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The New Development Bank (NDB) is an international development finance institution that was established to aid infrastructure and sustainable development initiatives and assist emerging economies to achieve faster growth through innovation and cutting-edge technology.
The Bank offers technical support to projects and participates in information, cultural and people exchanges to help achieve environmental and social sustainability. NDB has been involved in projects that support clean energy, environmental efficiency, urban development, digital infrastructure, and water sanitation and is also involved in the development of the social infrastructure and offering COVID-19 assistance.
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.