New members likely to join BRICS, expand green business: NDB president

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  • CGTN published this video item, entitled “New members likely to join BRICS, expand green business: NDB president” – below is their description.

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    The 2021 Lujiazui Forum opened in #Shanghai on June 10. One of the highlights at this year’s event is the financial market’s role in carbon neutrality. In an exclusive interview with CGTN, New Development #Bank (#NDP) President Marcos Troyjo said BRICS is likely to welcome new members this year and that will help the NDB expand its business in green finance. So far, 20 percent of the bank’s business is related to climate issues. The NDB was established by BRICS nations in 2015.

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    In This Story: Shanghai

    Shanghai, on China’s central coast, is the country’s biggest city and a global financial hub. Its heart is the Bund, a famed waterfront promenade lined with colonial-era buildings. Across the Huangpu River rises the Pudong district’s futuristic skyline, including 632m Shanghai Tower and the Oriental Pearl TV Tower, with distinctive pink spheres. Sprawling Yu Garden has traditional pavilions, towers and ponds.

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