The New Development Bank (NDB) was established to channel financial resources toward infrastructure and sustainable development projects in BRICS member states and other emerging economies. To achieve this objective, the Bank has defined a set of core mandates aligned with complementing the activities of multilateral and regional financial institutions and supporting global development efforts.
The NDB allocates its resources to projects related to sustainable development and infrastructure in BRICS countries, other emerging markets, and developing economies. These efforts are aligned with the United Nations 2030 Sustainable Development Goals (SDGs) and the commitments under the 2015 Paris Agreement.
Within its mandate, the NDB cooperates with international organizations, governmental bodies, private sector entities, international financial institutions, and national development banks to enhance the efficiency and impact of development projects.
To facilitate effective project design and implementation, the Bank provides specialized technical services. These include expert consultancy, technical design support, financial modeling, and professional advisory services.
Another priority of the Bank is supporting projects that involve more than one country—initiatives capable of generating broader regional impacts and strengthening economic integration.
To more effectively achieve its objectives, the New Development Bank establishes and manages special-purpose funds. These funds are designed to promote sustainable development, strengthen critical infrastructure, and address shared global challenges.
