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

Recap on CVF-V20’s Pathway to Prosperity
In April 2025, on the sidelines of the Spring Meetings of the World Bank and IMF, the V20 Finance Ministers adopted a communique outlining the

Recap: The Fourth Financing for Development Conference
The Fourth Financing for Development Conference (FfD4), scheduled from 30 June to 3 July in Seville, Spain, is a crucial opportunity for CVF countries to

A “Running Start” Through Country Platforms
For nations on the frontlines of the climate crisis, vulnerabilities stem not just from exposure to climate impacts, but also the high debt burdens and

World’s First Blue-Carbon Sovereign Carbon Securities Launched in the Bahamas
The Bahamas has undertaken a ground-breaking initiative to use “Sovereign Carbon Securities” to generate revenue from their seagrass beds. Seagrass beds are underwater vegetation that

Elevating Oceans to Stand Beside Forests in the COP30 Agenda
By His Excellency Dr. James Fletcher, CARICOM Climate Envoy As the CARICOM Climate Envoy, I join colleagues in the wider community of Small Island Developing

WHO Approves Climate Change and Health Action Plan
On 27 May, the World Health Assembly (WHA) – the decision making body of the World Health Organization (WHO), attended by delegates from member states



