New Development Bank 346d ago

Over the past decade, NDB has approved 120 projects worth USD 40 billion, transforming lives across the Global South. In Brazil alone, NDB has approved 29 sustainable development projects, with USD 7 billion in approved financing across vital sectors such as transport, clean energy, water and sanitation, health, and education infrastructure. The video showcases our impactful initiatives, highlighting several firsts including: - NDB's first investment in an equity fund, - first cross-border use of member's local currencies (CNY denominated loan outside of People’s Republic of China), - the largest loan ever by NDB of USD 1.2 billion loan for BNDES–NDB Sustainable Infrastructure Project. Watch the video to learn more about NDB's decade of impact and partnerships in Brazil. #NDBAM25 #DrivingDevelopment