PRESS RELEASES
Climate-Vulnerable Countries Assert Carbon Market Leadership
Climate-vulnerable nations from across Africa, Asia, the Caribbean, Latin America, and the Pacific convened today to spotlight concrete steps they are taking to harness high-integrity carbon markets as a driver of economic resilience and climate prosperity, demonstrating that they are not waiting for climate finance to arrive, but actively building the architecture to attract it.
V20 Central Bank Governors Advance the Lifeline Fund Following Political Launch at Spring Meetings
Central bank governors from climate-vulnerable countries today advanced the operational pathway for the Lifeline Fund, following its political launch at the 16th V20 Ministerial Dialogue on 14 April. The Lifeline Fund is a new multi-regional financial arrangement designed to provide rapid, targeted liquidity support to countries facing balance-of-payments pressures after climate shocks.
Global Shield Roundtable Calls for Coordinated Action to Strengthen Financial Resilience to Climate Risks
Climate-vulnerable countries, development banks, donors, regional risk pools, and private sector leaders gathered to discuss how multilateral financing can strengthen fiscal resilience and scale pre-arranged Climate and Disaster Risk Financing and Insurance (CDRFI) solutions.
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.
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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