New Development Bank Engages With Representatives of Civil Society and Non-Governmental Organizations

The New Development Bank’s meeting with the representatives of civil society organizations, non-governmental organizations and academia took place in Shanghai on 25-26 October 2017. This event continued a dialogue started in 2016 during the NDB First Annual Meeting in Shanghai.
The consultations were attended by more than 30 experts and activists interested in BRICS and the NDB, members of the Bank’s top management including the NDB President Mr. K.V.Kamath and staff from various divisions of the NDB.
The event was aimed at improving mutual understanding between the parties, sharing experience and comments on the Bank’s policy documents as well as developing mechanisms for continuing an ongoing constructive dialogue.
During the meeting, the participants discussed such questions as the Bank’s transparency, accountability and access to information, the Bank’s policies, environmental and social management, gender aspects of operations, the NDB’s General Strategy: 2017-2021, sustainable development, exchange of knowledge as well as other issues.
The event was participated by the representatives of ActionAid India, AFRODAD, BRICS Feminist Watch, Center for African, Latin American and Caribbean Studies at O.P. Jindal Global University (India), Chinadialogue, Coalition for Human Rights in Development, Conectas, Fudan University, Gender Action, Global Environmental Institute, Green Watershed, Greenovation Hub, Greenpeace East Asia, INESC, Landesa/Rural Development Institute, Oxfam, South-South Cooperation Research and Policy Centre, Vasudha Foundation.
The parties agreed to continue dialogue and expand further civil society engagement with the Bank.
The NDB is committed to enhancing its accountability and recognizes the importance of regular communications with representatives of civil society and non-governmental organizations.