What question did this study set out to answer?

This research aims to examine the link between energy supply and development goals among BRICS nations.

May 24, 2026Open Access

Nexus between energy and development: the case of BRICS

Key Points

This research aims to examine the link between energy supply and development goals among BRICS nations.
Examined the agendas of BRICS summits, particularly the Sixth Summit in Brazil in 2014.
Analyzed the establishment of the BRICS Development Bank and the Energy Association.
Reviewed financial and energy security issues discussed by BRICS members.
BRICS countries emphasize energy security as essential for achieving development goals.
Financial and energy security are prioritized in BRICS initiatives like the New Development Bank.
Formation of the BRICS Energy Association underscores the cooperation on energy matters.

Abstract

As developing nations, BRICS countries have similar development objectives. The security of the supply of energy is thus imperative for all BRICS countries to realise their development objectives. This has been reiterated in all BRICS summits. During the Sixth BRICS Summit, held in Brazil in 2014, the delegates from the BRICS countries highlighted that financial and energy security were the main agenda on the BRICS development trajectory. Accordingly, the member countries saw it necessary to establish the BRICS development bank (New Development Bank) and BRICS energy association.

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