This paper presents a status report of the BRICS nations (Brazil, Russia, India, China, and South Africa) on two crucial development parameters—inequality and poverty—that have a significant bearing on the Sustainable Development Goals (SDGs; especially SDG-1 and SDG-10).

This report examines the possible financial implications of phasing out fossil fuels in six emerging economies based on scenarios published by the International Energy Agency in its 2021 World Energy Outlook and suggests strategies for managing the transition.

The war in Ukraine has triggered a costly humanitarian crisis that demands a peaceful resolution. At the same time, economic damage from the conflict will contribute to a significant slowdown in global growth in 2022 and add to inflation.

The International Monetary Fund slashed its forecast for global economic growth by nearly a full percentage point, citing Russia's war in Ukraine, and warning that inflation was now a "clear and present danger" for many countries.

The UN’s trade and development body has downgraded its global economic growth projection for 2022 to 2.6% from 3.6% due to the Ukraine war and to changes in macroeconomic policies made by countries in recent months.

Even though Indigenous Peoples’ practices have little impact on greenhouse gas emissions and global warming, climate change and extreme weather events aggravated by the COVID-19 health crisis have had an enormous impact on their livelihoods, cultures, identities and rights.

Growth in energy markets slowed in 2019 in line with weaker economic growth and a partial unwinding of some of the one-off factors that boosted energy demand in 2018.This slowdown was particularly evident in the US, Russia and India, each of which exhibited unusually strong growth in 2018.

New research by the Transition Pathway Initiative finds that 29% of the largest publicly-listed industrial companies are set to align their emissions with the Paris Pledges by 2030, up from 24% in mid-2018.These companies are aligned with the emission reduction pledges made by national governments in the Paris Agreement.