One of the key aspects of the New Delhi Declaration was the importance of conservation and sustainable use of biodiversity, as BRICS highlighted the need for fair and equitable sharing of benefits arising from the use of genetic resources.

BRICS committed to the integrated protection and systematic management of mountains, water resources, forests, peatlands, mangroves, farmlands, grasslands and deserts for holistic ecosystem restoration.

The statement also highlighted the critical role of all types of forests in conserving biodiversity and the need for sharing best practices for sustainable forest management.

Another was the adoption of a compendium on Integrated Landscape-Based Greening and Land Restoration and Wildfire Preparedness and Response.

As one of the richest stores of resources, the BRICS nations have an important role to play. The declaration is significant and, if practised properly, should help shape the utilisation of resources through sustainable practices and conservation.