Baku to Belem Roadmap:
India, at the 11th BRICS Environment Ministers’ Meeting in Brazil, urged all 11 BRICS nations to support the ‘Baku to Belem Roadmap’, which aims to mobilise $1.3 trillion annually by 2035 for climate action.The ‘Baku to Belem Roadmap’ is a finance mobilisation framework initiated between COP29 (Baku, Azerbaijan) and COP30 (Belem, Brazil). It aims to chart a path for mobilising $1.3 trillion per year by 2035 for climate action in developing countries. UNFCCC COP Presidencies (Azerbaijan and Brazil) are mandated to lead the process.
