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
By CVF Youth Fellows As young leaders from the world’s most climate-vulnerable nations, we see the International Court of Justice’s (ICJ) advisory opinion not only as a legal milestone but as a generational breakthrough. It confirms what youth advocates have long asserted: that states carry binding obligations under international law to protect the climate system […] The post ICJ Climate Ruling Empowers Youth-Led Fight for Climate Justice appeared first on CVFV20.Org.| CVFV20.Org
July 30, 2025—Seventeen (17) new climate projects valued at USD1.225 billion are set to benefit low-income developing countries and small islands developing states, including 26 member countries of the Climate Vulnerable Forum and V20 Group (CVF-V20). These were deliberated and approved during the 42nd Green Climate Fund (GCF) Board Meeting held last June 30 to […] The post 42nd GCF Board Decisions Unlock Critical Support for 26 CVF-V20 Nations appeared first on CVFV20.Org.| CVFV20.Org
July 30, 2025—The Republic of Kenya has unveiled its first draft of the Climate Change (Carbon Registry) Regulations, marking a significant milestone in its efforts to establish a high-integrity, transparent national carbon market. The regulation introduces a digital National Carbon Registry designed to align with Article 6 of the Paris Agreement and position Kenya as […] The post Kenya Unveils Draft Regulations for National Carbon Registry appeared first on CVFV20.Org.| CVFV20.Org
July 30, 2025—A multibillion-dollar regional “debt-for-resilience” facility, supported by the Inter-American Development Bank (IDB), the World Bank, The Development Bank of Latin America and the Caribbean, and the Caribbean Development Bank, will pilot in Barbados before its official inauguration at the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change […] The post Barbados Takes the Lead in Regional Debt Swap Prototype appeared first on CVFV2...| 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
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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
V20 Climate Prosperity Fellowship Program 2025 Call for Applications In 2025, the Fellowship Program will expand to include officials from CVF-V20 Member States’ Permanent Missions to the United Nations in New York. This aims to equip diplomats assigned to the Second Committee with a comprehensive understanding of the V20’s positions on key issues discussed within […]| CVFV20.Org
V20 CLIMATE PROSPERITY PLANS The Climate Prosperity Plans (CPPs), launched during Bangladesh’s Presidency of the CVF, is a pioneering medium-to-long term national investment plan that offers a structured, detailed and strategic approach to deliver Sustainable Development Goals (SDGs) and project pipelines to attract investment into economy-wide resilience and sustainable development. The CPP aims to mobilize […]| CVFV20.Org
CVF-V20 Joint Multi-Donor Fund (JMDF) Purpose and Vision The Climate Vulnerable Forum (CVF) and V20 Finance Ministers (CVF–V20) Joint Multi-Donor Fund is a pooled funding mechanism launched in 2020 to support 74 climate-vulnerable countries—home to over 1.7 billion people and 22.4% of the global population. The Fund is designed to advance climate prosperity, promote South–South […]| CVFV20.Org
The Institute of Regional Studies (IRS) hosted the 4th Annual Regional Dialogue 2025, in Islamabad on 5 May. The dialogue, titled ‘Pathways to Peace and Prosperity in Turbulent Times’ saw policymakers and experts calling for urgent regional cooperation in tackling the escalating climate vulnerabilities of South Asian countries. Emphasizing that Pakistan is amongst the world’s […]| CVFV20.Org
The Risk-Informed Early Action Partnership (REAP) convened a roundtable, entitled ‘Getting ahead of disasters: government and regional perspectives on the current state of finance for early action’, in Nairobi in May. In attendance were government officials and representatives from regional bodies from African, Asian, Caribbean and Pacific countries. Climate vulnerable countries are confronted with significant […]| 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
The Fourth Financing for Development Conference (FfD4), scheduled from 30 June to 3 July in Seville, Spain, is a crucial opportunity for CVF countries to address systemic barriers to building economic resilience and sustainable development in an increasingly polarized world. Four preparatory committee meetings have been held, which aimed to refine policy recommendations, assess progress […]| CVFV20.Org
Lilongwe, Malawi | April 30, 2025—The Republic of Malawi continues its groundwork to develop an evidence-based Climate and Disaster Risk Finance and Insurance (CDRFI) support request to the Global Shield with the completion of its Stocktake Report and Gap Analysis. With a funding stream of €350 million, Global Shield is active in 16 countries […]| CVFV20.Org
Washington D.C., 24 April 2025 —Vulnerable Twenty (V20) Finance Ministers of the Climate Vulnerable Forum (CVF), representing 74 vulnerable countries, convened today for the 14th Ministerial Dialogue, held on the sidelines of the Spring Meetings of the World Bank Group (WBG) and International Monetary Fund (IMF). Themed “Enabling Climate Prosperity: A Global Agenda for Jobs, […]| CVFV20.Org
Download Report Download Executive Summary We are living through another year of records. A year when hurricanes, floods, droughts and landslides have destroyed lives and property all over the world; a year when prolonged drought and heat stress have fuelled food crises, conflict and migration. The ten biggest climate-related disasters in 2024 cost more than […]| CVFV20.Org
