BASIC group ministerial meeting held at the COP27 in Egypt
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The Ministers of Brazil, South Africa, India and China (BASIC group) met on 15 November 2022 at the 27th Conference of Parties (COP 27) to the United Nations Framework Convention on Climate Change in Sharm el-Sheikh, Egypt.
The meeting was chaired by the South African Environment minister Barbara Creecy and was attended by the Indian Environment minister Bhupendra Yadav, Brazilian Environment minister Joaquim Leite, Chinese special envoy on Climate change XIE Zhenhua.
Currently South Africa is the chairman of the BASIC group and it rotates annually amongst the member countries.
The ministers pledged their full support to the Egyptian COP27 Presidency for a successful conference. They emphasised the principle of common but different responsibilities and respective capabilities, in light of national circumstances.
They expressed concern that the developed countries are not keeping up their promise of providing USD 100 billion per year financial aid to the Developing countries to deal with the adverse effect of climate change. In the 15th Conference of Parties meeting at Copenhagen, Denmark in 2009. The developed countries had promised such aid to the developing countries.
The BASIC Group of countries was formed by India, Brazil, South Africa and China in November 2009 just before the 15th Conference of Parties (COP) meeting at Copenhagen, Denmark in 2009.
The group was formed so as to collectively bargain with the Developed countries on issues such as reduction of greenhouse gasses and need of climate financing.
Brazil, South Africa, India and China together have one-third of the world's geographical area and nearly 40% of the world’s population.
China is the largest emitter of Carbon dioxide in the world and India is the third largest .The United States is the second largest emitter of Carbon dioxide in the world.
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