New Financing Options for Coal Power Plants through the BRICS ‘New Development Bank’
Breaking Energy 2014-07-31
Summary:
The leaders of Brazil, Russia, India, China and South Africa (known as the BRICS) recently met to launch a newly-created international fund called the New Development Bank (NDB). The BRICS represent roughly a fifth of the world economy and 40 percent of the global population. The NDB will have an initial capital pool of $50