8th BRICS Environment Ministers Meeting

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The Union Minister for Environment, Forest and Climate Change, Bhupendra Yadav participated in the 8th BRICS Environment Ministers' Meeting on 20 May.

• The meeting was held virtually under the chairmanship of the People's Republic of China.

• Ministers and representatives of Brazil, Russia and South Africa also participated in the meeting.

• The theme of the meeting - 'Foster High-Quality BRICS Partnership, Usher in a New Era for Global Development'.

• The Joint Statement of the 8th BRICS Environment Ministers' Meeting was also accepted in the meeting after extensive deliberations among the BRICS countries.

• About BRICS

• The full form of BRICS is Brazil, Russia, India, China, and South Africa.

• Goldman Sachs economist Jim O'Neill coined the term BRIC (without South Africa) in 2001.

• He claimed that by 2050, the four BRIC economies would dominate the global economy by 2050.

• South Africa was included in the list in 2010.

• The presidency of the Forum is rotated annually among the members.

• BRICS accounts for about 40% of the world’s population. 

• It accounts for 30% of the world's GDP (Gross Domestic Product).