PRESS RELEASES

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.

CVF-V20 Countries Push for Climate Prosperity Initiatives with China
Countries from the Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) called for deeper collaboration with China to advance the implementation of Climate Prosperity Initiatives (CPIs)—investment blueprints aimed at transforming climate vulnerability into climate-driven economic growth.

African MPs Deliver Bold Call for Climate Finance and Green Development
Lawmakers from 21 African parliaments convened at the Second Africa Climate Summit (ACS2) on 08 September 2025 to issue a powerful, unified message: Africa has the solutions for a green and resilient future, but global partners must step up with the financing to match its ambitions.

Sri Lanka Reviews the Sectoral Targets and Legal Provisions of its CPP
In a high-level dialogue between the CVF-V20 delegation and Members of Parliament of Sri Lanka last 28 August 2025, conversations centered on advancing the country’s

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.

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.

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.
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