The BRICS countries (Brazil, Russia, India, China and South Africa) face a key choice: to opt for “good” development aid, based on sustainable development, or for the “bad” old traditional model, which they criticised when they were its recipients.
This was the conclusion of a debate on the sustainability challenges facing the leading emerging economies in BRICS, at the People’s Summit being held in parallel to the United Nations Conference on Sustainable Development, or Rio+20.