Brics climate demand: Bloc seeks concessional climate finance from...

Brics climate demand: Bloc seeks concessional climate finance from West, backs IMF reforms and NDB’s growing role

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BRICS nations have urged developed economies and financial institutions to provide substantial climate finance to developing countries, emphasizing the need for predictable and affordable funding to achieve Paris Agreement goals. They also highlighted the importance of the IMF in supporting vulnerable economies and praised the New Development Bank's growing role in the Global South.

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