FEATURES
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.
Lebanon Accelerates Climate Action, Launches Climate Policy Package
Risks of breaching the 1.5 °C Paris Agreement goal urged the Lebanese Republic to develop a climate policy package that brings together three key climate roadmaps—National Adaptation Plan (NAP 2025–2035), the updated Nationally Determined Contribution (NDC 3.0), and the Long-Term Low Emission Development Strategy (LT-LEDS).
Samoa Shows Leadership in Early Warning System and Disaster Risk Management
Early warning and early action are among Samoa’s national strategic priorities, embedding multi-hazard early warning systems and disaster risk financing frameworks into the country’s governance landscape.
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).
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.
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.
From Policy Ambition to Investment Readiness: Bhutan’s Progress with the V20–VCMI Carbon Finance Program
Through the Carbon Finance Program, Bhutan has accelerated the development of policy frameworks and strengthened the institutional foundations needed to advance the country’s participation in carbon markets, including the launch of a centralized carbon information platform.
From Ambition to Implementation: Kiribati’s Climate Investment Pathway
Efforts are now underway to update Kiribati’s Nationally Determined Contribution (NDC) Investment Plan, with the support of the Regional Pacific NDC Hub. First developed in 2021. the investment plan provides a structured roadmap for translating national climate targets into concrete investment opportunities.
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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