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Brazilian President Luiz Inacio Lula da Silva and Chinese Premier Li Qiang at the 17th annual BRICS summit in Rio de Janeiro, on July 5, 2025. Bruna Prado/AP Photo
Leaders of the BRICS bloc said on July 6 that wealthy countries should pay to help poorer nations transition to net zero.
BRICS, made up of countries such as Brazil, Russia, India, China, and South Africa, is an alliance that sees itself as a counterweight to Western-led institutions.
