In 2025, Brazil will take over the presidency of BRICS, with plans to expand its agenda beyond its current G20 leadership role. The country aims to drive changes in the global financial system by focusing on taxing the ultra-wealthy, sustainable finance, combating hunger and poverty, customs cooperation, emerging market savings, and infrastructure investments.
Preparations for the BRICS Leaders’ Summit have already begun, with Brazil set to present detailed proposals and priorities in December. Antonio Freitas highlighted the continuity between G20 and BRICS agendas, emphasizing Brazil’s leadership in global governance reform discussions and the need to adapt Bretton Woods institutions to new economic realities.
Ambassador Eduardo Saboia confirmed Brazil’s focus on sustainability, energy transition, poverty reduction, and inequality in its BRICS presidency. Brazil aims to promote multilateralism and governance reforms while strengthening emerging economies.
Strategic Opportunities
Brazil’s BRICS leadership, starting in January, presents opportunities for attracting investments and financing sustainable projects through the New Development Bank. The country faces pressure to deliver concrete results, building on its history of successful leadership within the BRICS group.
With plans to integrate new members and expand partnerships, Brazil’s presidency in 2025 signifies a crucial moment in reshaping international cooperation and economic governance towards a more diverse and stable global financial system.