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.
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.
Pakistan CPP Consultations Expand to Gilgit-Baltistan
Gilgit-Baltistan, Pakistan | July 18, 2025—As part of its nationwide efforts to develop a robust Climate Prosperity Plan (CPP), Pakistan has expanded consultations to Gilgit-Baltistan,
Bhutan Bolsters Capacity for International Carbon Market Participation
Thimphu, Bhutan | July 18, 2025—Over 40 participants from key national government agencies, ministries, financial institutions, civil society, the private sector, and academia convened at
CVF-V20 gathers PH lawmakers to drive climate prosperity agenda
Manila, Philippines | July 17, 2025—Lawmakers from the Philippines and Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) nations were called to take center stage
Senator Legarda vows support for PH Climate Prosperity Investment Memo; backs PH hosting of CVF regional office
MANILA, Philippines | 17 July 2025—Philippine Senator Loren Legarda vowed to advance legislative measures in support of the country’s Climate Prosperity Investment Memorandum. The move
Global Shield Roundtable Highlights Progress: Advancing Climate and Disaster Risk Financing at Scale
Beneficiary countries and partners of the Global Shield against Climate Risks, gathered today at the premises of the Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) in Washington D.C. to take stock of progress made in the implementation of the Global Shield initiative, exchange lessons learned, and explore ways to scale up climate and disaster risk financing and insurance (CDRFI).
The Gambia Validates Bold Climate Prosperity Investment and Financing Strategy to Unlock Green Growth and Resilience
The Ministry of Finance and Economic Affairs (MoFEA) and the Ministry of Environment, Climate Change and Natural Resources (MECCNAR), in collaboration with the CVF-V20 Secretariat, hosted a national validation workshop in early October for The Gambia’s Climate Prosperity Investment and Financing Strategy in Banjul.
As World ‘Hurtles’ Past 1.5, Climate Vulnerable Nations Demand Urgent Adaptation Finance
Noting that the world has now “hurtled past” the 1.5°C limit of the Paris Agreement, leaders of the Climate Vulnerable Forum and V20 Finance Ministers (CVF–V20), representing 74 nations and 1.8 billion people, today issued a strong call for adaptation financing to help vulnerable developing countries cope with the massive climate impacts that are now unavoidable.
CVF-V20 Countries Push for Climate Prosperity Initiatives with China
Countries from the Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) called for deeper collaboration with China to advance the implementation of Climate Prosperity Initiatives (CPIs)—investment blueprints aimed at transforming climate vulnerability into climate-driven economic growth.
African MPs Deliver Bold Call for Climate Finance and Green Development
Lawmakers from 21 African parliaments convened at the Second Africa Climate Summit (ACS2) on 08 September 2025 to issue a powerful, unified message: Africa has the solutions for a green and resilient future, but global partners must step up with the financing to match its ambitions.
Sri Lanka Reviews the Sectoral Targets and Legal Provisions of its CPP
In a high-level dialogue between the CVF-V20 delegation and Members of Parliament of Sri Lanka last 28 August 2025, conversations centered on advancing the country’s
