Consensus and Confidence

Investing over $30 billion in 80 projects, from clean energy to digital infrastructure. Setting up a $10-billion emergency assistance loan facility for COVID-19 control. Approving around $9 billion in loans under this program. These are a few examples of what the New Development Bank (NDB), a multilateral financial institution established by the BRICS countries— Brazil, Russia, India, China and South Africa, has achieved since its debut in 2015.