Source: China – South China Morning PostThe Brics economic bloc approved its first joint climate finance framework on Thursday, the group’s most coordinated effort to date on funding climate action and setting the stage for a shared position – a first for the group – ahead of Cop30 in Brazil.
The nonbinding framework – agreed during a high-level meeting on climate change and sustainable development – outlines Brics priorities including the reform of multilateral development banks, the scaling up of concessional finance and the…Read More