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Tuesday, February 3, 2026

BRICS Nations Call on Wealthy Countries to Fund Worldwide Net-Zero Transition

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BRICS Nations Call on Wealthy Countries to Fund Worldwide Net-Zero Transition

Brazilian President Luiz Inacio Lula da Silva and Chinese Premier Li Qiang at the 17th annual BRICS summit in Rio de Janeiro, on July 5, 2025. Bruna Prado/AP Photo

Leaders of the BRICS group said on Sunday that wealthy countries should pay to help poorer nations transition to net zero.

The BRICS bloc, comprising countries such as Brazil, Russia, India, China, and South Africa, is an alliance that sees itself as a counterweight to Western-led institutions.

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