The Tenth Annual Meeting of the New Development Bank (NDB) Board of Governors took place in Rio de Janeiro, Brazil, on July 4 and 5, 2025.
In our 10th anniversary year, we returned to Brazil, where the founding agreement for the New Development Bank was signed in 2014 during the sixth BRICS Summit. The agreement came into force in 2015, establishing NDB to mobilise resources for infrastructure and sustainable development projects in BRICS and other emerging markets and developing countries.
Together, we continue to build infrastructure, foster inclusion, and create a better and more sustainable future.
Theme
Driving Development: Fostering Innovation, Cooperation, and Impact through a Multilateral Development Bank for the Global South
The Annual Meeting offered a vital platform for Governors and stakeholders from NDB’s member countries and beyond to reflect on the development challenges facing the Global South and identify efficient and sustainable solutions.
Programme
Hundreds of participants, including high-level government officials, ministers, members of NDB’s Boards, business leaders, development partners, experts and scholars, media and civil society representatives joined the event.
This year’s Annual Meeting provided an excellent opportunity to celebrate NDB’s achievements in the past decade and reflect on the coming years to transform NDB as a leading provider of solutions for infrastructure and sustainable development in the Global South while fostering cross-learning and becoming a knowledge platform for its member countries and beyond.
| Time (GMT-3) | Meetings/Events |
| 10:00-11:30 | Opening Ceremony |
| 11:30-13:00 | NDB Flagship Governors Seminar “Challenges for Financing Sustainable Development for the Global South” |
| 13:00-14:00 | Lunch |
| 14:00-15:30 | High Level Seminar on Science, Technology and Innovation for Development |
| 15:50-17:50 | High Level Seminar on Local Currency Financing |
| 19:00 | Host Country Dinner and Culture Programme |
| Time (GMT-3) | Meetings/Events |
| 09:00-12:30 | Business Session of the Tenth Annual Meeting of Board of Governors (Closed session) |
| 12:30-13:30 | Lunch with CSOs/NGOs (Representatives of CSOs/NGOs only) |
| 12:30-13:30 | Governors Lunch with VIP Guests |
| 12:30-13:30 | Lunch for General Attendees |
| 13:30-14:00 | NDB President Press Conference (Media only) |
President's Statement
Strengthening Cooperation and Trust in a Changing World
Opening Remarks by H.E. Mrs. Dilma Rousseff, President of the New Development Bank
Statements by Board of Governors
Statements at the Opening Ceremony of NDB 2025 Annual Meeting
Photos
NDB Seminars
NDB Flagship Governors Seminar
Challenges for Financing Sustainable Development for the Global South
Rio de Janeiro, Brazil
July 04, 2025
Science, Technology and Innovation for Development
Rio de Janeiro, Brazil
July 04, 2025
