Green Economic Model Training Held in Bhutan

Paro, Bhutan | June 16, 2025—The Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) Secretariat, in collaboration with Bhutan’s Ministry of Finance, held a two-day training workshop on the Green Economic Model in Paro on June 14–15. The workshop convened senior government officials, technical experts, and representatives from nine ministries to deepen their understanding of the model and explore its practical applications for policy-making.

The sessions covered the principles and detailed insights on the Green Economic Model, introduction to software, pathways for carbon market participation, economic “what if” and “causal loop” simulation exercises, and an overview of actionable strategies and insights embedded in Bhutan’s Resource Mobilization Strategy framework.

This initiative reinforces CVF-V20’s commitment to enhancing member countries’ capacity and finding ways to showcase Bhutan’s global leadership as one of the world’s few net-negative emission countries. It also builds foundational capacity for the rollout of implementation plans that integrate climate ambition with investment-ready project pipelines.

***

About CVF-V20

The CVF-V20 represents 74 member-countries from small island developing states (SIDS), least developed countries (LDCs), low-to-middle income countries (LMICs), landlocked developing countries (LLDCs), and fragile and conflict-affected states (FCS). Working together, the CVF-V20 aims to achieve climate justice through the realization of Climate Prosperity Plans, which contain ambitious economic and financial resilience strategies designed to attract investment and resources that advance the attainment of the Sustainable Development Goals (SDGs), 30×30 Global Biodiversity, and help keep the average global temperatures to the Paris Agreement’s 1.5°C safety threshold.

Contact

For media enquiries, please contact [email protected]. 

For the latest updates, please follow us on:

CVF-V20 Membership

Africa: Benin, Burkina Faso, Cabo Verde, Chad, Comoros, Côte d’Ivoire, Democratic Republic of the Congo, Eswatini, Ethiopia, Gabon, The Gambia, Ghana (Troika), Guinea, Kenya, Liberia, Madagascar, Malawi, Morocco, Mozambique, Namibia, Niger, Rwanda, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Tanzania, Togo, Tunisia, Uganda

Asia: Afghanistan, Bangladesh (Troika), Bhutan, Cambodia, Kyrgyzstan, Maldives, Mongolia, Nepal, Pakistan, Philippines, Sri Lanka, Timor-Leste, Vietnam

Caribbean: Barbados (Chair/Troika), Dominica, Dominican Republic, Grenada, Guyana, Haiti, Saint Lucia, Suriname, Trinidad and Tobago

Latin America: Colombia, Costa Rica, Guatemala, Honduras, Nicaragua, Paraguay

Middle East: Jordan, Lebanon, Palestine, Yemen

Pacific: Fiji, Kiribati, Marshall Islands, Nauru, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu