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1. The New Development Bank’s Contribution to the Energy Transition Process in the BRICS Countries (2016-2023)

Author:
Maria Elena Rodriguez, Rafaela Mello Rodrigues de Sá, Octávio Henrique Alves Costa de Oliveira, and Renan Guimarães Canellas de Oliveira
Publication Date:
12-2026
Content Type:
Policy Brief
Institution:
BRICS Policy Center
Abstract:
Considering the growing relevance of the Multilateral Development Banks (MDBs) in the task of financing the global energy transition process, it is important to understand the efforts of these institutions to establish projects aimed at reducing carbon emissions in the most diverse sectors of the economy, and especially in the energy sector. This document looks specifically at the role that the New Development Bank (NDB) plays in this process, presenting an overview of its loan portfolio and targets in terms of contributions to the energy transition process. The NDB, also known as the BRICS Bank, stands out in its institutional strategies in the area of Clean Energy, one of its operational objectives, setting a target for the year 2026 of directing 40% of all its financing to projects aimed at climate change, including operations that contribute to the energy transition (NDB, 2022a, p. 28).
Topic:
Development, Banks, BRICS, Energy Transition, and Multilateral Development Banks (MDBs)
Political Geography:
Russia, China, Iran, Indonesia, India, South Africa, Brazil, Ethiopia, Egypt, and United Arab Emirates

2. How Has South Africa’s Membership of BRICS Intensified Uneven and Combined Development in the Country and Beyond?

Author:
Sinan Baran
Publication Date:
06-2024
Content Type:
Journal Article
Journal:
Uluslararasi Iliskiler
Institution:
International Relations Council of Turkey (UİK-IRCT)
Abstract:
The recent African scramble has resulted in uneven and combined development (UCD) in Sub-Saharan Africa (SSA) throughout the 21st century due to unequal exchange. South Africa plays a sub-imperial role in this scramble in SSA. It both exploits and is exploited. The mining industry in South Africa has attracted interest from colonial powers, English-speaking businesses, and foreign investors, making it a highly lucrative sector. Furthermore, most black South Africans have been employed in the mining industry since the late 19th century. Over the past 25 years, the African National Congress government has utilised the mining industry to achieve economic transformation through black economic empowerment policies. This study proposes that the mining sector in South Africa is responsible for the ongoing UCD, despite receiving new investments and empowerment policies. South Africa’s inclusion in BRICS has broadened its range of international partners beyond its traditional Western or African counterparts. However, South Africa’s decision to join the BRICS group in 2011 has not yet yielded the expected transformation in the country’s economy and growth. As a result, it is uncertain whether South Africa’s BRICS membership has addressed the country’s persistent problem of UCD. This study argues that South Africa’s BRICS membership has exacerbated UCD in the country. This study proposes that Trotsky’s UCD analytical framework is useful for analysing South Africa’s policy choice to join BRICS, which strengthens its sub-imperial role.
Topic:
International Relations, Development, Mining, Industry, BRICS, Economic Transformation, Unequal Exchange, Sub-imperialism, and Transnational Capital
Political Geography:
Africa and South Africa

3. From Paper to Practice: Enhancing Integrated Development Plans to Improve Governance

Author:
Stuart Morrison and Pranish Desai
Publication Date:
03-2024
Content Type:
Policy Brief
Institution:
Good Governance Africa (GGA)
Abstract:
Planning, Monitoring and Evaluation (PME) systems play an important role in ensuring that South Africa’s municipalities are able to effectively fulfil their core mandate of service delivery. One central component of this system is the Integrated Development Plan (IDP), a strategic framework used for several functions, including guiding key priorities and providing a roadmap for effectively delivering public services. However, even though most municipalities consistently submit IDPs, the quality of service delivery, especially amongst municipalities that have Water Services Authority responsibilities, is uneven. This raises the questions around which factors are more influential in determining effective service provision, and why they are lacking in dozens of municipalities. Using Good Governance Africa’s 2024 Governance Performance Index (GPI), this policy briefing provides a range of stakeholders with consolidated insights into how these issues can be addressed.
Topic:
Development, Governance, Services, Planning, Monitoring, and and Evaluation (PME)
Political Geography:
Africa and South Africa

4. Reversing the resource curse: Advancing good natural resource governance for inclusive growth and sustainable development in Southern Africa

