The North American Development Bank (NADB) is a binational financial institution capitalized and governed equally by the United States and Mexico for the purpose of financing environmental infrastructure necessary for a clean and healthy environment for residents along the border. On November 10, 2017, the merger of NADB and the Border Environment Cooperation Commission (BECC) was completed by amendments to the Charter. While the environmental mandate and geographic jurisdiction of the merged institution remain unchanged, the integration of the functions of BECC into NADB strengthens its ability to carry out its mission.