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 Climate Prosperity Plan (CPP) with effective legal provisions, institutional commitments, and sustainable financing. Sri Jayewardenepura Kotte, Sri Lanka | 28 August 2025—The Democratic Socialist Republic of Sri Lanka conducts a […] The post Sri Lanka Reviews the Sectoral Targets and Legal Provisions of its CPP appeared fir...| CVFV20.Org
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, a region deeply affected by the impacts of climate change. The Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) Secretariat visited Gilgit-Baltistan from July 22 to 23 to engage with […] The post Pakistan CPP Consultations Expand to Gilgit-Baltistan appeared first on CVFV20.Org.| CVFV20.Org
By Rachel Mundilo, Deputy Director for Parliaments and Courts, Membership and Partnership Coordination, CVF-V20 Secretariat July 18, 2025—At the recent Namibia Parliamentary Green Investment Dialogue, the Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) put forward a powerful message: developing nations need not choose between economic growth and climate action. The idea that countries must […] The post The Role of Parliaments in Establishing Community Green Zones appeared fir...| CVFV20.Org
Over 40 participants from key national government agencies, ministries, financial institutions, civil society, the private sector, and academia convened at the Tashi Yid-Wong Grand in Thimphu, Bhutan, on July 16 and 17 for a Consultation, Data Validation, and Capacity Building Workshop on Carbon Market Readiness. The event aimed to foster inclusive, multi-sectoral dialogue; validate essential data for carbon market readiness; and build the capacity of stakeholders across sectors—laying the ...| CVFV20.Org
In 2023, the total sovereign debt stock of V20 countries reached USD 1.01 trillion, equivalent to 25% of members’ Gross National Income (GNI). Eleven countries spend more than 25% of their government revenue on debt service alone. External debt service payments tripled over the past decade, rising from USD 47 billion in 2014 to USD 131 billion in 2024. V20 countries now spend four times more servicing debt compared to climate investments. To break this doom loop, the latest V20 Debt Review ...| CVFV20.Org
Manila, Philippines | July 17, 2025—Lawmakers from the Philippines and Climate Vulnerable Forum and V20 Finance Ministers (CVF-V20) nations were called to take center stage in the fight against climate change, as the CVF Global Parliamentary Group (GPG) demonstrated its role as the legislative engine driving climate investments into climate-vulnerable countries. The GPG was established […] The post CVF-V20 gathers PH lawmakers to drive climate prosperity agenda appeared first on CVFV20.Org.| CVFV20.Org
MANILA, Philippines | 17 July 2025—Philippine Senator Loren Legarda vowed to advance legislative measures in support of the country’s Climate Prosperity Investment Memorandum. The move is meant to establish the policy and regulatory framework needed to crowd-in climate-smart investments and sustainable economic growth. “The CVF’s vision, articulated in the development of Climate Prosperity Plans, speaks […]| CVFV20.Org
In April 2025, on the sidelines of the Spring Meetings of the World Bank and IMF, the V20 Finance Ministers adopted a communique outlining the key challenges that member countries face. As global temperatures rise and climate shocks worsen, official development assistance (ODA) and fiscal space continue to shrink. Historically high levels of debt servicing […]| CVFV20.Org