The Nd3+/Yb3+ co-doped borosilicate glasses are fabricated by using a conventional melt quenching technique in air atmosphere. The Spectroscopic properties of 1.0μm emission in Nd3+/Yb3+ co-doped borosilicate glasses are investigated under 808nm excitation. The luminescence decay curves show a nonexponential character, the energy transfer microscopic parameters and transfer efficiencies are calculated. Results indicate that the energy transfer takes place via nonradiative electric dipole–dipole processes and is enhanced with the concentration of Nd3+ donor ions. The glass co-doped with 0.5mol% Nd2O3 and 2mol% Yb2O3 has a large microscopic parameters 100×10−40cm6s−1, high transfer efficiencies 73.58% and long fluorescence lifetime 0.3ms at 1020nm, which is of great potential as a candidate material in the development of multiple-pump-channel Yb3+ fiber lasers.