India, July 8 -- Noting that India's BRICS presidency next year will have a "humanity first" approach, Prime Minister Narendra Modi said on Monday that developed nations have a special responsibility in bridging the gap between climate ambition and financing.

In an address at the BRICS summit, PM Modi said India will work to redefine BRICS in a new form, which will be "Building Resilience and Innovation for Cooperation and Sustainability'.

"Just as, during our chairmanship, we gave breadth to the G-20, gave priority to the issues of the Global South in the agenda, similarly, during our chairmanship of BRICS, we will take this forum forward in the spirit of people-centricity and humanity first," he said.

PM Modi was speaking at a sessio...