Wind

Big role for Brics development bank as RE investment falls short

The New Development Bank (NDB), created in 2014 by the Brics group (Brazil, Russia, India, China and South Africa) could have an important role in guaranteeing the $177bn yearly investments the group would need to meet self-declared renewable energy targets over the next ten to 20 years, says a new report.

Brazil has the biggest RE capacity among the Brics nations
Brazil has the biggest RE capacity among the Brics nations
  • Alexandre Spatuzza in Sao Paulo
Published 18 October 2016, 15:45Updated 25 October 2016, 15:51