...As government officials from Brazil, Russia, India, China and South Africa wrapped up proceedings in Shanghai for the first Annual Meeting of the BRICS New Development Bank (NDB), development and environmental groups from BRICS countries called for greater transparency and engagement with civil society as a cornerstone for sustainable development.

...Inside and outside the meetings, civil society groups stressed the need for the New Development Bank to set the parameters for the sectors and types of investments it will make in order to ensure that those investments support sustainable development. 

...Groups raised concerns that the NDB has already approved investments in each of its member countries..., yet it is not clear what controls exist to anticipate and deal with social and environmental impacts...