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,
Fellowship Sessions Empower Climate Leaders to Drive Bold Action
January 2026 witnessed a transformative gathering of climate champions as the CVF-V20 Secretariat hosted a series of fellowship retreats and a residency to equip youth and mid-to-senior-level officials from the world’s most climate-vulnerable nations with co-learning and networking opportunities necessary to advance ambitious development-positive climate action.
CVF-V20 Backs Evidence-Based Climate and Economic Decisions in Pakistan
The CVF-V20 Secretariat met with Pakistan’s Minister for Climate Change, H.E. Dr. Musadik Malik, on January 8 to align on how CVF-V20 tools and approaches can support national decision-making and delivery on climate and economic priorities. The discussion focused on positioning the Green Economy Model–Prosperity (GEM-P) as a practical, evidence-based tool for the Prime Minister’s Task Force, alongside advancing the launch and implementation of Pakistan’s Climate Prosperity Plan (CPP).
Viet Nam Calls for Stronger Global Commitments and Climate Finance at COP30
At the High-Level Segment of the COP30 in Belém, Brazil, the Socialist Republic of Viet Nam’s delegation, led by Deputy Minister Le Cong Thanh, recalled the principle of Common but Differentiated Responsibility and Respective Capabilities (CBRD-RC), demanding stronger action and financial commitment from the developed world.
Honduras and Suriname Pilot Sovereign Article 6.2 Carbon Credits for Rainforest Conservation
The Republics of Honduras and Suriname have signed a Letter of Intent (LoI) with Deutsche Bank, Bayer, Siemens, Symrise, and the Coalition for Rainforest Nations (CfRN) to pilot the issuance of high-integrity, rainforest-based carbon credits under Article 6.2 of the Paris Agreement.
Cambodia Unlocks USD 9.8 Million GCF Funding to Enhance Climate Resilience
Fifteen climate-vulnerable districts located in Battambang, Preah Vihear, and Pursat Provinces of Cambodia will receive adequate capacity and funding to better implement local climate resiliency plans, after the government secured USD 9.8 million for the Third Phase of Local Governments and Climate Change (LGCC-III).
Costa Rica Runs on Renewable Energy, Leaves Fossil Fuel Behind
Almost 100% renewable energy powers Costa Rica’s energy mix, with electricity harnessed from hydroelectric, geothermal, solar, and wind energy. Successful with its green transition that peaked a decade ago, the country now gears toward carbon neutrality by 2050.
