In a world craving climate solutions and digital connectivity, the New Development Bank (NDB) – backed by BRICS nations (Brazil, Russia, India, China, and South Africa) – is stepping up as a green finance powerhouse. Think of it as the Avengers of infrastructure funding, but for solar farms and smart cities instead of saving New York! 🏙️⚡
Launched in 2015 after a 2014 BRICS Summit pact, this multilateral bank has injected billions into sustainable projects across emerging economies. From wind energy in Brazil to metro systems in India, the NDB is reshaping how developing nations build their futures. 🌍🔌
Why should you care? With 60% of global growth predicted to come from emerging markets this decade, the NDB’s focus on renewable energy and digital infrastructure could literally power the next TikTok trend or eco-friendly startup. 💡🌐
As one analyst put it: ‘This isn’t just about concrete and steel – it’s about creating climate-resilient economies that can thrive in the 21st century.’ Mic drop. 🎤💥
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Graphics: NDB supports development projects in emerging markets
cgtn.com