PRESS RELEASES
IRS-CVF Dialogue Pitches $4.85 Billion Climate Investment Pipeline to China Ahead of Beijing Trade Fair
The Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) Secretariat and the Institute of Regional Studies (IRS), Islamabad, convened a high-level dialogue today to explore how Belt and Road Initiative (BRI) financing, Chinese technology, and business partnerships can support climate-resilient development in climate-vulnerable countries. Pakistan presented an investable pipeline of 69 projects worth USD 4.85 billion to Chinese officials and business leaders.
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.
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
Elevating Oceans to Stand Beside Forests in the COP30 Agenda
By His Excellency Dr. James Fletcher, CARICOM Climate Envoy As the CARICOM Climate Envoy, I join colleagues in the wider community of Small Island Developing
WHO Approves Climate Change and Health Action Plan
On 27 May, the World Health Assembly (WHA) – the decision making body of the World Health Organization (WHO), attended by delegates from member states
Bhutan’s Green Leap: 5000 MW Hydropower Deal with Adani
Bhutan | May 8, 2025—Bhutan is poised to dramatically expand its renewable energy capacity and deepen regional energy ties, having recently sealed a landmark partnership
Malawi gears up to unlock access to Global Shield
Lilongwe, Malawi | April 30, 2025—The Republic of Malawi continues its groundwork to develop an evidence-based Climate and Disaster Risk Finance and Insurance (CDRFI) support
CVF-V20 and IRS Join Forces to Boost South-South Climate Cooperation
Islamabad, Pakistan | June 3, 2025—The CVF-V20 and the Institute of Regional Studies (IRS) announced this month a strategic partnership aimed at accelerating Pakistan’s Climate
