Аннотация:AbstractOver the past five years, the BRICS countries have actively worked to develop and implementjoint measures to mitigate climate change and adapt to other environmental risks. However,achieving significant results in these areas is impossible without the use of modern economictools to financially support environmental and climate initiatives. This study examines thechallenges and opportunities associated with the development and implementation of economicpolicies that aim to maximize the environmental potential of the BRICS countries. The paperproposes solutions to create a unified methodology for assessing ecosystem services within theBRICS framework, reveals the potential for creating a joint market and development fund for theBRICS ecosystem services, and describes the most promising economic tools that can be used toattract investments and rationally implement environmental projects.