In an exclusive interview with CMG's Zou Yun, New Development Bank (NDB) President Dilma Rousseff outlined the multilateral institution’s ambitions to reshape infrastructure financing for the Global South while reaffirming its alignment with China’s vision of shared global prosperity. The discussion followed Chinese President Xi Jinping’s visit to the Shanghai-based bank on April 29, which spotlighted its growing influence.
Rousseff, Brazil’s former president, emphasized the NDB’s commitment to advancing green and digital transitions across emerging economies. "Our goal is to create a model prioritizing sustainability over conditional debt traps," she stated, referencing the bank’s plans to expand membership beyond BRICS nations soon.
The NDB president credited China’s leadership for advocating multipolar development frameworks. "President Xi’s vision of a community with a shared future aligns with our mission to democratize access to capital," she said, citing partnerships in renewable energy projects spanning Southeast Asia and Africa.
With Rousseff’s term recently extended through 2028, analysts note the bank’s strategic focus on streamlining cross-border payment systems – a move likely to interest investors monitoring decarbonization opportunities in developing markets.
