India Advocates for Enhanced Climate Finance Among BRICS Nations
At the 11th BRICS Environment Ministers’ Meeting in Brasilia, India called on member nations to come together under the ‘Baku to Belem Roadmap’ to mobilize $1.3 trillion annually by 2035. The appeal was aimed at strengthening collective efforts to meet global climate targets. With BRICS now expanded to include 11 nations, India emphasized the group’s increasing influence in international climate negotiations, including the upcoming COP30 summit in Belem, Brazil.
Push for Robust Climate Finance Commitments
Representing India, Additional Secretary in the Ministry of Environment Amandeep Garg highlighted the inadequacy of the proposed $300 billion per year under the New Collective Quantified Goal (NCQG) on climate finance. He stressed that this falls short of the actual requirement and urged developed nations to meet their fair share of the global climate finance burden.
India maintained that mobilizing $1.3 trillion annually is critical for developing countries to adapt to and mitigate the effects of climate change. Strengthening climate finance mechanisms, it said, is not just a necessity but a shared global responsibility.
Tackling Shared Environmental Challenges
India underscored the shared environmental threats confronting BRICS nations—desertification, biodiversity loss, and increasing pollution levels. The country urged a unified front in addressing these challenges through cooperative platforms and cross-border collaboration.
India also showcased its leadership through global sustainability initiatives, including the International Big Cat Alliance, which focuses on wildlife conservation, particularly endangered big cat species like tigers and leopards.
India Urges Participation in Global Green Missions
In its address, India called on fellow BRICS nations to join international sustainability platforms such as the International Solar Alliance, Leadership Group for Industry Transition (LeadIT), and the Global Biofuel Alliance. These initiatives aim to accelerate low-carbon development and foster innovation in renewable energy and green technology.
Strategic Importance of BRICS in Global Climate Action
With BRICS countries accounting for nearly half of the world’s population and over a third of the global GDP, India emphasized that the bloc’s united approach to climate financing and environmental policy could significantly impact global efforts toward sustainability.
India’s proposal places climate financing at the center of BRICS cooperation and highlights the necessity of strategic, well-funded action to address the planet’s escalating climate crisis.
