FEATURES

New Partnerships Forged in Pakistan to Accelerate Climate Action

The CVF-V20 Secretariat has forged new partnerships with leading financial, academic, and media institutions in Pakistan in March, marking a significant step toward advancing climate finance, building national capacity, and strengthening implementation of the Pakistan Climate Prosperity Plan (CPP).

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Nature-Based Solutions Drive Honduras’ NDC 3.0

Ten years after its first climate commitments under the Paris Agreement, Honduras is turning to the strength of its coastlines. In its third Nationally Determined Contribution (NDC), the country is prioritizing mangrove and seagrass conservation as a cornerstone of its climate action.

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Levant Region Leverages Subnational Governance to Access Climate Finance

Ten municipalities from Lebanon, Palestine, and Jordan engaged with development banks and bilateral and multilateral donors at the Climate Finance Pathways Forum to mobilize resources for their subnational climate project proposals spanning water security and flood-risk reduction, nature-based solutions, climate-resilient infrastructure, urban cooling, solid waste management, and climate-smart agriculture.

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Advancing Climate Investment Pathways in Pakistan

In February, a series of engagements with key institutions across Pakistan explored ways to strengthen the investment pipeline under the country’s Climate Prosperity Plan (CPP). The CVF-V20 South Asia team met with a range of stakeholders to discuss how sector reforms, research initiatives, and large-scale programs can be translated into bankable projects that attract international investment across infrastructure, renewable energy, agriculture, and the blue economy.

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Jordan Unveils Long-Term Climate-Resilient National Health Roadmap 

The Hashemite Kingdom of Jordan launched its ten-year National Climate Change Health Adaptation Strategy and Action Plan (HNAP), joining the roster of first countries to climate-proof its health systems. The comprehensive roadmap, spanning from 2024 to 2034, outlines Jordan’s strategic response to climate-related health risks across seven priority areas—airborne and respiratory diseases, water- and food-borne illnesses, vector-borne diseases, nutrition, heatwaves, occupational health, and mental health.

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V20 Central Bank Governors Working Group Organizes a Technical Committee on Climate Shocks and Balance of Payments

The Study Visit in Manila on August 26 bore much fruit as members of the V20 Central Bank Governors Working Group agreed to create a Technical Committee on Climate Shocks and Balance of Payments. The Study Visit aimed to strengthen technical collaboration and innovation among CVF-V20 central banks, focused on integrating climate risks into macroeconomic analysis and modeling tools in support of climate prosperity.

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PH Completes In-Country Consultation and Stocktake in the Global Shield Implementation

The Republic of the Philippines continues to make strides as a country pathfinder under the G77-V20 Global Shield against Climate Risks initiative after completing the in-country process and stocktake, led by the Climate Finance Policy Group of the Department of Finance (DOF) and the Institute for Climate and Sustainable Cities (ICSC). Progress is underway for the gap analysis, bringing the country closer to developing its request for Climate and Disaster Risk Finance and Insurance (CDRFI) support.

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