New Development Bank

The New Development Bank (NDB) is a multilateral development bank established by the BRICS nations—Brazil, Russia, India, China, and South Africa—with the primary goal of mobilizing resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs). NDB operates in a unique position to contribute to global growth and development by leveraging capital to accelerate economic growth and achieve environmental and social sustainability. The bank's funding strategy ensures sufficient resources are available to meet liquidity requirements while optimizing borrowing costs, with activities spread across multiple markets, currencies, formats, and maturities. NDB focuses on developing sustainable infrastructure, particularly in transport networks that promote regional connectivity and facilitate the movement of people, goods, and services. The bank serves member countries and stakeholders, aiming to improve the lives of people by fostering economic growth and unlocking job opportunities. NDB's business model involves collaborating with partners to finance projects, irrespective of the proportion of financing in the total project cost, ensuring long-term sustainable returns. Keywords: multilateral, development, infrastructure, sustainable, BRICS, emerging markets, financing, economic growth, transport, connectivity.