NDB Seminars

The year of 2025 marks the tenth anniversary of NDB, the world’s first global multilateral development bank fully established by emerging market economies and developing countries (EMDCs), and the flagship achievement of BRICS Cooperation Mechanism.

In the past golden decade of the NDB, the Bank has approved 120 investment projects worth USD 40 billion in a member-led and demand-driven approach, featuring non-conditionality. The NDB has been a pioneer in adopting Country System in ESG and procurement policies, and in utilizing local currencies and local financial markets for investment and funding operations. As a vital exchange platform for the Global South, the NDB has been invigorating global development cooperation, and raising the voice of the Global South in international fora. Its steadily expanded membership and broadened partnerships empowered the NDB to amplify its development impact and extend its reach for greater populations, reinforcing the NDB’s identity as a golden brand for South-South Cooperation.

Ten years into operation, the NDB has grown in scope, scale, and relevance, making significant development impact on the Global South. Launching a new chapter at NDB’s 10th anniversary, the NDB Flagship Governors Seminar will discuss how the NDB could establish itself as a Premier Multilateral Development Bank for the Global South. It will inspire strategic discussions and deliberations on advancing NDB’s efforts to promote innovative development solutions, expand scale and scope of investment fields and financing mechanisms, improve corporate governance and operational efficiency, deepen multilateral development cooperation, expand further its membership, and strengthen capacity building and knowledge sharing, allowing the Bank to better fulfil its mandate and make greater contributions to the sustainable development of the Global South in the next golden decade.