In recent years, BRICS member states have accelerated their transition toward a green economy by implementing extensive environmental programs and allocating substantial financial resources. According to a report by an independent Brazilian think tank, the New Development Bank (NDB) has allocated approximately USD 2.4 million to climate-related projects since 2015.
At the same time, in response to the growing importance of addressing climate change, major global economies, including China, have pursued sustainable economic growth and green development. In recent years, China’s economic growth rate has significantly outpaced that of developed countries. According to data from China’s National Bureau of Statistics, the country’s economy grew by 5 percent in 2024. However, alongside the increase in GDP and industrial output, carbon dioxide emissions in China have also continued to rise.
In this context, China has taken major steps by investing more than USD 950 billion in 2024 in the development of green energy, including electric vehicles, clean power generation, and energy efficiency improvements. Through large-scale afforestation initiatives such as the Three-North Shelterbelt Program, China has expanded its forest area by more than 30 million hectares over the past decade and is pursuing its goal of achieving carbon neutrality by 2060.
The Chinese government has also actively supported national parks and biodiversity conservation by establishing new parks with suitable habitats for native wildlife, as well as strengthening comprehensive protection of existing parks, with particular emphasis on plant and animal species.
Code; 1001-20250930
