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Developed World Should Provide Finance for Biodiversity Conservation: BRICS Nations

Developed world should provide finance for biodiversity conservation: BRICS nations
Countries
BrazilChinaEgyptEthiopiaIndiaIndonesiaIranRussiaSaudi ArabiaSouth AfricaUnited Arab Emirates
Cooperation areas
Inclusive MultilateralismSustainable Development

Source: The Economic Times | Original Published At: 2026-09-12 15:12:00 UTC

Key Points

  • BRICS leaders urged developed nations to provide financial resources to the developing world for biodiversity conservation and sustainable use.
  • The leaders said developed countries should also support capacity building and technology development for this purpose.
  • The New Delhi Declaration 2026 underscored fair and equitable sharing of benefits arising from the use of genetic resources.
  • It highlighted the role of all types of forests, including boreal and tropical forests, in conserving biodiversity, water basins and soils.
  • BRICS leaders welcomed two compendiums: Integrated Landscape-Based Greening and Land Restoration, and a Common Understanding for Wildfire Preparedness and Response across BRICS.
  • They committed to integrated protection and systematic management of mountains, water resources, forests, peatland, mangroves, farmlands, grasslands and deserts for ecosystem restoration.
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