top of page
BRICS Explained

Also listen On

BRICS Explained

BRICS Explained

Kiran and Debkanya break down BRICS — the 11-nation alliance of Brazil, Russia, India, China, South Africa, and more — and what happened at the 2026 New Delhi summit. From the New Development Bank to maritime security and clean energy, they explore why this alliance matters for the future of global trade and power.

BRICS Explained - Inside the World's Biggest Economic Alliance

BRICS is an 11-nation alliance, including Brazil, Russia, India, China, and South Africa, that together represents more than half the world's population. At the 2026 summit in New Delhi, member nations discussed everything from a shared development bank to clean energy and maritime security - all part of a push for a bigger voice in a global economy still shaped by older Western-led institutions.



What is BRICS?

BRICS is an alliance of 11 developing economies - Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the UAE - that cooperate on trade, security, and global influence. Together, these countries represent more than half the world's population, making BRICS one of the most significant economic groupings outside traditional Western-led alliances.



What is the New Development Bank, and why does it matter?

The New Development Bank lets BRICS nations fund their own infrastructure and development projects instead of depending on Western-led institutions like the IMF (International Monetary Fund) or the World Bank. It's a concrete example of what BRICS members call reducing dependence on existing global financial systems, even as all countries involved continue to trade and rely on each other.



Why is BRICS a major force in renewable energy?

China alone produces 30 to 40% of the world's solar energy, which makes the BRICS bloc, taken together, a major force in global renewable power production - a significant factor as countries weigh economic growth against environmental goals.



What happened at the 2026 New Delhi summit?

The 2026 BRICS summit, held in New Delhi, marked India's fourth time hosting the gathering. All 11 member nations came together to discuss a wide range of issues, from maritime security - protecting ocean shipping routes from threats like piracy and conflict, especially at chokepoints such as the Strait of Hormuz - to tariffs, the taxes countries place on imported goods.



Why do BRICS nations want a bigger voice at the UN?

BRICS nations are pushing for greater representation in global bodies like the UN Security Council (UNSC), a 15-member United Nations body where just 5 permanent members currently hold outsized power compared to the other 10 non-permanent members. The push reflects a broader argument from what's often called the Global South - developing nations, mostly outside traditional Western powers - that existing global institutions don't reflect today's balance of population and economic weight.



Key vocabulary

  • BRICS - An alliance of 11 developing economies (Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the UAE) that cooperate on trade, security, and global influence.

  • New Development Bank - A bank created by BRICS nations so they can fund their own development projects without relying on Western-led institutions.

  • IMF (International Monetary Fund) - A global organization that oversees international trade and economic cooperation among countries.

  • UN Security Council (UNSC) - A 15-member United Nations body - 5 permanent, 10 non-permanent - responsible for maintaining international peace and security.

  • Global South - A term for developing nations, mostly outside the traditional Western powers, that are gaining a bigger role in the world economy.

  • Maritime security - Efforts to protect ocean shipping routes from threats like piracy and conflict, especially at chokepoints like the Strait of Hormuz.

  • Strait of Hormuz - A narrow, strategically vital waterway through which much of the world's oil shipments pass.

  • Tariffs - Taxes that a country places on goods imported from other countries.



Frequently asked questions



What does BRICS stand for?

BRICS takes its name from its founding members - Brazil, Russia, India, China, and South Africa - and has since grown to an 11-nation alliance representing more than half the world's population.



What is the New Development Bank?

A bank created by BRICS nations to fund their own infrastructure and development projects, reducing reliance on institutions like the IMF and World Bank.



Why does BRICS matter for renewable energy?

China, a BRICS member, produces 30 to 40% of the world's solar energy, making the bloc a major player in global clean energy production.



What happened at the 2026 BRICS summit?

All 11 member nations met in New Delhi - India's fourth time hosting - to discuss topics including maritime security, tariffs, and economic cooperation.



Why does BRICS want UN Security Council reform?

BRICS nations argue that the UN Security Council's 5 permanent members hold outsized power relative to the rest of the world's population and economic weight, and are pushing for a more representative structure.



Related episodes

  • Inflation Explained -

  • LPG and the Iran Shipping Squeeze -

  • How Tariffs Work Across Countries -

What You'll Learn

1. BRICS is a group of 11 countries — including Brazil, Russia, India, China, and South Africa — that together represent more than half the world's population.
2. The New Development Bank lets BRICS nations fund their own projects instead of depending on Western-led institutions like the IMF and World Bank.
3. China produces 30–40% of the world's solar energy, making the BRICS bloc a major force in renewable power.
4. The 2026 BRICS summit in New Delhi was India's fourth time hosting, bringing together all 11 member nations to discuss everything from maritime security to tariffs.
5. BRICS nations are pushing for a bigger voice in global bodies like the UN Security Council, which currently gives outsized power to just five permanent members.

Key Vocabulary

- BRICS — An alliance of 11 developing economies (Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia, and the UAE) that cooperate on trade, security, and global influence.
- New Development Bank — A bank created by BRICS nations so they can fund their own development projects without relying on Western-led institutions.
- IMF (International Monetary Fund) — A global organization that oversees international trade and economic cooperation among countries.
- UN Security Council (UNSC) — A 15-member United Nations body — 5 permanent, 10 non-permanent — responsible for maintaining international peace and security.
- Global South — A term for developing nations, mostly outside the traditional Western powers, that are gaining a bigger role in the world economy.
- Maritime security — Efforts to protect ocean shipping routes from threats like piracy and conflict, especially at chokepoints like the Strait of Hormuz.
- Strait of Hormuz — A narrow, strategically vital waterway through which much of the world's oil shipments pass.
- Tariffs — Taxes that a country places on goods imported from other countries.

Every week. One story. One subject. A little more clarity.

For curious minds. On Spotify, Apple Podcasts and YouTube.

Takaro - Just color Logo.jpg

Takaro © 2026

bottom of page