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V20 Senior Officials Convene to Drive Climate Resilience

The Senior Officials of the Vulnerable Twenty (V20) Group of Ministers of Finance of the Climate Vulnerable Forum (CVF), a dedicated initiative of 68 climate-vulnerable countries focused on financing initiatives, advocacy and partnership efforts for countries most threatened by climate change, convened virtually today to discuss the group’s achievements and…

Shielding the Vulnerable: The Potential Role of Insurance in Protecting the Most Vulnerable

CHAPEL HILL, NC, USA, Jul 07 (IPS) - Small Island Developing States (or SIDS) have been talking about loss and damage in an insurance context since the creation of the UNFCCC. The original 1990s outline of the UNFCCC included the proposal for an international insurance fund that would compensate low-lying countries for losses from rising sea levels in the future, however, this fund was never adopted in the final text.

Ministerial Dialogue X of the V20 Group

16 April 2023 Adopted We, the Ministers and Senior Representatives of the Vulnerable Twenty Group of Ministers of Finance from Africa, Asia, the Caribbean, Latin America, the Middle East, and the Pacific, met in Washington, D.C. on 16 April 2023 during the Spring Meetings of the International Monetary Fund and…

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