StatementCondolences on the Passing of His Holliness Pope Francis

The New Development Bank expresses its profound sorrow at the passing of His Holiness Pope Francis.

Pope Francis was a moral leader of global stature. He stood as a beacon of compassion, dialogue, and justice, offering guidance to believers and non-believers alike in a world facing complex and interrelated challenges.

Born in Buenos Aires, Argentina, Pope Francis became the first pontiff from the Global South and the first non-European Pope in more than a millennium.

Throughout his pontificate, Pope Francis championed the dignity of the poor, the preservation of our planet, and the imperative of building a more fraternal, multilateral and inclusive world. His encyclicals Laudato Si' and Fratelli Tutti shaped global conversations on sustainable development, environmental consciousness, and social justice. He consistently advocated for cooperation, equitable economic models, and solidarity across borders.

His call for an integral approach to development and his tireless efforts to bring people together across cultures and beliefs will remain an enduring source of inspiration.

At this time of mourning, the New Development Bank extends its sincere condolences to his family, to the people of Argentina, and to the large community of believers and non-believers that share the values of Pope Francis - justice, care for the vulnerable, and responsibility for future generations. We honor his legacy with respect, gratitude, and a renewed sense of purpose in the service of humanity.

May he rest in peace.