/ -- On October 14, 2019, the Board of Directors of the New Development Bank (NDB) approved two projects worth USD 800 million, bringing the Bank's portfolio to 44 projects with loans aggregating to USD 12.4 billion.
The following projects were approved:
Fundo Clima Brazil National Climate Fund Project
Please use the following link to access the Project Summary: https://www.ndb.int/fundo-clima-brazil-national-climate-fund-project/
Renewable Energy Sector Development Project
Please use the following link to access the Project Summary: https://www.ndb.int/rec-renewable-energy-sector-development-project/
Background Information
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