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.
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.
Call for Expressions of Interest: CVF-V20 Presidency
The Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) Troika now invite Member States to submit formal expressions of interest to assume the next Presidency of the CVF-V20.
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.
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.
CVF-V20 and Ghana Launch Akosombo Loss and Damage Funding Program (AkoLAD) to Strengthen Community Resilience
The Climate Vulnerable Forum and V20 (CVF-V20) and the Government of Ghana, led by the Office of the Minister of State for Climate Change & Sustainability, announced the launch of the Akosombo Loss and Damage Funding Program (AkoLAD) — a targeted initiative designed to support communities affected by climate-induced flooding and strengthen long-term resilience.
AkoLAD forms part of the broader V20 Loss and Damage Funding Program and is financed through the Global Shield Financing Window of the CVF-V20 Joint Multi-Donor Fund (JMDF), with a contribution from the Government of Wallonia. The program is implemented in partnership with CARE Denmark and national partners.
V20 Central Bank Governors Advance the Lifeline Fund Following Political Launch at Spring Meetings
Central bank governors from climate-vulnerable countries today advanced the operational pathway for the Lifeline Fund, following its political launch at the 16th V20 Ministerial Dialogue on 14 April. The Lifeline Fund is a new multi-regional financial arrangement designed to provide rapid, targeted liquidity support to countries facing balance-of-payments pressures after climate shocks.
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.
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 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.
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.
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