PRESS RELEASES

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.

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.

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

CVF-V20 Champions Climate Prosperity at Pakistan’s NDC 3.0 Dialogue
Islamabad, Pakistan | July 16, 2025—The Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) Secretariat participated in the High-Level National Dialogue on Pakistan’s Nationally Determined

Breaking the Sovereign Debt Doom Loop: Reprofiling with rate cuts can unlock USD $454 billion until 2031 says new report
1 July 2025, Sevilla, Spain – A debt review just released by a bloc of 74 finance ministers revealed climate vulnerable countries are spending four

Green Economic Model Training Held in Bhutan
Paro, Bhutan | June 16, 2025—The Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) Secretariat, in collaboration with Bhutan’s Ministry of Finance, held a two-day

Carbon Market Readiness Support Program Launched in Bhutan
Thimpu, Bhutan | June 12, 2025—The Government of Bhutan and the CVF-V20 Secretariat have officially signed a pioneering initiative to accelerate Bhutan’s access into both
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Bhutan’s Journey Toward Prosperity

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