PRESS RELEASES
Country Platforms Take Center Stage at COP30
Country Platforms are emerging as a practical mechanism to turn Climate Prosperity Plans (CPPs) into real, investable, and coordinated action.
This was emphasized during the high-level discussion titled “Role of CPP Country Platforms as Means of Implementation” convened on the sidelines of COP30 by the Government of Pakistan, in partnership with the Climate Vulnerable Forum and the V20 Finance Ministers (CVF-V20).
Climate-Vulnerable Nations Showcase Pathways to Prosperity
At the 30th Conference of the Parties (COP30) to the UN Framework Convention on Climate Change (UNFCCC), leaders from the Climate Vulnerable Forum and V20 Group of Finance Ministers (CVF-V20) showcased how Climate Prosperity Plans (CPPs) are transforming climate risk into opportunity—mobilizing investments, technology, and partnerships to drive inclusive, resilient economic growth.
Countries and Partners Share Perspectives on Delivery
At COP 30, senior officials from climate-vulnerable economies, developed countries, the COP30 Presidency, and key development partners called for a decisive shift toward country-led, mission-driven delivery anchored in strengthening national and local institutions and systems.
No Time to Lose: CVF-V20 Response to the Baku to Belem Roadmap to $1.3 Trillion
The CVF-V20 welcomes the publication of the Report on the Baku to Belém Roadmap to $1.3T. The horrific impact of the recent, category 5, Hurricane Melissa on Jamaica, Haiti and Cuba and Super Typhoon Fung-wong in the Philippines has only highlighted the growing severity of climate change and the damage it inflicts on countries least responsible for the crisis. The need for a clear and inclusive pathway to meet climate finance needs for the long haul could not be more urgent. Climate vulnerable economies have acted decisively and led the way by advancing ambitious Climate Prosperity Plans, through our nationally determined contributions, and national adaptation plans. It is time for COP30 to reflect similar ambition with the level of seriousness and urgency required to rapidly mobilize finance at the scale and speed demanded by climate science and the level of suffering being experienced in our countries.
Country Platforms as Delivery Units and Running Start of Climate Prosperity Agenda
The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) call for direct access funding of at least US$ 8 million to operationalize the climate prosperity agenda and establish country-led platforms across member states. This was emphasized during the Climate Prosperity Roundtable last 17 October 2025 in the margins of the 2025 Annual Meetings of the World Bank Group and the International Monetary Fund.
Tailored Initiative for Pacific Nations Climate Resilience
– The Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) Secretariat has officially launched the Pacific V20 Loss and Damage Funding Program (PacLAD) with a financial envelope of USD 2 million to support three Pacific Island nations: Fiji, the Republic of the Marshall Islands and Tonga. The official launch follows the finalisation of the Global Shield Request for Fiji at an inter-agency workshop hosted by the Ministry of Finance on 29 October 2025.
CVF-V20 Board Advances Governance Reforms as Secretary-General Nasheed Concludes Tenure
The Governing Board of the CVF-V20 convened its second meeting on Tuesday to review organizational priorities, strengthen governance arrangements, and guide the Forum’s next phase of leadership and institutional development. They also recognized the contributions of H.E. Mohamed Nasheed, former President of the Maldives and outgoing Secretary-General of the CVF-V20 Secretariat.
V20 Endorses New Compact with Development Finance Institutions
Finance ministers from climate-vulnerable countries warned Tuesday that the international system is hurtling towards converging fault lines in geopolitical turbulence, eroding the rule of law, economic fragmentation, and accelerating climate change. The ministers said, however, that the sense of despair must be defied with action as they endorsed a landmark new partnership with major development finance institutions (DFIs) designed to break the doom spiral.
CVF-V20 and GCF Advance Cooperation on Country-Led Delivery
Senior officials and technical staff from Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) member countries joined Green Climate Fund (GCF) officials on Monday for a candid exchange focused on how climate finance commitments can translate into capital deployed on the ground.
Nearly half of climate-vulnerable countries already outpace the US in solar adoption
As the US-Israel strikes on Iran send oil prices surging and deliver another fossil fuel shock to the world’s most vulnerable developing economies, a new report by global energy think tank Ember finds that the alternative is already being built.
Partners Rally in Banjul to Scale Climate Investments for The Gambia
The Government of The Gambia convened a high-level Climate Finance Roundtable in Banjul in collaboration with the International Monetary Fund (IMF) and the World Bank Group, bringing together senior government officials, development partners, and private sector leaders to shape a shared agenda for scaling climate-aligned investment and strengthening macroeconomic resilience.
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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