V20 MINISTERIAL COMMUNIQUE VIII
21 April 2022 – As climate vulnerable economic managers, we nonetheless see new opportunities in building on the COP26 outcomes from the UN climate summit in Glasgow. Decisions for keeping 1.5ºC threshold target alive, including advances in international financing for loss and damage, and the doubling of adaptation finance, need to be realized while taking advantage of the current surge in fossil fuel costs to crowd investments into renewable energy and storage, while raising debt restructuring and credit enhancement as a climate resilience tool to safeguard creditors’ assets and vulnerable economies and unlocking new climate resources and ambition.
1st V20 Climate Vulnerables Finance Summit with the meeting of the V20 Ministers of Finance
Thursday 8 July 2021 – 1.30pm to 3.00pm GMT
Livestream of the 1st V20 Climate Vulnerables Finance Summit with the meeting of the V20 Ministers of Finance.