SciencePhoto: Hindu WorldBRICS Summit Confirms Modest Carbon Market Partnership Plans
At the 18th BRICS Summit in New Delhi on September 12, members reaffirmed their commitment to the BRICS Carbon Markets Partnership through a Memorandum of Understanding focused on capacity-building and experience-sharing. No trading framework, targets, or timeline were set. Key BRICS countries like Brazil, China, India, and Indonesia host significant carbon credit projects, with evolving compliance systems such as China’s ETS, India’s CCTS, and Brazil’s new cap-and-trade law.
Hindu World··New Delhi



