TASK FORCE ON CLIMATE, DEVELOPMENT, AND THE IFA
The V20 Secretariat is a member of the Task Force on Climate, Development, and the International Financial Architecture (IFA), a collaboration of leading experts and institutions committed to advancing a development-centered approach to climate policy within the international financial system.
Climate change presents profound risks to fiscal and financial stability, poverty reduction, economic equality, and the long-term growth prospects of the global economy. These risks disproportionately affect CVF-V20 economies. Policy responses to climate change, including transitions to low-carbon economies, can also generate significant spillover effects, which, if unmanaged, may exacerbate existing inequalities or destabilize economies already under pressure.
The mission of the Task Force is to advance a development-oriented climate policy in the international financial architecture through rigorous empirical research, policy engagement and strategic communications.
To bridge critical knowledge gaps, the Task Force produces research reports, technical papers, policy briefs, and commentary on a range of issues, including:
Macroeconomic and fiscal impacts of climate transitions
Climate-related financial risks and transition spillovers
Reform and implementation of the Resilience and Sustainability Trust (RST)
Strategies for inclusive and equitable climate finance, and more



