The Philippines will be developing its Climate Prosperity Plan this year in resilience-building and the low-carbon transition, paving the way for strengthened country platforms. Department of Finance dof.gov.ph/dof-takes-on-a…

To amplify the Philippines' call for innovative climate finance solutions, Department of Finance has taken part in the 12th V20 Ministerial Dialogue and other high-level discussions hosted by the V20 on the sidelines of the Spring Meetings of the World Bank and the IMF. dof.gov.ph/dof-takes-on-a…

NEW research co-produced with V20 Finance Ministers finds that V20 members are expected to pay $904.7 billion in debt service over 2022-2030, illustrating the need for a multi-pronged approach to tackle sovereign debt distress.

Read the policy brief: gdpcenter.org/3WxIFTc

The application period for Climate Vulnerable Forum V20 Finance Ministers Youth Fellowship Program is extended until MAY 24, 2024. o apply, go to: bit.ly/cvfyouth. For more details, go to: climatereality.ph/youthfellowshi…. #RewriteCOP #LeadOnClimate #ClimateRealityPH

The Climate Change Office of Sri Lanka, Climate Vulnerable Forum, and Nativa Capital of Portugal signed a memo of understanding in Colombo to work together on a farming and forest protection project which will bring prosperity to 15,000 families in Anuradhapura District. thecvf.org/blog/sri-lanka…

'To respond to the scale of the crises we are seeing in the developing world, MDBs must dramatically increase the funding available to vulnerable low-income and middle-income countries, while improving operations and better assessing impact.' G20 Brasil g20.org/en/news/a-stro…

Delighted to sign agreement with Sri Lanka and Nativa Capital of Portugal for ~$120m investment in Sri Lanka’s farming sector, & forest protection. This is the 1st investment in a project identified in 🇱🇰 Climate Prosperity Plan. Ruwan Wijewardene

.Climate Vulnerable Forum Secretary-General Mohamed Nasheed: Freedom of expression and democracy is the most important adaptation measure against climate change. nepalitimes.com/news/democracy…

The tragic events unfolding in Tanzania emphasizes the need for the expansion of concessional access with new resources for climate-vulnerable countries. At #WorldBankSpringMeetings , the V20 called for the tripling of the International Documentary Association (IDA) Fund to USD279 billion. aljazeera.com/news/2024/4/25…

Devastating floods in Kenya highlight the urgency of addressing climate impacts. At the #WorldBankSpringMeetings , the V20 urged increased resources for loss and damage faced by vulnerable communities and to operationalize an inclusive #LossAndDamageFund .aljazeera.com/gallery/2024/4…

Check out our V20 Finance Ministers communiqué analysis⤵️

Vulnerable countries issue call to action, as net-negative official flows result in ‘millions in, billions out’ amid growing debt burdens

#IMFMeetings #WBGMeetings

tinyurl.com/V20Springs24

In line with our call to #RewriteCOP , we've partnered with Climate Vulnerable Forum V20 Finance Ministers to equip youth leaders with the skills and knowledge to influence climate policy discussions across all levels.

APPLY NOW TO THE CVF YOUTH FELLOWSHIP PROGRAM!

Learn more: climatereality.ph/youthfellowshi….

NEW from Bretton Woods Proj.: V20 Finance Ministers’s Spring Meetings communique calls (again) for real action on debt and financing, as future growth outlook darkens

#WBGMeetings #IMFMeetings

👉 brettonwoodsproject.org/2024/04/v20-co…

The V20 shares its views concerning the composition of finance under the #NCQG , calling for concessional, long-term financing for climate change and for reforms that will “make debt work for the climate.” #COP29 v-20.org/v20-views-on-t…

GCF Executive Director Mafalda Duarte participated in discussions at V20 Finance Ministers Climate Vulnerable Forum meetings to reiterate Green Climate Fund's commitment to efficiently deliver climate finance for the most vulnerable.

#ICYMI 👉 Our 2024-2027 Strategic Plan g.cf/usp2

.Green Climate Fund joins the call of V20 Finance Ministers Climate Vulnerable Forum to speed up and scale up climate finance to boost the resilience of vulnerable nations— mobilising concessional finance and grants to unlock transformative #climateaction solutions. Read the full communiqué 🔽 g.cf/49Ugtg6