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Climate Financing in BRICS: Lessons from Brazil and South Africa
This policy brief examines climate financing mechanisms in Brazil and South Africa, focusing on carbon pricing, green bonds, green taxonomies, and central bank regulations. It argues that these two BRICS nations are well-positioned to lead the Global South in advocating for a reformed global financial architecture—specifically the restructuring of the World Bank and IMF—to ensure more affordable and equitable climate finance for developing economies.
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Document type: Policy brief
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