Pakistan, July 7 -- Leaders of the BRICS group of developing countries demanded on Monday that wealthy nations fund global efforts to reduce greenhouse gas emissions. Speaking on the final day of their summit in Rio de Janeiro, they emphasized the responsibility of rich countries to support climate action in poorer nations.

Brazilian President Luiz Inacio Lula da Silva highlighted the key role of the Global South in fighting climate change as Brazil prepares to host the United Nations climate summit later this year. Despite this, BRICS leaders agreed fossil fuels will remain important in the global energy mix, especially for developing economies.

The group also voiced strong support for Brazil's Tropical Forests Forever Facility, a fund...