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The BRICS nations—Brazil, Russia, India, China, and South Africa—have emerged as a formidable economic bloc, wielding substantial influence on the global stage. This paper delves into the pivotal role played by BRICS in steering the world towards sustainable development. By examining the BRICS nations’ collective economic strength, innovative approaches to sustainability, and collaborative efforts, this study provides insights into how they are not only driving their own sustainable development but also contributing significantly to global sustainability. The chapter begins by outlining the economic prowess of BRICS, highlighting their collective GDP, trade volumes, and investment flows. It explores how these nations, characterised by diverse economies and vast populations, have managed to leverage their individual strengths to create a collaborative economic force. This economic synergy is then analysed in the context of advancing sustainable practices. A significant portion of the chapter is dedicated to examining the sustainable development initiatives undertaken by each BRICS nation. From renewable energy investments to climate change mitigation strategies, the study sheds light on the unique approaches employed by each country to address environmental and social challenges. Special attention is given to China’s ambitious green initiatives, India’s renewable energy advancements, Brazil’s efforts to combat deforestation, Russia’s focus on sustainable resource management, and South Africa’s commitment to inclusive and environmentally conscious development. Furthermore, the paper explores the BRICS nations’ collaborative efforts in promoting global sustainability. It surveys joint projects, agreements, and initiatives that showcase their commitment to addressing shared challenges. The New Development Bank (NDB), established by BRICS, is examined as a key mechanism for financing sustainable development projects, reflecting the bloc’s dedication to fostering economic growth with an emphasis on environmental and social responsibility.

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BRICS Economic Powerhouse Driving Global Sustainability

  • 章节

  • 发表日期：

    2025年

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  • S. C. Vetrivel,
  • V. Sabareeshwari,
  • K. C. Sowmiya,
  • V. P. Arun

摘要

The BRICS nations—Brazil, Russia, India, China, and South Africa—have emerged as a formidable economic bloc, wielding substantial influence on the global stage. This paper delves into the pivotal role played by BRICS in steering the world towards sustainable development. By examining the BRICS nations’ collective economic strength, innovative approaches to sustainability, and collaborative efforts, this study provides insights into how they are not only driving their own sustainable development but also contributing significantly to global sustainability. The chapter begins by outlining the economic prowess of BRICS, highlighting their collective GDP, trade volumes, and investment flows. It explores how these nations, characterised by diverse economies and vast populations, have managed to leverage their individual strengths to create a collaborative economic force. This economic synergy is then analysed in the context of advancing sustainable practices. A significant portion of the chapter is dedicated to examining the sustainable development initiatives undertaken by each BRICS nation. From renewable energy investments to climate change mitigation strategies, the study sheds light on the unique approaches employed by each country to address environmental and social challenges. Special attention is given to China’s ambitious green initiatives, India’s renewable energy advancements, Brazil’s efforts to combat deforestation, Russia’s focus on sustainable resource management, and South Africa’s commitment to inclusive and environmentally conscious development. Furthermore, the paper explores the BRICS nations’ collaborative efforts in promoting global sustainability. It surveys joint projects, agreements, and initiatives that showcase their commitment to addressing shared challenges. The New Development Bank (NDB), established by BRICS, is examined as a key mechanism for financing sustainable development projects, reflecting the bloc’s dedication to fostering economic growth with an emphasis on environmental and social responsibility.