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Delhi BRICS Summit set to advance climate cooperation and global resilience

Delhi BRICS Summit set to advance climate cooperation and global resilience
Countries
BrazilIndiaRussiaSouth Africa
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional DevelopmentSustainable Development

Source: Lokmat Times | Original Published At: 2026-08-29 12:13:27 UTC

Key Points

  • The 18th BRICS summit in New Delhi is expected to focus on climate cooperation, resilience in agriculture, and disaster risk reduction for developing economies.
  • Climate-related risks such as droughts, floods, heatwaves, and cyclones threaten infrastructure, food security, and macroeconomic stability, prompting calls for coordinated disaster risk reduction and local-currency climate financing.
  • BRICS climate cooperation has featured in previous summits, including the 2015 Ufa summit and the 17th Rio summit's climate finance framework and climate leadership agenda.
  • BRICS countries are expanding wind and solar projects, but the report says a joint financial architecture is needed to match the clean-energy transition.
  • India's BRICS presidency could advance Project Bridge as a settlement layer for climate finance, encourage Gulf sovereign wealth fund co-investment in New Development Bank climate projects, and accelerate a rupee bond program across BRICS currencies using digital public infrastructure expertise.
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