Projects towards climate action: Case of BRICS

Sharofiddin, Ashurov and Al-Shaghdari, Fahd Mohammed Obad and Mohd Noor, Azman and Mohammad, Habibullah (2026) Projects towards climate action: Case of BRICS. In: Islamic Finance and Climate Action Ethics, Environmental Stewardship and Sustainability. Routledge (Taylor & Francis), London, pp. 168-177. ISBN 9781032944715

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Abstract

This chapter explores BRICS nations’ financial cooperation, focusing on climate action projects that promote economic resilience, sustainable growth, and social impact. Central to these efforts are the New Development Bank and the Contingent Reserve Arrangement, which enhance economic stability and support climate-centric initiatives. The study further explains how BRICS, especially with its expansion to BRICS Plus, is positioning itself to influence global trade and finance through investments in green technologies, reducing reliance on Western financial systems. Emphasis is placed on how these efforts align with sustainable development and the economic inclusion of the Global South.

Item Type:	Book Chapter
Uncontrolled Keywords:	BRICS, Climate Change, economic resilience, sustainable growth, social impact.
Subjects:	BPH Islamic Economics > BPH72 Economic development. Growth. Sustainable development. Sustainability BPH Islamic Economics > BPH830.3 Social systems. Urban groups. Cities and towns. Sustainable urban development H Social Sciences > HG Finance > HG3368 Islamic Banking and Finance
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Institute of Islamic Banking & Finance (IIiBF)
Depositing User:	Dr Sharofiddin Ashurov
Date Deposited:	30 Jan 2026 14:45
Last Modified:	30 Jan 2026 14:45
Queue Number:	2026-01-Q2004
URI:	http://irep.iium.edu.my/id/eprint/125744

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