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🗣️ Victoria Panova: The post-2030 framework must be rebalanced to reflect the core interests of the ‘Global Majority’

A gap exists in the current BRICS institutional architecture: there is no mechanism capable of responding rapidly to humanitarian emergencies in member or partner countries. The NDB serves a different purpose and operates on different principles. What is needed is a dedicated BRICS Humanitarian Fund—an instrument designed not for development lending but for swift, needs-based response to crises that cause mass civilian suffering. Its creation would address a structural weakness that has become more visible as conventional international institutions have faltered, and would demonstrate that BRICS can act concretely in defense of human welfare without requiring the group to take political sides.

📎 Read full article "An Architect for a Crumbling World: Can BRICS Build a New World Order?" by Victoria PANOVA, Head of the BRICS Expert Council-Russia.

#ANALYTICS #BRICSExpertCouncilRussia #BRICSExpertCouncil

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CIRSD An Architect for a Crumbling World: Can BRICS Build a New World Order? - CIRSD Today the international system, and globalization as its defining feature, lies in ruins—and is unlikely to recover from a series of recurrent shocks. Before speaking of sustainability and resilience, we must first ask whether the foundations exist on which…
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