PRESS RELEASES
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.
Pakistan CPP Consultations Expand to Gilgit-Baltistan
Gilgit-Baltistan, Pakistan | July 18, 2025—As part of its nationwide efforts to develop a robust Climate Prosperity Plan (CPP), Pakistan has expanded consultations to Gilgit-Baltistan,
Bhutan Bolsters Capacity for International Carbon Market Participation
Thimphu, Bhutan | July 18, 2025—Over 40 participants from key national government agencies, ministries, financial institutions, civil society, the private sector, and academia convened at
From Concept to Implementation: Lifeline Fund Enters Operationalisation Phase
Following the political launch of the Lifeline Fund on the margins of the 2026 Spring Meetings of the World Bank Group and International Monetary Fund, the Central Bank Governors Working Group convened a high-level technical meeting on 9-10 July 2026 in Bridgetown, Barbados to undertake detailed deliberations on principal design parameters of the Fund’s operational framework. The two-day meeting culminated the virtual consultation sessions on the Lifeline Fund conducted in May and June with V20 central banks.
Call for Applications: The V20 Climate Prosperity Fellowship Program (2026-2027)
The V20 Climate Prosperity Fellowship Program is designed to provide mid-career officials with opportunities for peer-learning, building cutting-edge technical skills to integrate climate change into their work, and supporting their leadership in advancing innovative solutions. The CVF-V20 has consistently emphasized the need to reform the international financial architecture to unlock opportunities on the ground to promote climate prosperity. Through weekly webinars, interactions with experts, residencies, and immersive exercises, V20 Climate Prosperity Fellows will have a unique opportunity to work together in advancing a fit for purpose international financial architecture.
Vulnerability to Viability: New compact will unlock affordable finance for climate-vulnerable countries
The world’s most climate-vulnerable countries are positioning themselves to access more affordable capital with longer repayment rates under a new Vulnerability to Viability (V2V) Compact, in partnerships with development finance institutions, led by the OPEC Fund for International Development (OPEC Fund). The V2V Compact was launched at the OPEC Fund Development Forum in Vienna today.
Caribbean Unites Around Climate Prosperity Agenda, Calls for Strengthening Climate and Disaster Risk Financing
Caribbean nations gathered in Bridgetown, Barbados on May 28 and 29 to advance solutions for closing climate financing and protection gaps, as the region faces escalating climate risks, mounting economic losses, and limited access to affordable finance.
African Parliaments Urged: Pull the Methane Emergency Brake
Methane reduction has emerged as one of the few climate interventions that can deliver measurable results this decade, and for vulnerable nations absorbing the costs of extreme weather, speed matters. In Nairobi in Ma, the CVF-V20 urged African lawmakers to turn that opportunity into policy.
Building Effective Support for Country-Led Approaches
In the margins of the Global Partnership Conference, the Climate Vulnerable Forum-V20 Finance Ministers (CVF-V20) Secretariat, Global Capacity Building Coalition (GCBC), and the Foreign, Commonwealth, and Development Office co-hosted a roundtable to discuss implementable reforms to support country platforms and other country-led approaches.
