Abstract
BRICS is the most prominent organisation to have emerged in the non-Western sphere in the post-Cold War period. It has crystallised into a formal institution and has begun to play a crucial role in global governance. It has become a visible entity that is increasingly making a mark in global investments, sustainable development, trade negotiations, climate change talks and deliberations on terrorism. The paper focusses on one generic question and three specific questions: First, what purpose does BRICS serve in global governance? Second, has the New Development Bank emerged as a credible source of financing for developing economies? Third, what role has BRICS played in climate change negotiations? And finally, what steps does BRICS take to counter the menace of global terrorism?
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