In Short : At the BRICS Environment Ministers’ meet in Brazil, India showcased a 4,000% surge in solar capacity over the past decade and reaffirmed its Paris goals achievement. It strongly advocated for scaled-up, predictable climate finance to support developing nations. The BRICS bloc urged wealthy countries to increase concessional funding and backed reforms in […]
A Witwatersrand University School of Governance lecturer said that Covid-19 showed the problems of patents and vaccine nationalism that BRICS should address. After Covid-19 exposed some challenges bedeviling the BRICS countries, there is a need to re-examine its strategies and integrate and expand its scope, said South African experts at the webinar “South Africa and […]
Preamble We, the Ministers of Energy and Heads of Delegations of the Federal Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa virtually met at the Sixth Meeting of the BRICS Energy Ministers under the Presidency of the Republic of India on 2ndSeptember2021. […]
New Development Bank (NDB) on Wednesday stressed on alignment with the BRICS Business Forum, which would underscore further potential in collaborating with businesses. NDB has been set up by Brazil, Russia, India, China and South Africa (BRICS) to mobilise resources for infrastructure and sustainable development projects in the bloc and other economies, as well as […]
New Delhi : The BRICS Chamber of Commerce & Industry organized a webinar on Future of Energy Innovation: an Interactive Session on Renewable Energy and Energy Efficiency on July 16, 2021, 5:30 PM IST virtually. In line with the BRICS 2021 Agenda, the BRICS Chamber of Commerce & Industry evaluated the sustainability factor of renewable […]
New Delhi : As the BRICS leaders’ summit starts in Brazil, a first-of-its-kind report on Wednesday brought together data on both revenues and subsidies related to fossil fuels. In India, revenues from fossil fuels stand at 17.8 per cent, compared to 4.2 per cent in China. The report — ‘Beyond fossil fuels: Fiscal transition in […]