South-South Cooperation

TROPICAL FORESTS FOREVER FACILITY (TFFF) LAUNCHED AT COP30 CLIMATE SUMMIT

The $125-billion Brazil-led Tropical Forests Forever Facility uses blended finance to reward developing nations for verified forest conservation. It channels 20% of funds to Indigenous communities and shifts focus from grants to performance. India participates as an observer, supporting this South-South climate effort.

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INDIA–BRAZIL RELATION: STATUS, SIGNIFICANCE, CHALLENGES, WAY FORWARD

India and Brazil’s strategic partnership strengthens South-South cooperation through defense, space, and trade collaboration. Targeting $20 billion bilateral trade by 2030 via the India-Mercosur PTA, both nations pursue balanced growth, multilateral engagement, and diversified sectors to build a resilient, future-oriented, and mutually beneficial relationship.

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INDIA'S ROLE IN THE GLOBAL SOUTH EXPLAINED

The Global South, a coalition of developing nations, gains influence with India as a key leader. Through multi-alignment, institutional reforms, and South-South cooperation, India promotes equitable, sustainable, and digital solutions, transforming the group into an active global shaper.

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