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BRICS bank and Chinese lenders agree on $167M loan for China’s environmental projects.
The BRICS New Development Bank has signed a 1.2 billion yuan ($167 million) loan agreement with Chinese banks to fund environmental projects in China, focusing on areas like wastewater treatment and waste management.
The NDB will contribute over 713 million yuan, while the Bank of China adds 500 million yuan.
The funds aim to support less-developed regions and align with China's environmental goals.
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El banco BRICS y los prestamistas chinos acuerdan un préstamo de $167M para los proyectos ambientales de China.