PRESS RELEASES

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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Country Platforms Take Center Stage at COP30

Country Platforms are emerging as a practical mechanism to turn Climate Prosperity Plans (CPPs) into real, investable, and coordinated action.

This was emphasized during the high-level discussion titled “Role of CPP Country Platforms as Means of Implementation” convened on the sidelines of COP30 by the Government of Pakistan, in partnership with the Climate Vulnerable Forum and the V20 Finance Ministers (CVF-V20).

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Climate-Vulnerable Nations Showcase Pathways to Prosperity

At the 30th Conference of the Parties (COP30) to the UN Framework Convention on Climate Change (UNFCCC), leaders from the Climate Vulnerable Forum and V20 Group of Finance Ministers (CVF-V20) showcased how Climate Prosperity Plans (CPPs) are transforming climate risk into opportunity—mobilizing investments, technology, and partnerships to drive inclusive, resilient economic growth.

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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.

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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.

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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.

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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.

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