To date, however, the BRICS as an entity have not articulated a common position on sustainable development, the related Sustainable Development Goals in a post-Millenium Development Goal world, or indeed what their definition of this concept might be.
Click here for photos from the event or read a Xinhua article on the event, 'High expectations as BRICS New Development Bank to open African branch.'
It is vital that the development of the Bank’s concept of sustainable development is an inclusive process, which takes careful account of the needs of the African continent, including soliciting citizen input on questions of development finance policy and priorities. Such an inclusive approach would immediately begin to differentiate the bank from its more traditional competitors.
To this end, SAIIA and Oxfam have reviewed the perspectives of a broad range of stakeholders in South Africa on how South Africa should define sustainable development, including what the key elements/ characteristics of sustainable development projects are; and what projects the Bank should support/ fund from a South African perspective. The study and findings were presented at this Roundtable, 2 March 2016.
Date: Wednesday, 2 March 2016
Time: 11h00 – 15h00 (with light lunch)
Venue: SAIIA Hall, Jan Smuts House, East Campus, University of the Witwatersrand
11:30-11:45 Welcome: Marianne Buenaventura Goldman (Governance Advisor, Oxfam)
11:45-12:30 Presentation on Sustainable Development and the BRICS’ NDB
Talitha Bertelsmann-Scott, Cyril Prinsloo and Canelle Friis
(Economic Diplomacy Programme, SAIIA)
12:30-13:30 First Respondent
Juana Hatfield (Senior Strategist, Development Bank of Southern Africa)
(Attorney: Business and Human Rights; Centre for Applied Legal Studies, Wits)
David Kode (Senior Policy and Research Officer, CIVICUS)
14:00-15:00 Open discussion