Trump, BRIC funding and Disaster Mitigation
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Trump accused BRICS of anti-American policies and threatened tariffs as BRICS reaffirmed support for global order
BRICS leaders converged in Rio de Janeiro to address shared climate challenges and demand funding from wealthy nations for global emission mitigation. The summit highlighted the Global South's role in tackling climate change,
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.
BRICS bloc urged rich states to fulfill their responsibility to finance climate mitigation efforts while denouncing Western environmental measures as discriminatory, underscoring group's commitment to defend multilateralism.
But critics caution that the efforts, as designed, cut off some historically Black and disadvantaged communities in South Baltimore from the promised benefits of shoreline restoration.
A joint declaration highlights that global capital is sufficient to meet climate challenges, but remains unevenly distributed.
CHENNAI: India emerged as a key architect of the BRICS agenda—driving local-currency trade, global governance reform, green investments, and digital regulation.
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