PROJECTS
APPROVED IN 2022
PROJECTS IN THE PORTFOLIO
AT THE END OF 2022
AMOUNT OF
APPROVALS IN 2022
AMOUNT OF FINANCING APPROVED FOR PROJECTS IN THE PORTFOLIO
AT THE END OF 2022
Under the theme of "NDB: Optimising Development Impact", the Seventh Annual Meeting of NDB's BoG was held in a virtual format on May 19, 2022. The meeting was chaired by Mrs. Nirmala Sitharaman, NDB's Governor for India and Minister of Finance of the Republic of India. With the attendance of NDB's Governor for UAE and NDB's Alternate Governor for Bangladesh, the meeting marked the first participation of non-founding members in the annual meetings of the Bank's BoG.
On June 23, 2022, NDB participated in the 14th BRICS Summit, which was held in a virtual format. Chaired by the People's Republic of China, the theme of the summit was "Foster High-quality BRICS Partnership, Usher in a New Era for Global Development".
NDB's President reported to the Leaders of the BRICS countries on the Bank's achievements over the past year, including continued support to infrastructure and sustainable development projects in member countries, admission of new members, relocation to the permanent headquarters building in Shanghai, establishment of a local presence in all BRICS countries, and transition into a new strategy cycle.
On October 25, 2022, NDB, in collaboration with the Ministry of Finance of China, hosted a workshop on "Scaling Up Development Finance for a Sustainable Future", which featured the Bank's General Strategy for 2022–2026. The workshop explored how NDB can achieve its overarching objective of becoming a leading provider of solutions for infrastructure and sustainable development for BRICS and other EMDCs over the five-year strategy cycle.
In line with its increased efforts to fighting climate change, NDB participated in the 27th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP27), held from November 6 to November 20, 2022, in Sharm El-Sheikh, Egypt.
NDB, together with nine other MDBs, issued the COP27 Multilateral Development Banks Joint Statement, which reaffirmed their collective commitment to expanding support to countries in low-emission, climate-resilient transition to undertake sound analysis, formulate policies, define specific investment plans, and mobilise financing resources.
