Bhupender Yadav cautioned that climate finance should not be seen as a means of investment

Bhupender Yadav cautioned that climate finance should not be seen as a means of investment

The 10th Meeting of BRICS Environment Ministers was held in hybrid format under the Chairship of the Russian Federation on 28th June, 2024, and it was participated virtually by Union Minister of Environment, Forest, and Climate Change, Shri Bhupender Yadav.   It was the first meeting of the BRICS Environment Ministers after joining of  five new members, i.e. Egypt, Ethiopia, Iran, the United Arab Emirates and  Saudi Arabia. 

The Union Minister stated that a larger and bigger BRICS can now set  the agenda, priorities and way forward for tackling environmental challenges. He stressed that initiatives under BRICS are firmly guided by the principles and goals of the UN system and its agencies, and BRICS nations should ensure that available carbon space is utilised by the Developing Countries.