New kids on the block: The New Development Bank's plans to become a 'bright green' bank

Following the 2017 BRICS summit this week, what has its development bank got planned for green finance?

The New Development Bank is a David among Goliaths. Launched two years ago to give emerging countries a stronger voice in the multilateral development bank world, it started out with a team of five and commitments of $10bn over five years. Current payments total just $2.6bn. To p…

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