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).
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.
When Climate Reality Hits Home: CVF-V20 Secretariat in Madagascar as a Category 4 Cyclone Makes Landfall
As a Category 4 cyclone slams into Madagascar’s coastline, the force of climate change is no longer abstract, it is immediate, physical, and deeply human. The CVF Secretariat team on the ground is witnessing firsthand how climate vulnerability translates into real-time emergency response, institutional coordination, and community resilience under pressure.
High Seas Treaty Enters Into Force
The first legally binding ocean instrument to provide for inclusive ocean governance, known as the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement, entered into force on January 17, 120 days after at least 60 countries have ratified the treaty.
Liberia to Implement Carbon Levy on Maritime Shipping
The Republic of Liberia becomes the third African country to introduce a carbon levy on maritime shipping, after Djibouti’s and Gabon’s domestic implementation. Starting on March 1 this year, the country will impose a USD 25 per tonne fee on CO2 emitted by ships entering and leaving its ports.
Marshall Islands Pioneers Climate Resilience Strategy for Atoll Nations
The Blue-Green Atolls Project by the Republic of Marshall Islands begins its preparation phase after securing approval from the Global Environment Facility (GEF) Trust Fund and the Special Climate Change Fund. Initial stages include technical assessments, stakeholder engagement, and the mobilization of complementary public and private finance. With the United Nations Development Programme as the implementing agency, the project receives USD 38.5 million from co-financing and USD 8.537 million from the GEF Project Grant.
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).
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