Mar 29, 2016

South Africa civil society critizes NDB for lack of transparency and social and environmental standards

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With the BRICS New Development Bank set to open its regional office in Johannesburg and approve its first set of projects for financing in the next weeks, South African civil society groups raise concerns about lack of transparency or consultation with potentially affected communities. The NDB has yet to put in place a social and environmental policy framework.  “I’m also concerned that people who would be affected by those particular projects won’t be given the opportunity to be heard on those projects… People should not only be involved in the project once it commences, but also in the determination of the projects. So if these projects have already been decided and are going to be funded within the second quarter of the year, is there really any scope for any kind of consultation with affected communities,” said Nomonde Nyembe from the University of Witwatersrand’s Center for Applied Legal Studies. See the coverage here.