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An IMF report has praised Moscow for measures that have helped soften the blow of recession.
An NDB statement said the green bonds will be issued on 18 July with a 5-year tenor to raise funds for clean energy and infrastructure projects.
Weaker demand for oil has meant that companies have to find adequate storage facilities.
Whether the EU should recognize China as a market economy is a politically-charged debate within the 28-member bloc.
With extra liquidity generated by stimulus packages, emerging markets are appearing more lucrative to investors.
"The award is null and void and has no binding force," the Chinese Foreign Ministry said in a statement.
Brexit fears over? Global markets rally on talk of Japan stimulus package.
India and Kenya have signed seven pacts, including in the field of defence and security.
As Prime Minister Narendra Modi seeks new ways to accelerate economic growth, a top economist warns that growth must be inclusive and sustainable.
A major oil exporter, Venezuela's fiscal crisis has been worsened by a political impasse with the opposition.