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While the Western nations de-industrialize and convert to so-called "green energy", the [[Global South]], led by the BRICS+ nations will continue to grow using traditional [[coal]] and [[fossil fuel]]s. De-industrialization and so-called "alternative energy sources" in [[the West]] has a negative impact on [[inflation]], [[food]] and energy prices, and living standards. However living standards in the Global South and BRICS+ nations are expected to continue rising.
 
While the Western nations de-industrialize and convert to so-called "green energy", the [[Global South]], led by the BRICS+ nations will continue to grow using traditional [[coal]] and [[fossil fuel]]s. De-industrialization and so-called "alternative energy sources" in [[the West]] has a negative impact on [[inflation]], [[food]] and energy prices, and living standards. However living standards in the Global South and BRICS+ nations are expected to continue rising.
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In 2022 BRICS outpaced the [[G7]] in total GDP output.  In total, the BRICS grouping as it currently stands accounts for over 40% of the global population and nearly a quarter of the world's [[GDP]]. The GDP figure is expected to double to 50% of global GDP by 2030.{{Fact}}
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In 2022 BRICS outpaced the [[G7]] in total GDP output.  In total, the BRICS grouping as it currently stands accounts for over 40% of the global population and nearly a quarter of the world's [[GDP]]. The GDP figure is expected to double to 50% of global GDP by 2030.<ref>https://economicsinsider.com/g7-vs-brics-gdp-comparison/</ref>
    
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