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Why Is BRICS Investing In Climate Resiliance?

Writer's picture: blackcoralinc2021blackcoralinc2021
The BRICS High-level Meeting on Climate Change aims to jointly address climate change, explore approaches to accelerate low-carbon and climate resilient transition and achieve sustainable, balanced and inclusive recovery and development.
The BRICS High-level Meeting on Climate Change aims to jointly address climate change, explore approaches to accelerate low-carbon and climate resilient transition and achieve sustainable, balanced and inclusive recovery and development.

BRICS nations—comprising Brazil, Russia, India, China, and South Africa—are increasingly investing in climate change resilience technologies due to a combination of environmental, economic, and public health imperatives. This investment is driven by the recognition that climate change poses significant risks to their populations and economies, necessitating proactive measures to mitigate these impacts.


Environmental Imperatives


The BRICS countries collectively account for over 40% of the world’s population and a substantial share of its forest area. Their vast natural resources are under threat from climate change, which exacerbates issues such as deforestation, habitat loss, and biodiversity decline. The interconnectedness between human health and ecosystem services means that any degradation in environmental quality can lead to adverse health outcomes. By investing in resilience technologies, BRICS aims to safeguard their ecosystems while also addressing the potential for future pandemics linked to environmental changes.


Economic Considerations


Investing in climate resilience technologies is not only an environmental necessity but also an economic opportunity. As developing nations, BRICS countries face unique challenges in balancing economic growth with sustainable practices. Climate resilience technologies can help these nations transition towards low-carbon economies while enhancing their adaptive capacities against climate-related disruptions. This dual focus on sustainability and economic development aligns with global trends towards green technology investments.


Public Health Concerns


The link between climate change and public health is becoming increasingly evident. Climate variability can exacerbate existing health issues and contribute to the emergence of new diseases. The One Health framework emphasizes the interconnectedness of human health with animal and environmental health. By investing in technologies that enhance climate resilience, BRICS nations aim to protect public health by reducing vulnerabilities associated with climate-induced health threats.


Global Leadership Role


As influential players on the global stage, BRICS countries recognize their responsibility in addressing climate change. Their leadership in harmonizing policies across climate action and healthcare can have profound implications for global strategies aimed at managing pandemics and protecting planetary health. By taking proactive steps now through investments in resilience technologies, they position themselves as leaders in international climate diplomacy.


Conclusion


In summary, BRICS is investing in climate change resilience technologies primarily to address environmental degradation, foster economic growth while ensuring sustainability, protect public health from climate-related risks, and assert their leadership role in global governance regarding climate action.

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