India urged BRICS nations—Brazil, Russia, India, China, and South Africa—to support the Baku to Belém Roadmap. It was adopted at Conference of the Parties 29 (COP29) in 2024. The roadmap aims to mobilize USD 1.3 trillion to help developing nations meet their Nationally Determined Contributions (NDCs) under the Paris Agreement. It focuses on defining a New Collective Quantified Goal (NCQG) on climate finance post-2025 and ensuring finance is predictable, adequate, and accessible. As BRICS countries now represent 47% of the world’s population and 36% of global Gross Domestic Product (GDP) in Purchasing Power Parity (PPP), their united climate efforts are crucial for a fair global transition.
This Question is Also Available in:
ಕನ್ನಡहिन्दीमराठी