New Development Bank (BRICS)

The New Development Bank (NDB), established by BRICS nations in 2015 and headquartered in Shanghai, mobilises resources for infrastructure and sustainable development in emerging markets. It serves as a multilateral development bank prioritising green infrastructure, climate resilience, and closing the financing gap in developing and middle-income economies.

NDB's core mission is to fund sustainable infrastructure and development projects in BRICS and emerging economies. It explicitly targets clean energy, climate adaptation, environmental protection, and social infrastructure, aiming to complement existing multilateral institutions with faster, more flexible financing.

NDB operates an India Regional Office in Gandhinagar, Gujarat, within the GIFT City financial hub. India is one of NDB's largest borrowing members, with a significant project portfolio spanning renewable energy, urban infrastructure, transport, and water. NDB co-finances with Indian development institutions and engages state governments directly.

Roles are shown generally — verify the current appointees on the agency's own site.

• Renewable energy & clean power infrastructure
• Climate resilience & green urban development
• Sustainable transport & mobility
• Water, sanitation & flood management
• Digital & social infrastructure in emerging markets

• Sovereign-guaranteed concessional and non-concessional loans
• Green bonds and sustainability-linked bonds
• Guarantees and risk-sharing facilities
• Equity participation and fund investments in select cases

Project developers and CXOs typically access NDB financing through their national government or a designated sovereign entity, as most loans require sovereign guarantees. Private-sector players can engage via co-financing structures with public partners or through NDB-backed intermediary financial institutions. Strategic advisory support helps structure bankable proposals aligned with NDB's ESG and eligibility criteria.