Climate Action Burden
Don't expect global south to carry climate action burden, says Sitharaman
This story was originally published at 20:13 IST on 7 July 2025
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NEW DELHI - Finance Minister Nirmala Sitharaman Monday said the global south should not be expected to carry the main burden of climate action. While cooperation between countries of the global south is vital to meet climate goals, BRICS countries are well placed to work together on sustainable development, Sitharaman said at the BRICS Finance Ministers and Central Bank Governors meeting in Rio de Janeiro, Brazil.
Sitharaman highlighted India's demonstrated resilience through a combination of strong domestic demand, prudent macroeconomic management, and targeted fiscal measures," the finance ministry said in a post on social media platform X. "FM (Finance Minister) Smt. @nsitharaman further said that India's policy response to trade and financial restrictions has focused on diversifying markets, promoting infrastructure-led growth, and implementing structural reforms aimed at boosting competitiveness and productivity," the ministry said.
The finance minister said the BRICS grouping is a vital platform for advancing "inclusive multilateralism", especially when global institutions face a legitimacy and representation crisis. End
Reported by Shubham Rana
Edited by Vandana Hingorani
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