The New Development Bank and the Government of India are focusing on risk-mitigation mechanisms and private-capital mobilization to support infrastructure and sustainable development projects.
The New Development Bank (NDB) is advancing efforts to mobilize private capital for infrastructure and sustainable development projects across BRICS member countries.
NDB and the Government of India convened a seminar focusing on how development banks can help reduce investment risks, improve project bankability, and mobilize private capital. The initiative aims to strengthen private-sector participation in development and infrastructure projects.
The approach could expand financing opportunities for projects in infrastructure, energy, transportation, and urban development while encouraging greater participation by private investors and companies.