Financial Support for Environmental Development and Cooperation of the BRICS Countries

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Abstract

The article examines the positioning of the international integration association BRICS in the global economy. The features of the economic situation and financial support of the BRICS member countries are studied in the context of actualization of issues of environmental development and productive interaction in the context of a changing geopolitical situation. Based on the analysis of the current stage of development and economic condition of the BRICS member countries, conclusions are made on strengthening cooperation in the financial sphere and increasing the relevance of environmental issues in the context of achieving the benchmarks of the United Nations Sustainable Development Goals. Conceptual conclusions are formulated on the need to create a balanced environmental financial mechanism, select priority areas for investing in environmental projects and substantiate key vectors for the development of international cooperation in the field of rational use of natural resources and environmental protection.

About the authors

Natalia P. Molchanova

Lomonosov Moscow State University

Author for correspondence.
Email: 2520641a@gmail.com

Professor

Russian Federation, 1, Leninskie Gory, GSP-1, Moscow, 119991, Russia

References

  1. I.N. Molchanov, N.P. Molchanova Vek globalizacii : issledovanie sovrem. glob. Processov, 2024, 3(51). p. 95. doi: 10.30884/vglob/2024.03.09. (in Russian).
  2. BRICS development in the context of world dynamics: challenges and perspectives: Monograph / Ed. by Acad. Viktor Sadovnichy. – Moscow University Press, 2024.
  3. T.M. Isachenko Vozmozhnosti koordinacii torgovoj politiki stran BRIKS // Nauchnye trudy Vol'nogo jekonomicheskogo obshhestva Rossii. – 2024. № 4. p. 394. (in Russian).
  4. Strategija jekonomicheskogo partnerstva BRIKS do 2025 g. [Elektronnyj resurs] // Prezident Rossii [sajt]. (http://static.kremlin.ru/media/events/files/ru/KT0SBHnIZjOpIuAj2AOXCnszNQA8u7HL.pdf). (in Russian)

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