The chairmanship of the forum is rotated annually among the members, in accordance with the acronym B-R-I-C-S.The BRICS brings together five of the largest developing countries of the world, representing 41% of the global population, 24% of the global GDP and 16% of the global trade.South Africa was invited to join BRIC in December 2010, after which the group adopted the acronym BRICS.The grouping was formalised during the first meeting of BRIC Foreign Ministers’ in 2006.In 2001, the British Economist Jim O’Neill coined the term BRIC to describe the four emerging economies of Brazil, Russia, India, and China.
BRICS is an acronym for the grouping of the world’s leading emerging economies, namely Brazil, Russia, India, China, and South Africa. Further, the countries agreed to carry out policy exchanges and cooperation in areas of environment and climate change. BRICS Environment Ministers expressed commitment to strengthen collaboration on climate change and broaden and deepen the contents of cooperation. BRICS nations expressed optimism towards the delivery of climate finance as per the Glasgow decision and the Climate Finance Delivery Plan released by the COP 26 Presidency. Ambitious implementation of climate actions by developing countries is contingent on the ambitious and adequate delivery of climate finance, technology transfer, and other implementation support, as mandated by the United Nations Framework Convention on Climate Change (UNFCCC)and the Paris Agreement. India has progressively continued decoupling economic growth from greenhouse gas emissions. India is today leading by example by taking several robust steps in the field of renewable energy, sustainable habitats, creation of carbon sinks through additional forest and tree cover, transition to sustainable transport, E-mobility, mobilizing the private sector to make climate commitments, etc. India underscored its commitment to strong climate action including the promotion of sustainable lifestyles based on mindful consumption and reduction of waste. 
The Meeting was chaired by People's Republic of China and was attended by Environment Ministers of BRICS nations including Brazil, Russia, India and South Africa.Recently, the Union Minister of Environment, Forest and Climate Change participated in the BRICS high-level meeting on Climate Change where he highlighted the relevance of the forum to jointly address climate change, to explore approaches to accelerate low-carbon and resilient transition, and to achieve sustainable recovery and development. For Prelims: Climate Change, BRICS, COP 26, UNFCCC, Paris Agreementįor Mains: Issues of climate change and various international conventions Why in News?
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