Latest news with #GlobalSouthCooperation
Business Standard
23-05-2025
- Business
- Business Standard
India calls for dismantling of export controls among BRICS members
The 15th BRICS Trade Ministers Meeting was held on 21st May 2025 under the Presidency of Brazil, with the theme, Strengthening Global South Cooperation for More Inclusive and Sustainable Governance. India used the platform to oppose export controls among BRICS members, encouraging mutual support within the bloc. As India prepares to assume the BRICS Presidency in 2026, it commended the solution-oriented approach of the Brazilian Presidency in addressing critical trade issues.
Business Standard
20-05-2025
- Politics
- Business Standard
India reaffirms unwavering commitment to building a sustainable and inclusive energy future
Manohar Lal, Union Minister for Power and Housing and Urban Affairs led the Indian Delegation for the BRICS Energy Ministers' Meeting hosted in Brasília on 19 May 2025 under Brazil's Presidency. The Union Minister highlighted energy security as one of the most pressing current challenges and emphasized the need to strengthen BRICS cooperation to ensure economic stability and sustainability, as well as to promote equitable access to energy resources globally. He reaffirmed India's unwavering commitment to building a sustainable and inclusive energy future and lauded Brazil's leadership under the theme, 'Strengthening Global South Cooperation for More Inclusive and Sustainable Governance.' He further emphasized the critical role of energy security, access, and affordability in advancing global development goals.
Hans India
20-05-2025
- Business
- Hans India
India committed to building a sustainable, inclusive energy future: Manohar Lal
New Delhi: India has highlighted energy security as one of the most pressing current challenges, emphasising the need to strengthen BRICS cooperation to ensure economic stability and sustainability, as well as to promote equitable access to energy resources globally, the government said on Tuesday. At the BRICS Energy Ministers' Meeting hosted in Brasília, Union Minister for Power and Housing and Urban Affairs, Manohar Lal, reaffirmed India's unwavering commitment to building a sustainable and inclusive energy future and lauded Brazil's leadership under the theme, 'Strengthening Global South Cooperation for More Inclusive and Sustainable Governance.' He further emphasised the critical role of energy security, access, and affordability in advancing global development goals. Manohar Lal also showcased India's rapid progress in clean energy, like 90 per cent increase in electricity capacity over the past decade, reaching 475 GW in 2025 and targeting 900 GW by 2032 and becoming the world's third-largest producer of solar and wind energy. India is marching fast towards achieving Nationally Determined Contributions (NDCs), along with achieving a 20 per cent ethanol blending milestone, thus advancing biofuel adoption and emissions reduction. The country is investing in smart grids, advanced metering infrastructure, and an expanded transmission network, including the Green Energy Corridor, informed the minister. India has set ambitious goals for green hydrogen and nuclear energy, including a 100 GW nuclear capacity target by 2047. Manohar Lal also emphasised the role of the Global Biofuels Alliance in advancing cooperation in the biofuels sector and underscored India's commitment to energy efficiency through innovative programs such as the Energy Conservation Sustainable Buildings Code, rooftop solar initiatives, and efficient appliance standards. He underscored the vital role of fossil fuels in the global energy mix —especially for developing countries — and urged greater cooperation to promote their cleaner and efficient use through technologies such as coal gasification, carbon capture and storage, and green chemical innovations. Manohar Lal extended an invitation to the BRICS nations to participate in the next BRICS energy gathering, scheduled for 2026 in India, reaffirming the country's commitment to leading the energy agenda for the Global South.
Business Standard
17-05-2025
- Business
- Business Standard
India to participate in BRICS Energy Ministers meeting in Brazil
Union Minister of Power and Housing & Urban Affairs, Manohar Lal, has embarked on an official visit to Brazil to attend the BRICS Energy Ministers Meeting scheduled for 19th May. Under the theme Empowering Global South Cooperation for Inclusive and Sustainable Global Governance, the Minister will engage in discussions with Energy Ministers of BRICS nations on crucial issues such as energy security, accessibility, affordability, and sustainability. India, in this meeting, will showcase its achievements over the past decade, including a 90% increase in power capacity, leadership in renewable energy, green hydrogen, and biofuels, as well as innovations and sustainable development in the energy sector. The country will also reaffirm its commitment to ensuring equitable access to energy and accelerating the energy transition.
