PRESS RELEASES
Global Shield Roundtable Calls for Coordinated Action to Strengthen Financial Resilience to Climate Risks
Climate-vulnerable countries, development banks, donors, regional risk pools, and private sector leaders gathered to discuss how multilateral financing can strengthen fiscal resilience and scale pre-arranged Climate and Disaster Risk Financing and Insurance (CDRFI) solutions.
CVF-V20 Board Advances Governance Reforms as Secretary-General Nasheed Concludes Tenure
The Governing Board of the CVF-V20 convened its second meeting on Tuesday to review organizational priorities, strengthen governance arrangements, and guide the Forum’s next phase of leadership and institutional development. They also recognized the contributions of H.E. Mohamed Nasheed, former President of the Maldives and outgoing Secretary-General of the CVF-V20 Secretariat.
V20 Endorses New Compact with Development Finance Institutions
Finance ministers from climate-vulnerable countries warned Tuesday that the international system is hurtling towards converging fault lines in geopolitical turbulence, eroding the rule of law, economic fragmentation, and accelerating climate change. The ministers said, however, that the sense of despair must be defied with action as they endorsed a landmark new partnership with major development finance institutions (DFIs) designed to break the doom spiral.
CVF-V20 and GCF Advance Cooperation on Country-Led Delivery
Senior officials and technical staff from Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) member countries joined Green Climate Fund (GCF) officials on Monday for a candid exchange focused on how climate finance commitments can translate into capital deployed on the ground.
Nearly half of climate-vulnerable countries already outpace the US in solar adoption
As the US-Israel strikes on Iran send oil prices surging and deliver another fossil fuel shock to the world’s most vulnerable developing economies, a new report by global energy think tank Ember finds that the alternative is already being built.
Partners Rally in Banjul to Scale Climate Investments for The Gambia
The Government of The Gambia convened a high-level Climate Finance Roundtable in Banjul in collaboration with the International Monetary Fund (IMF) and the World Bank Group, bringing together senior government officials, development partners, and private sector leaders to shape a shared agenda for scaling climate-aligned investment and strengthening macroeconomic resilience.
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.
Carbon Finance Program Upscales Efforts to Close Climate Investment Gap in Climate Vulnerable Nations
The Climate Vulnerable Forum and its V20 Finance Ministers (CVF-V20) will work with the Voluntary Carbon Markets Integrity Initiative (VCMI) to upscale the Carbon Finance Program in reach and impact, supporting more climate-vulnerable countries to host high-integrity carbon projects that yield tangible climate, nature, and sustainable development benefits.
V20 Finance Ministers Call for a Global Reset from Austerity to Growth-Generating Investments
The V20 Finance Ministers, representing the world’s most climate-vulnerable economies, convened today at the 15th V20 Ministerial Dialogue at the International Monetary Fund (IMF) Headquarters in Washington, D.C., to advance the Debt–Growth Agenda—a bold call to replace austerity-driven policies with investment-led growth and climate resilience.
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.
