Abstract
Climate change has emerged as one of the discussions where more is discussed and very less is implemented. People wait for actions to be taken by the government or multilateral organizations but seldom do they capture the developments going on. Several initiatives have been taken by individual countries as well as countries forming groups or conglomerates to tackle the challenges of climate change. This is true for BRICS as well. BRICS countries share the idea of climate protection but are sceptical of the policies passed by developed countries. BRICS as a forum of developing countries challenging the status quo of climate change policies has emerged to formulate its own climate change policies and initiatives in the light of BRICS discussions. The present study is aimed to capture the BRICS climate change policies and initiatives with a descriptive approach.
Highlights
The history of economic thought can be divided into two streams as we see it from the present
Studying past as past and studying past from present are two different approaches. While the former is general, the latter is specific. When this is applied to economic thought that has culminated in the 21st century, two diametrically opposite approaches appear
Climate change policies for BRICS can be divided into two parts on the basis of chronology.Those that were followed by BRICS countries individually before the inception of BRICS and those that are the outcome of BRICS summits with respect to climate change
Summary
The history of economic thought can be divided into two streams as we see it from the present. Studying past as past and studying past from present are two different approaches While the former is general, the latter is specific. The objective of BRICS apart from economic association was to challenge the international economic environment dominated by developed countries, at times ignoring the notions of developing and underdeveloped countries. The usage of the term “climate change” has a specific connotation for the 20th and 21st century It refers to a negative scenario where climate patterns are altering over a long period of time with the causal evidence of carbon emissions. The study is focused on discussing BRICS climate change issues and the trends in carbon emissions
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