacco.
  8. Gambling, casinos and equivalent enterprises
  9. Production of, trade in, or use of
  10. Activities prohibited by legislation of the Member in whose territory the Project is located or by international conventions relating to the protection of biodiversity resources or cultural resources, such as, Bonn Convention, Ramsar Convention, World Heritage Convention and Convention on
  11. Commercial logging operations or the purchase of logging equipment for use in primary tropical moist forests or old-growth forests
  12. Production or trade in wood or other forestry products other than from sustainably managed forests
  13. Marine and coastal fishing practices, such as large-scale pelagic drift net fishing and fine mesh net fishing, harmful to vulnerable and protected species in large numbers and damaging to marine biodiversity and habitats.
  14. Shipment of oil or other hazardous substances in tankers that do not comply with IMO requirements (IMO, MARPOL, SOLAS and Paris MOU)
  15.  Coal mining, coal transportation or coal-fired power plants, as well as infrastructure services exclusively dedicated to support any of these activities.