BRICS stance on fossil fuels and carbon debt debate ahead of COP31

BRICS nations are shaping their collective stance on fossil fuels and carbon debt as the bloc prepares for COP31 climate talks. The grouping's position reflects divergent interests among member states — balancing energy security and economic growth concerns against climate commitments.

Carbon debt refers to cumulative historical emissions by developed nations during their industrialisation, a concept central to climate justice arguments. BRICS countries argue that historical emitters bear greater responsibility for climate action and should provide more financial support to developing nations.

The bloc's approach to fossil fuels at COP31 will significantly influence global climate negotiations, as BRICS members include major energy producers and consumers seeking to protect their development pathways.