PRESS RELEASES
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.
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.
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.
Call for Expressions of Interest: CVF-V20 Presidency
The Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) Troika now invite Member States to submit formal expressions of interest to assume the next Presidency of the CVF-V20.
COP24 Heeds Planetary Climate Emergency
Statement by the Chair of the Climate Vulnerable Forum Outcome of UNFCCC COP24 “UN Decision Marks Phase of Special Vigilance – Jumemmej – for International
Climate Vulnerable Forum: Risks of Extinction to Countries
Call for unity in line with the Jummemej Declaration Vulnerable countries stand with parties for strong COP24 outcome Watch the video of the event KATOWICE,
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