PRESS RELEASES

From Concept to Implementation: Lifeline Fund Enters Operationalisation Phase
Following the political launch of the Lifeline Fund on the margins of the 2026 Spring Meetings of the World Bank Group and International Monetary Fund, the Central Bank Governors Working Group convened a high-level technical meeting on 9-10 July 2026 in Bridgetown, Barbados to undertake detailed deliberations on principal design parameters of the Fund’s operational framework. The two-day meeting culminated the virtual consultation sessions on the Lifeline Fund conducted in May and June with V20 central banks.

Call for Applications: The V20 Climate Prosperity Fellowship Program (2026-2027)
The V20 Climate Prosperity Fellowship Program is designed to provide mid-career officials with opportunities for peer-learning, building cutting-edge technical skills to integrate climate change into their work, and supporting their leadership in advancing innovative solutions. The CVF-V20 has consistently emphasized the need to reform the international financial architecture to unlock opportunities on the ground to promote climate prosperity. Through weekly webinars, interactions with experts, residencies, and immersive exercises, V20 Climate Prosperity Fellows will have a unique opportunity to work together in advancing a fit for purpose international financial architecture.

Vulnerability to Viability: New compact will unlock affordable finance for climate-vulnerable countries
The world’s most climate-vulnerable countries are positioning themselves to access more affordable capital with longer repayment rates under a new Vulnerability to Viability (V2V) Compact, in partnerships with development finance institutions, led by the OPEC Fund for International Development (OPEC Fund). The V2V Compact was launched at the OPEC Fund Development Forum in Vienna today.

Caribbean Unites Around Climate Prosperity Agenda, Calls for Strengthening Climate and Disaster Risk Financing
Caribbean nations gathered in Bridgetown, Barbados on May 28 and 29 to advance solutions for closing climate financing and protection gaps, as the region faces escalating climate risks, mounting economic losses, and limited access to affordable finance.

African Parliaments Urged: Pull the Methane Emergency Brake
Methane reduction has emerged as one of the few climate interventions that can deliver measurable results this decade, and for vulnerable nations absorbing the costs of extreme weather, speed matters. In Nairobi in Ma, the CVF-V20 urged African lawmakers to turn that opportunity into policy.

Building Effective Support for Country-Led Approaches
In the margins of the Global Partnership Conference, the Climate Vulnerable Forum-V20 Finance Ministers (CVF-V20) Secretariat, Global Capacity Building Coalition (GCBC), and the Foreign, Commonwealth, and Development Office co-hosted a roundtable to discuss implementable reforms to support country platforms and other country-led approaches.

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

A “Running Start” Through Country Platforms
For nations on the frontlines of the climate crisis, vulnerabilities stem not just from exposure to climate impacts, but also the high debt burdens and

World’s First Blue-Carbon Sovereign Carbon Securities Launched in the Bahamas
The Bahamas has undertaken a ground-breaking initiative to use “Sovereign Carbon Securities” to generate revenue from their seagrass beds. Seagrass beds are underwater vegetation that