Author:
Sikhululekile Mashingaidze and Stephen Buchanan-Clarke
Publication Date:
02-2024
Content Type:
Special Report
Institution:
Good Governance Africa (GGA)
Abstract:
The International Energy Agency’s Medium-Term Gas Outlook in late 2023 notes that “Africa accounted for nearly 40% of new natural gas discoveries globally in the past decade, mainly in Mozambique, Mauritania, Senegal and Tanzania. However, socio-political instability and security issues make Africa a high-risk environment for the gas industry. This results in a gap between the potential and the actual gas production projects under development.” Nonetheless, the Agency forecasts natural gas production growth of 10% (higher than current levels) by 2026. It had only grown by 2.5% from 2011 to 2021, and currently accounts for roughly 6% of global production.1 Asian and Middle Eastern markets’ demand will continue2 while African governments will bet on Liquefied Natural Gas (LNG). In the longer term, it is critical to phase out fossil fuels due to their exacerbation of global warming and health and environmental risks. Given the imperative for lowercarbon growth trajectories, demand for oil, gas, and coal will likely peak in 2024. Governments and mining investors’ negotiations and contracts should safeguard local populations through ecologically sensitive, responsible mining. Communities’ voices are critical to decision-making from project inception to ensure revenues usher in broad-based growth and increased domestic energy security. In 2022, Good Governance Africa (GGA), with support from the Southern Africa Trust (SAT), explored critical issues surrounding LNG exploration and development in Southern Africa in the context of climate change.3 This intelligence report is a consolidation of key lessons from these LNG projects’ impact on local communities in Mozambique’s Cabo Delgado; South Africa’s Eastern Cape, and Zimbabwe’s Cabora Bassa Basin. Together, these three cases illustrate both the promise and perils of LNG mining in Africa.
Topic:
Development, Natural Resources, Economic Growth, Sustainability, and Inclusion
Political Geography:
Africa and South Africa

5. Climate Change Act and the role of local government

Author:
Busisipho Siyobi
Publication Date:
11-2024
Content Type:
Policy Brief
Institution:
Good Governance Africa (GGA)
Abstract:
South Africa’s response to addressing climate change has come full circle with the passing of the Climate Change Act1 in July 2024. This breakthrough comes at a time when South Africa is warming by approximately 0.2°C per decade2 , contributing to climate impacts ranging from extreme heat and drought to sea level rise and flooding. The results of these extreme weather events have been devasting to livelihoods and, subsequently, socio-economic development, which have been worsening over the years. The Climate Change Act is a significant step, as it shows progression and commitment to advance South Africa’s climate resilience, and to see it through achieving a just energy transition. However, the success of the overall climate change response is only as strong as its implementation. This policy briefing will assess the Act and provide a roadmap on how it can be effectively operationalised to achieve its mandate.
Topic:
Climate Change, Development, Resilience, and Local Government
Political Geography:
Africa and South Africa

6. MIT X TAU Series: Africa’s New Activists

Author:
Busisiwe Seabe and Claude Grunitzky
Publication Date:
05-2023
Content Type:
Video
Institution:
MIT Center for International Studies
Abstract:
The fourth webinar in the third annual webinar series focused on various aspects of sustainable development in Africa. Featuring: Busisiwe Seabe is a social justice activist in South Africa and a co-founder of the #FeesMustFall movement.
Topic:
Development, Social Justice, and Activism
Political Geography:
Africa and South Africa

7. Climate Change and Trade to the EU Priority Sectors for Policy Intervention in South Africa

Author:
Jason F. Bell, Sumayya Goga, and Nishal Robb
Publication Date:
07-2023
Content Type:
Policy Brief
Institution:
Centre for Business and Development Studies (CBDS), Copenhagen Business School
Abstract:
The deepening climate crisis has resulted in countries instituting a range of measures to curb emissions. The European Union (EU) has the most advanced climate policies, captured under the umbrella of its European Green Deal (EGD). While many of the measures being implemented impact countries within the EU, the measures are expected to impact Europe’s trading partners. The impacts on trading partners is occurring through changing regulations and policies such as the Carbon Border Adjustment Mechanism (CBAM), shifting consumer preferences, and impacts through value chains as a result of changing competitiveness of end products. EGD policies are forcing trading partners to the EU to adjust and decarbonise production processes, measure and report on emissions and other sustainability criteria, and, in some cases, even transform sectors to retain market share (the move towards electric vehicles). These policies include, among others, carbon taxes through the CBAM, the move towards electric vehicles in order to curb emissions, and a range of measures within the food sector. Together, these policies bring significant changes in the global trading system and the functioning of value chains. The costs associated with adjusting to these policies are high. Furthermore, these costs need to be borne by developing countries over and above the adaptation costs.
Topic:
Foreign Policy, Climate Change, Development, European Union, and Trade
Political Geography:
Africa, Europe, and South Africa

