Governing Council endorses recommendations of High-Level Task Force on Simplification, which include:reducing the number of elements in the risk-weighted and leverage ratio frameworkintroducing a materially simpler prudential regime for smaller banks, which expands on the existing EU regimeintroducing a European governance mechanism that takes a holistic v...
The 3rd Strategic Retreat of the Board of Directors (“Board”) took place on December 2, 2025, at the NDB Headquarters, focusing on matters related to the Bank’s General Strategy for 2027-2031 and Independent Evaluation.On December 4-5, 2025, the Board convened its 49th Meeting at the Bank’s Headquarters in Shanghai, China.Funding and Treasury...
Jeddah, Kingdom of Saudi Arabia, 10 December 2025 – The Islamic Development Bank (IsDB) Group, headquartered in Jeddah, Kingdom of Saudi Arabia, and the New Development Bank (NDB) based in Shanghai, China, have formalized their strategic partnership by signing a Memorandum of Understanding (MoU) to strengthen collaboration on infrastructure and susta...
Governments need to improve access to lifelong learning to narrow skills gaps and ensure everyone is equipped to succeed in today’s labour markets. Socio-economic background remains a major factor in differences in skills, highlighting the need to enhance training opportunities and draw on untapped human potential, according to a new OECD report.The ...
Vienna, Austria, 9 December 2025 - The International Vienna Energy and Climate Forum (IVECF 2026), to be convened on 9–10 April 2026 at Vienna’s Hofburg Palace, comes at a pivotal moment. As the world races to deliver on sustainable development, energy and climate goals, growing concerns over international security and stability emph...
New York – The Government of Austria has renewed its partnership with the United Nations Development Programme, through a significant contribution of 1,219,000 EUR in core resources. This renewed collaboration comes at a time when global cooperation is more crucial than ever. The support will enable UNDP to accelerate sustainable development progress...
国际货币基金组织上海中心开业仪式今天（12月8日）举行。十二届全国政协副主席、中国人民银行原行长周小川作主旨演讲。中国人民银行行长潘功胜、上海市市长龚正、国际货币基金组织总裁格奥尔基耶娃致辞并揭牌。继续与上海市和国际货币基金组织一道，全力支持上海中心的建设与发展潘功胜说，习近平主席今年9月提出全球治理倡议，呼吁汇聚团结力量，践行多边主义，注重行动导向，推动构建...
WTO members have injected renewed energy into the agricultural negotiations by tabling seven new submissions in the negotiating body on agriculture, the Special Session of the Committee on Agriculture, ahead of the organisation's 14th Ministerial Conference (MC14) in March 2026 in Yaoundé, Cameroon. At meetings of the body on 8 December, members empha...
Independent experts shine a new light on ways to complement traditional economic measures with metrics that reflect human wellbeing, inclusiveness and sustainability.Default image copyright and description© Shutterstock/R.M. Nunes | A fishing village in Myanmar.Recently at the World Summit for Social Development 2025, the UN Secretary-General’s High...
On December 4, 2025, the New Development Bank (NDB) successfully issued a three-year RMB 3 billion Panda bond in the China Interbank Bond Market priced at a coupon rate of 1.88%.The issuance attracted both domestic and international investors, including official institutions such as central banks. The strong investor appetite reaffirmed NDB’s standing as ...
