PRESS RELEASES
From Concept to Implementation: Lifeline Fund Enters Operationalisation Phase
Following the political launch of the Lifeline Fund on the margins of the 2026 Spring Meetings of the World Bank Group and International Monetary Fund, the Central Bank Governors Working Group convened a high-level technical meeting on 9-10 July 2026 in Bridgetown, Barbados to undertake detailed deliberations on principal design parameters of the Fund’s operational framework. The two-day meeting culminated the virtual consultation sessions on the Lifeline Fund conducted in May and June with V20 central banks.
Call for Applications: The V20 Climate Prosperity Fellowship Program (2026-2027)
The V20 Climate Prosperity Fellowship Program is designed to provide mid-career officials with opportunities for peer-learning, building cutting-edge technical skills to integrate climate change into their work, and supporting their leadership in advancing innovative solutions. The CVF-V20 has consistently emphasized the need to reform the international financial architecture to unlock opportunities on the ground to promote climate prosperity. Through weekly webinars, interactions with experts, residencies, and immersive exercises, V20 Climate Prosperity Fellows will have a unique opportunity to work together in advancing a fit for purpose international financial architecture.
Vulnerability to Viability: New compact will unlock affordable finance for climate-vulnerable countries
The world’s most climate-vulnerable countries are positioning themselves to access more affordable capital with longer repayment rates under a new Vulnerability to Viability (V2V) Compact, in partnerships with development finance institutions, led by the OPEC Fund for International Development (OPEC Fund). The V2V Compact was launched at the OPEC Fund Development Forum in Vienna today.
Caribbean Unites Around Climate Prosperity Agenda, Calls for Strengthening Climate and Disaster Risk Financing
Caribbean nations gathered in Bridgetown, Barbados on May 28 and 29 to advance solutions for closing climate financing and protection gaps, as the region faces escalating climate risks, mounting economic losses, and limited access to affordable finance.
African Parliaments Urged: Pull the Methane Emergency Brake
Methane reduction has emerged as one of the few climate interventions that can deliver measurable results this decade, and for vulnerable nations absorbing the costs of extreme weather, speed matters. In Nairobi in Ma, the CVF-V20 urged African lawmakers to turn that opportunity into policy.
Building Effective Support for Country-Led Approaches
In the margins of the Global Partnership Conference, the Climate Vulnerable Forum-V20 Finance Ministers (CVF-V20) Secretariat, Global Capacity Building Coalition (GCBC), and the Foreign, Commonwealth, and Development Office co-hosted a roundtable to discuss implementable reforms to support country platforms and other country-led approaches.
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.
Ghana validates updated CPP to scale green investments
Ghana has reached a turning point in its journey toward climate prosperity, following the formal review and validation of its updated Climate Prosperity Plan (CPP) at a national workshop in Accra on February 25, 2026. A defining feature of the updated CPP is its alignment with Ghana’s broader economic vision, as articulated in the 24-Hour Economy Policy, the Accelerated Export Development Programme, and the “Big Push” infrastructure initiative. By ensuring the alignment of all these roadmaps and frameworks, the government ensures that climate action serves as a powerful multiplier for job creation and industrial competitiveness.
CVF-V20, Pakistan Drive Climate Prosperity Forward at Murree High-Level Meeting
Senior government officials, including H.E Dr. Musadik Malik and Ms. Aisha Humera Ch., Minister and Secretary for the Ministry of Climate Change and Environmental Coordination, respectively, development partners, and technical experts gathered in Murree, Pakistan this week for a two-day high-level strategy meeting to advance Pakistan’s Climate Prosperity Agenda, setting the foundation for a more coordinated and implementation-focused national climate pathway.
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.
When Climate Reality Hits Home: CVF-V20 Secretariat in Madagascar as a Category 4 Cyclone Makes Landfall
As a Category 4 cyclone slams into Madagascar’s coastline, the force of climate change is no longer abstract, it is immediate, physical, and deeply human. The CVF Secretariat team on the ground is witnessing firsthand how climate vulnerability translates into real-time emergency response, institutional coordination, and community resilience under pressure.
