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BRICS Summit 2026: Can BRICS Turn Climate Pledges Into Action? | WION
WION
September 9, 2026
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BRICS is pushing local-currency lending for a reason — currency risk has become one of the biggest barriers to climate finance in developing economies. Dilma Rousseff's New Development Bank now lends around 25-30% in local currencies, with 40% of its financing directed toward cli
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