Five years since the New Development Bank became operational, the BRICS-led NDB has made significant investments in sustainable infrastructure and contributed to the global pool of climate finance. This session will take stock of the progress of the NDB and provide an outline for its investments going forward. The session will lay particular emphasis on how the NDB can catalyse finance from other sources, including sovereign funds, philanthropic ventures, and commercial banks. The panel will discuss how the Bank can become more effective in financing SDGs, particularly in a post-pandemic world where emerging and developing nations face capacity constraints, economic downturn, and societal upheaval.
