PRESS RELEASES

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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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.

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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.

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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.

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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.

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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.

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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).

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