China and Brazil call on developed countries to honor their commitments on climate finance. The two countries reached an agreement that their exchanges can be carried out in their own currency, without using the U.S.
dollar. The BRICS are a group of emerging countries that brings together Brazil, China, India, Russia and South Africa. China is under increasing pressure to put pressure on Moscow and bring it to the negotiating table. The United States is under pressure to do the same to Russia, which has been accused of using its annexation of Crimea as a pretext for economic sanctions.