New Development Bank (BRICS)
The BRICS bank — sustainable infrastructure funding for member economies including India.
SK Insights
NDB: India's Most Underutilised Climate Finance Lever
NDB is quietly becoming India's most underutilised climate-finance lever. With AAA-rated local currency lending and no IMF-style conditionalities, it's purpose-built for Indian infrastructure developers tired of expensive ECB routes. NDB's $30B+ pipeline skews heavily toward renewables and urban resilience — yet most Indian founders haven't even mapped it into their capital stack. That's a strategic blind spot. Fix it before your competitors do.
2026-09-18
NDB's Rupee Lending Is Your Hidden IRR Advantage
NDB's $30B+ pipeline is real, but founders chasing it are sleeping on one critical fact: NDB now mandates local-currency lending — meaning Indian rupee-denominated green project finance without dollar hedging costs. That's 200-300bps of savings on your IRR. CXOs building RE, storage, or green hydrogen in Tier-2 India markets should reposition NDB as a primary lender, not a backup. The window before 2026 pipeline allocation closes is narrow. Move now.
2026-09-09
NDB: India's Underutilised Climate Finance Weapon
NDB's $30B+ pipeline is real, but India-based green project developers are leaving money on the table. Unlike MDBs, NDB moves faster on sovereign-backed transactions and is actively hungry for climate infrastructure in Tier-2 Indian cities — waste-to-energy, urban mobility, distributed solar. If you're a CXO structuring a ₹500Cr+ green project, NDB should be your first call, not your last resort. The window for early-mover positioning is now.
2026-09-08
NDB's Dollar Shift: India's Green Finance Arbitrage Window
NDB is aggressively de-dollarizing — 30% local currency lending target by 2026. For Indian renewable and green hydrogen developers, this is real: INR-denominated NDB loans eliminate forex hedging costs that typically kill 150-200bps of project IRR. With NDB's AAA rating and India holding 7%+ shareholding, domestic project sponsors have privileged access most miss. Stop chasing expensive ECBs blindly — NDB's pipeline is underfunded and relationship-driven. Move now.
2026-09-06
Overview
Dive deeperThe 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 complements multilateral development banks by offering faster, less-conditionality-driven financing, with a growing emphasis on climate-resilient and green infrastructure across member and non-member developing economies.
Mandate & focus
Dive deeperNDB's mission is to finance sustainable infrastructure and development projects in BRICS and emerging economies. It targets renewable energy, clean transportation, water management, and urban resilience, aiming to channel significant capital toward low-carbon transitions and SDG-aligned outcomes across Asia, Africa, and Latin America.
India & Asia presence
Dive deeperNDB operates an India Regional Office in Gandhinagar, Gujarat — its first regional office globally — reflecting India's strategic importance. It finances sovereign and sub-sovereign projects across renewable energy, urban infrastructure, sanitation, and transport. Indian states and central agencies are key borrowers, with a pipeline spanning solar, hydro, and green urban projects.
Leadership roles
Dive deeperRoles are shown generally — verify the current appointees on the agency's own site.
Focus areas
Dive deeper- Renewable energy & clean power infrastructure
- Green urban development & smart cities
- Sustainable transport & mobility
- Water supply, sanitation & flood resilience
- Climate adaptation & green financing frameworks
Notable programmes
Dive deeperFinancing instruments
Dive deeper- Sovereign-guaranteed concessional and non-concessional loans
- Green bonds and sustainability-linked bonds
- Guarantees and credit enhancement facilities
- Equity participation in development-oriented funds
How to engage
Dive deeperDevelopers and CXOs typically access NDB financing through sovereign or state-government channels, as most lending is sovereign-guaranteed. Private sector engagement is evolving via co-financing structures and MDB partnerships. Strategic preparation of bankable project documentation, alignment with NDB's green framework, and government sponsorship are essential prerequisites for successful engagement.
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