Development Banks and Safeguards

Development Banks and Safeguards

The fast growth of economies such as Brazil, India, China and South Africa made them not only highly competitive and attractive for international investment, but also allowed them to expand their investment and development initiatives abroad. Although offering great investment opportunities in a new economic and financial scenario, socio-environmental risks and the challenges to democratic governance are important concerns.

 

In fact, since the 1990s, socio-environmental risks have been gradually associated with investment decisions. Financial institutions, Development Finance Institutions and Private Sector Banking Institutions were recognized as key institutions that have a positive or negative impact on social environmental protection. This scenario points to the necessary investigation of the ways in which socio-environmental standards are incorporated by the emerging international financial institutions as well as by other financing mechanisms for development.

 

 

Therefore, the BRICS Policy Center in partnership with the Mott Foundation launched the project “Strengthening the Safeguards of New Development Banks” (“Fortalecendo as Salvaguardas dos Novos Bancos de Desenvolvimento”). The project aims to investigate the transformations of socio-environmental protection mechanisms promoted by the new financial institutions, in particular, and their impact on development financing mechanisms in general.

Built from this project results China’s Development Finance is a webpage where the user can find information and analysis about China’s foothold within the FfD field.

Toolboxes

Check below for updated information on national and multilateral investment banks, and interregional mechanisms.

National Banks

Multilateral Banks

Interregional Arrangements

Publications

The China-Arab states Cooperation forum (CASCF)

This factsheet is an updated version of the factsheet “Development Banks in the BRICS Countries”, published in 2013 by the BRICS Policy Center and Ibase.

BNDES

This factsheet is an updated version of the factsheet “Development Banks in the BRICS Countries”, published in 2013 by the BRICS Policy Center and Ibase.

The China Development Bank

This factsheet is an updated version of the factsheet “Development Banks in the BRICS Countries”, published in 2013 by the BRICS Policy Center and Ibase.

The Russian Bank for Development and Foreign Economic Affairs (Vnesheconombank)

This factsheet is an update version of the Factsheet “Development Banks in the BRICS Countries”, published in 2013 by the BRICS Policy Center and Ibase.

Development Bank of Southern Africa

This factsheet is an update version of the Factsheet “Development Banks in the BRICS Countries”, published in 2013 by the BRICS Policy Center and Ibase.

Forum for Economic and Trade Cooperation between China and Portuguese-Speaking...

This fact sheet outlines an overview about the Forum for Economic and Trade Co-operation between China and Portuguese-Speaking Countries (Forum Macao).

New Development Bank (NDB)

The bank aims at mobilizing investments towards infrastructure projects and sustainable development in the BRICS and other developing countries.

Asian Infrastructure Investment Bank (AIIB)

The China-led initiative aims to foster sustainable development and promote regional cooperation and partnership in addressing common development challenges in Asian countries.

The BRICS and the New Development Bank

This Policy Brief discusses the process of the creation of the NBD, its significance for financing development, and finally its effects.

The Forum on China-Africa Cooperation (FOCAC)

This fact sheet outlines the international cooperation between China and certain African states as a result of the Forum on China-Africa Cooperation (FOCAC).

The China-CELAC Forum

This fact sheet outlines the increasing presence of China in Latin America and the cooperation between China and the newly found China-CELAC forum, as a way to enhance South-South cooperation.

The New Multilateral Development Banks and Socio-environmental Safeguards

By analyzing three sets of socio-environmental policies and safeguards recently disclosed by the two new MDBs noted above and by the World Bank, which just presented a revision of its...

The New Multilateral Development Banks and Socio-environmental Safeguards

The creation of new multilateral development banks (MDBs), such as the New Development Bank, created by members of the BRICS countries in 2014, and the Asian Infrastructure Investment Bank, created...

The BRICS Development Bank: A New Tool for South-South Cooperation?

The Policy Brief presnets the current structure for development financing, pointing to the potential influence of the New Development Bank (NBD) on the BRICS South-South cooperation relations.