ABSTRACT

The cooperation mechanisms established at the Brazil, Russia, India, China and South Africa (BRICS) Leaders' Summits, for example, the BRICS Development Bank, will also serve as new platforms for BRICS cooperation on climate change. The BRICS countries have the common desire to develop an international climate order for the future to safeguard their own right to development. The addition of South Africa, as a member of the "BASIC countries" of climate change, in the BRICS indicates that cooperation on climate change is an important part of BRICS cooperation. The BRICS countries have the common desire to develop an international climate order for the future to safeguard their own right to development. In the meantime, they need to transform their development models for a sustainable rise. The establishment of the BRICS Development Bank provides an opportunity for financially supporting the development of low-carbon economy in the five countries.