The Energy Ministers of BRICS, a group of the world economies comprising Brazil, Russia, India, China and South Africa have resolved to significantly increase efforts to ensure access to affordable, reliable, sustainable and modern energy.
The group resolved this during the 8th Annual Meeting in Johannesburg, South Africa, last Friday.
The resolution is given to the 733 million people who lack access to electricity globally, a statement from the Department of Mineral Resources and Energy, South Africa, said.
According to the statement, BRICS Energy Ministers believe that an inclusive, diverse and holistic approach to energy mix is important to achieve sustainable energy supply while averting potential future disruptions in the sector.
“Deliberations at the Ministers’ meeting focused on programmes and initiatives that seek to promote cooperation, growth and sustainable development of the member states’ energy sector. These include enhancing energy security, advancing universal access to energy, minerals for energy transitions and research and technological cooperation,’’ the statement said.
On energy security, the BRICS countries intend to pursue balanced and economically sound energy policies based on their respective national circumstances, plans and priorities, building up capacities to safeguard the energy supply.
On minerals for energy transitions, BRICS Energy Ministers undertook to exchange best practices and standards in the development and beneficiation of minerals in the country of origin that have been identified as critical for clean energy sources and technologies.
Furthermore, the delegates committed to exploring various technologies and new materials that are central to global energy transitions and carbon reduction.
In this regard, BRICS would leverage the existing, as well as new and emerging energy technologies.
Source: https://energynewsafrica.com