PRESS RELEASES

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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Statement of the Barbados CVF-V20 Presidency on COP30

Barbados makes five specific calls at the High-Level Segment of COP30 in Belem Brazil: (1) Fix the finance; (2) Fill the Fund for responding to Loss and Damage; (3) Save our small islands developing states (SIDS), also known as Large Ocean States; (4) Pull the Emergency Methane Brake; (5) Collaborate through a Coalition of the Willing.

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