FEATURES

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.

ICJ Climate Ruling Empowers Youth-Led Fight for Climate Justice
By CVF Youth Fellows As young leaders from the world’s most climate-vulnerable nations, we see the International Court of Justice’s (ICJ) advisory opinion not only

42nd GCF Board Decisions Unlock Critical Support for 26 CVF-V20 Nations
July 30, 2025—Seventeen (17) new climate projects valued at USD1.225 billion are set to benefit low-income developing countries and small islands developing states, including 26

Kenya Unveils Draft Regulations for National Carbon Registry
July 30, 2025—The Republic of Kenya has unveiled its first draft of the Climate Change (Carbon Registry) Regulations, marking a significant milestone in its efforts

Barbados Takes the Lead in Regional Debt Swap Prototype
July 30, 2025—A multibillion-dollar regional “debt-for-resilience” facility, supported by the Inter-American Development Bank (IDB), the World Bank, The Development Bank of Latin America and the

Pakistan CPP Consultations Expand to Gilgit-Baltistan
Gilgit-Baltistan, Pakistan | July 18, 2025—As part of its nationwide efforts to develop a robust Climate Prosperity Plan (CPP), Pakistan has expanded consultations to Gilgit-Baltistan,

Escaping the Debt Doom Loop: Unlocking $454 Billion for V20 Countries
June 30, 2025—The Third Edition of the V20 Debt Review reveals that V20 countries would have been 20% wealthier today in terms of GDP had

CVF-V20, UNOPS Mark Progress on JMDF Work Plan
June 17, 2025—Representatives from the CVF-V20 Secretariat and the United Nations Office for Project Services (UNOPS) convened in Vienna on June 17 to take stock

Regional Dialogue 2025 Calls for Cooperation to Tackle Climate Vulnerabilities in South Asia
The Institute of Regional Studies (IRS) hosted the 4th Annual Regional Dialogue 2025, in Islamabad on 5 May. The dialogue, titled ‘Pathways to Peace and

Roundtable: Getting Ahead of Climate Disasters
The Risk-Informed Early Action Partnership (REAP) convened a roundtable, entitled ‘Getting ahead of disasters: government and regional perspectives on the current state of finance for

Recap on CVF-V20’s Pathway to Prosperity
In April 2025, on the sidelines of the Spring Meetings of the World Bank and IMF, the V20 Finance Ministers adopted a communique outlining the

Recap: The Fourth Financing for Development Conference
The Fourth Financing for Development Conference (FfD4), scheduled from 30 June to 3 July in Seville, Spain, is a crucial opportunity for CVF countries to