8. The state of the renewable energy independent power producer procurement programme: Where to from here?

Author:
Busisipho Siyobi
Publication Date:
12-2023
Content Type:
Special Report
Institution:
Good Governance Africa (GGA)
Abstract:
Minister of Electricity, Kgosientsho Ramokgopa, recently briefed South Africa on the progress of the Energy Action Plan and the challenges associated with its implementation. Minister Ramokgopa further remarked on the positive socio-economic impact that the Renewable Energy Independent Power Procurement Programme (REIPPPP) has had on the industry and economy. Over R300 billion has been attracted for infrastructure investment and over 120 independent power producers have been selected as preferred bidders. These success factors indicate great potential for an optimal energy mix, led by renewable energy sources, to be attained. They also highlight opportunities for more private-sector investment. For this potential to be fully maximised, programme design, programme management and market dynamics will be critical to factor in. This report assesses the abovementioned overarching categories and illustrates mechanisms that will be integral to facilitating increased private sector investment into grid-connected renewable energy generation. This will yield efficient management of REIPPPP and further enable improved economic growth and sustainable development.
Topic:
Development, Governance, Renewable Energy, Sustainability, and Energy
Political Geography:
Africa and South Africa

9. Gold in Ghana: A Story of Unbalanced Exchange

Author:
Léonce Ndikumana and William Godfred Cantah
Publication Date:
09-2023
Content Type:
Working Paper
Institution:
Political Economy Research Institute (PERI), University of Massachusetts Amherst
Abstract:
his paper presents the historical and institutional context of the development of the gold sector in Ghana, which sets the stage for examining the contribution of the sector to the economy and its exposure to capital flight. The analysis sheds light on the important role that the regulatory framework and the fiscal regime that govern the gold sector have played in perpetuating a system of unequal distribution of gains from gold exploitation in terms of tax revenue and foreign exchange earnings in favour of foreign gold companies. The statistical analysis of gold export statistics reveals substantial discrepancies between Ghana’s gold exports and the recorded value of imports by its trading partners. These differences point to export underinvoicing as a conduit of capital flight, while also exhibiting a systematic lack of transparency and inconsistencies vis-a-vis established international conventions governing the recording of trade transactions, especially in the case of gold destined for South Africa which does not show up in the latter’s import statistics. Overall, the analysis suggests that the gains from the gold sector remain much below potential, but that at the same time there may be room for reforms that can improve the benefits from gold exploitation for the country.
Topic:
Development, Regulation, Capital Flight, Exchange Rates, and Gold
Political Geography:
Africa, South Africa, and Ghana

10. The Implementation of Sustainability Taxonomies: The Case of South Africa

Author:
Sören Hilbrich, Kathrin Berensmann, Giovanna Artmann, Sam Ashman, and Theresa Herbold
Publication Date:
01-2023
Content Type:
Working Paper
Institution:
German Institute of Development and Sustainability (IDOS)
Abstract:
In recent years, many jurisdictions have developed sustainability taxonomies that aim to increase transparency of financial markets and redirect capital flows to sustainable investments. Such sustainable finance policies can be important levers because today’s investments shape economic production processes for decades. This case study on South Africa’s Green Finance Taxonomy (GFT) addresses the question of what factors influence the adoption of sustainability taxonomies by potential users. It finds that one year after its publication, the GFT has hardly been used in practice. Important factors hindering an effective implementation are a lack of regulatory embedding, the absence of a legal recognition of the GFT by the European Union (EU), a hesitancy among financial market participants to build capacities to collect the necessary data, and fossil-fuel path dependencies in South Africa’s economy. These findings have important policy implications (e.g. regarding accompanying governance measures) for implementation processes in many countries in the coming years.
Topic:
Development, Economy, Capital Flows, Investment, and Sustainability
Political Geography:
Africa and South Africa