PRESS RELEASES

Provincial Governments Position Climate Innovation and Resilience at the Heart of Pakistan’s CPP

As Pakistan advances consultations for its Climate Prosperity Plan (CPP), provincial governments are stepping forward to align climate action with economic growth. Recent consultation sessions conducted by the CVF-V20 Secretariat with the Punjab Planning and Development Board and the Balochistan Planning and Development Department have highlighted how local actors are shaping the CPP through tailored initiatives that harness innovation, resilience, and investment opportunities.

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PH Completes In-Country Consultation and Stocktake in the Global Shield Implementation

The Republic of the Philippines continues to make strides as a country pathfinder under the G77-V20 Global Shield against Climate Risks initiative after completing the in-country process and stocktake, led by the Climate Finance Policy Group of the Department of Finance (DOF) and the Institute for Climate and Sustainable Cities (ICSC). Progress is underway for the gap analysis, bringing the country closer to developing its request for Climate and Disaster Risk Finance and Insurance (CDRFI) support.

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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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