This PhD thesis is devoted to the theory of infinite-dimensional Lie bialgebra structures as well as their close relatives such as r-matrices and Manin pairs. The thesis is based on three papers.Paper I. The standard structure on an affine Kac-Moody algebra induces a Lie bialgebra structure on the underlying loop algebra and its parabolic subalgebras. We obtain a full classification of the induced twisted Lie bialgebra structures in terms of Belavin-Drinfeld quadruples.First, we prove that the induced structures are pseudo quasi-triangular. Then, using the algebro-geometric theory of the classical Yang-Baxter equation (CYBE), we reduce the problem of classification to the well-known Belavin-Drinfeld list of trigonometric solutions.Paper II....