Sustainable Energy Development in Emerging Economies: A Study on BRICS

Abstract

Sustainable energy like renewable energy plays a critical role in achieving sustainable development goals including energy security in emerging economics. BRICS (Brazil, Russia, India, China and South Africa) constitutes about 23% of the world’s GDP, 40% of the world’s population and 36% share of the supply of primary energy in the world. Obviously the Bloc has tremendous potential in influencing the global sustainable clean energy transition with the advantages like lowering the costs of renewable, boosting employment in the sector of green energy, enhancement of energy security and improvement of local air quality. Despite the existence of varieties of renewable energy resources in the BRICS economies, renewable energy resources are found underdeveloped. The major objectives of this chapter are to assess progress of different forms of energy especially renewable energy, impact of development of renewable energy on carbon emission and policy issues in renewable energy development in the context of sustainable energy development of BRICS countries.

Citation

Jana, S.K. (2022), "Sustainable Energy Development in Emerging Economies: A Study on BRICS", Chakraborty, C. and Pal, D. (Ed.) Environmental Sustainability, Growth Trajectory and Gender: Contemporary Issues of Developing Economies, Emerald Publishing Limited, Leeds, pp. 23-35. https://doi.org/10.1108/978-1-80262-153-220221002