Basic countries:
What is a BASIC?
- The four countries’ agreement, which was signed on November 28, 2009, led to the formation of the BASIC group.
- They consist of Brazil, South Africa, India, and China, four sizable newly industrialised nations.
Meaning of the grouping:
- The signatory countries share a same perspective on the need to reduce greenhouse gas emissions and raise the enormous sums of money required to combat climate change.
- The Copenhagen Accord, which was reached with the US-led grouping, included the BASIC countries as one of its parties; the Accord, however, lacked legal force.
- Simply because of the magnitude of the economies and populations of the countries involved, the BASIC group is very powerful.
- Together, Brazil, South Africa, India, and China account for about 40% of the global population and a third of its land mass, and when they speak with one voice, it demonstrates their resolve.
- One of the international alliances fighting climate change and advancing UNFCCC negotiations is BASIC.
To qualify for this grouping:
- The group noted that the IPCC Special Report on 1.5°C, which was published in October of last year, highlights the “high susceptibility of developing countries to the effects of climate change and significant resulting costs of adaptation.”
- It is abundantly obvious from the results of the IPCC Special Report on Global Warming that the effects of an already warming planet are severe, and that the effects at 2°C are catastrophic in comparison to those at 1.5°C. The BASIC ministers nevertheless referred to the Paris Agreement’s ambition of keeping the temperature rise to far below 2°C and wanting to keep it to 1.5°C, indicating that they still intend to pursue this goal.
- The BASIC nations also assert that their voluntary commitments to cut greenhouse gas (GHG) emissions, known as nationally determined contributions (NDCs), have shown “a high level of ambition in the context of poverty and sustainable development.”
- While developed nations must take the initiative to cut GHG emissions and give underdeveloped nations the ability to scale up climate action. All nations must take decisive action to quickly cut global GHG emissions within their own borders and cooperate with one another to keep global warming to 1.5°C.