PRESS RELEASES

Bhutan Accelerates Climate Action with Transition from Carbon Market Readiness to Implementation

The Royal Government of Bhutan today marked a significant milestone in its climate leadership journey with the High-Level Validation Workshop and the official launch of the Bhutan Carbon Market Information Platform, organized by the Department of Environment and Climate Change (DECC) under the Ministry of Energy and Natural Resources (MoENR), in collaboration with the Climate Vulnerable Forum and V20 Group of Finance Ministers (CVF-V20) Secretariat.

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Bhutan Launches Resource Mobilization Plan to Drive Sustainable Economic Growth and High-Resilience Development

The Bhutan Resource Mobilization Plan (BRMP) was launched today by the Ministry of Finance of the Royal Government of Bhutan, with support from the Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20). The groundbreaking plan is meant to help establish Bhutan as a high-income Gross National Happiness (GNH) economy by 2034 and deliver ten-fold economic growth by 2050.

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CVF-V20, Pakistan Drive Climate Prosperity Forward at Murree High-Level Meeting

Senior government officials, including H.E Dr. Musadik Malik and Ms. Aisha Humera Ch., Minister and Secretary for the Ministry of Climate Change and Environmental Coordination, respectively, development partners, and technical experts gathered in Murree, Pakistan this week for a two-day high-level strategy meeting to advance Pakistan’s Climate Prosperity Agenda, setting the foundation for a more coordinated and implementation-focused national climate pathway.

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CVF-V20 and Ghana Launch Akosombo Loss and Damage Funding Program (AkoLAD) to Strengthen Community Resilience

The Climate Vulnerable Forum and V20 (CVF-V20) and the Government of Ghana, led by the Office of the Minister of State for Climate Change & Sustainability, announced the launch of the Akosombo Loss and Damage Funding Program (AkoLAD) — a targeted initiative designed to support communities affected by climate-induced flooding and strengthen long-term resilience.

AkoLAD forms part of the broader V20 Loss and Damage Funding Program and is financed through the Global Shield Financing Window of the CVF-V20 Joint Multi-Donor Fund (JMDF), with a contribution from the Government of Wallonia. The program is implemented in partnership with CARE Denmark and national partners.

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