The correct answer is: A. Funding Infrastructure projects in emerging economics for sustainable development.
The BRICS New Development Bank (NDB) is a multilateral development bank established by the BRICS countries (Brazil, Russia, India, China, and South Africa) in 2014. The NDB’s mission is to promote sustainable development through infrastructure investment in emerging economies. The NDB has a capital base of $100 billion and has approved loans for projects in a variety of sectors, including energy, transportation, water and sanitation, and urban development.
Option B is incorrect because the NDB does not fund non-infrastructure projects. Option C is incorrect because the NDB does not fund infrastructure projects in developed countries. Option D is incorrect because the NDB does not fund infrastructure projects in BRICS countries only.