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X-ORIGINAL-URL:https://www.v-20.org/
X-WR-CALNAME:V20: The Vulnerable Twenty Group
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BEGIN:VEVENT
CLASS:PUBLIC
UID:MEC-dc3adabb7efe88ae26a804e45cc8d245@v-20.org
DTSTART:20210708T133000Z
DTEND:20210708T150000Z
DTSTAMP:20210705T055000Z
CREATED:20210705
LAST-MODIFIED:20210709
PRIORITY:5
TRANSP:OPAQUE
SUMMARY:1st V20 Climate Vulnerables Finance Summit
DESCRIPTION:[vc_row mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″][vc_column mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_sticky_column=”false” parallax_scroll=”no” mobile_reset_margin=”no” tablet_reset_margin=”no”][vc_column_text text_larger=”no”]\n\nThursday 8 July 2021 – 1.30pm to 3.00pm GMT\n\n[/vc_column_text][vc_single_image image=”18774″ img_size=”full” alignment=”center” parallax_scroll=”no”][vc_column_text text_larger=”no”]\n\nTo contribute new momentum behind economic and finance solutions for a just, resilient, and green recovery, the Vulnerable Twenty Group (V20), led by Bangladesh, is convening an inaugural Climate Vulnerables Finance Summit.\n\n[/vc_column_text][vc_column_text text_larger=”no”]\n\nLIVESTREAM IN OTHER LANGUAGES\n\n[/vc_column_text][/vc_column][/vc_row][vc_row mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″][vc_column width=”1/4″][vc_btn title=”Livestream in English” style=”flat” shape=”square” color=”blue” link=”url:https%3A%2F%2Fyoutu.be%2FoQCBWfFLPFc||target:%20_blank|”][/vc_column][vc_column width=”1/4″][vc_btn title=”Livestream in French” style=”flat” shape=”square” color=”blue” link=”url:https%3A%2F%2Fyoutu.be%2FgDuR787NhJg||target:%20_blank|”][/vc_column][vc_column width=”1/4″][vc_btn title=”Livestream in Spanish” style=”flat” shape=”square” color=”blue” link=”url:https%3A%2F%2Fyoutu.be%2FOgqPtbTSy6s||target:%20_blank|”][/vc_column][vc_column width=”1/4″][vc_btn title=”Livestream in Arabic” style=”flat” shape=”square” color=”blue” link=”url:https%3A%2F%2Fyoutu.be%2FG2Te4zTkRdM||target:%20_blank|”][/vc_column][/vc_row][vc_row mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″ css=”.vc_custom_1625576905772{margin-top: 30px !important;border-top-width: 30px !important;padding-top: 30px !important;}”][vc_column mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_sticky_column=”false” parallax_scroll=”no” mobile_reset_margin=”no” tablet_reset_margin=”no”][vc_column_text text_larger=”no”]\n\nDETAILED PROVISIONAL PROGRAM\n\n[/vc_column_text][/vc_column][/vc_row][vc_row mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″][vc_column width=”1/4″ mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_sticky_column=”false” parallax_scroll=”no” mobile_reset_margin=”no” tablet_reset_margin=”no”][vc_column_text text_larger=”no”]\n\nITEMS\n\n[/vc_column_text][vc_column_text text_larger=”no”]OPENING AND LEADERS SESSION\n70 mins[/vc_column_text][/vc_column][vc_column width=”3/4″][vc_column_text text_larger=”no”]\n\nHIGH-LEVEL STATEMENTS\n\n[/vc_column_text][vc_column_text text_larger=”no”] Keynotes – Regional Viewpoints Heads of State and Government\nSelect global thought leaders[/vc_column_text][vc_column_text text_larger=”no”]H.E. Sheikh Hasina, MP\nChair of the Climate Vulnerable Forum (CVF)\nHon. Prime Minister of Bangladesh[/vc_column_text][vc_separator][vc_column_text text_larger=”no”]H.E. Sahle-Work Zewde\nHon. President of Ethiopia\nH.E. Iván Duque Márquez\nHon. President of Colombia\nH.E. Carlos Alvarado Quesada\nHon. President of Costa Rica\nH.E. Christopher Loeak\nHon. Acting President of the Republic of Marshall Islands\nH.E. António Guterres\nSecretary-General of the United Nations\nH.E. John Kerry\nHon. United States Special Presidential Envoy for Climate\nH.E. Rt Hon Alok Sharma, MP\nCOP26 President Designate, United Kingdom\nMr. David Malpass\nPresident, World Bank Group\nMr. Masatsugu Asakawa\nPresident, Asian Development Bank\nMr. Jin Liqun\nPresident, Asian Infrastructure Investment Bank\nMr. Werner Hoyer\nPresident, European Investment Bank\nH.E. Ban Ki-moon\nChair of the Board, Global Center on Adaptation and 8th Secretary-General of the United Nations\nH.E. Sheikh Hasina, MP\nChair of the Climate Vulnerable Forum (CVF)\nHon. Prime Minister of Bangladesh[/vc_column_text][vc_separator][vc_column_text text_larger=”no”]\nOpening and Leaders’ Session Moderator\n[/vc_column_text][vc_column_text text_larger=”no”]H.E. Mohamed Nasheed\nCVF Founding Chair & Thematic Ambassador for Ambition\nHon. Former President of the Maldives, Speaker of the People’s Majlis[/vc_column_text][/vc_column][/vc_row][vc_row mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″][vc_column mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_sticky_column=”false” parallax_scroll=”no” mobile_reset_margin=”no” tablet_reset_margin=”no”][vc_separator][/vc_column][/vc_row][vc_row mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″][vc_column width=”1/4″ mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_sticky_column=”false” parallax_scroll=”no” mobile_reset_margin=”no” tablet_reset_margin=”no”][vc_column_text text_larger=”no”]\nMINISTERIAL ROUNDTABLES\n80 mins[/vc_column_text][/vc_column][vc_column width=”3/4″][vc_column_text text_larger=”no”]\nChair of the V20 Ministerial Dialogue VII\n[/vc_column_text][vc_column_text text_larger=”no”]H.E. AHM Mustafa Kamal, MP\nHon. Minister of Finance of Bangladesh and V20 Chair\nMs. Fatima Yasmin\nSecretary, Economic Relations Division of Bangladesh\nPresentation of the report of the Senior Officials[/vc_column_text][vc_separator][vc_column_text text_larger=”no”]\nPLANETARY RECOVERY & PROSPERITY\nH.E. Md. Shahab Uddin, MP\nHon. Minister of Environment, Forestry and Climate Change of Bangladesh\nV20 Ministers of Finance\nH.E. Ibrahim Ameer\nHon. Minister of Finance and Treasury of Maldives\nH.E. Lyonpo Namgay Tshering\nHon. Minister of Finance of Bhutan\nH.E. Michel Patrick Boisvert\nHon. Minister Economy and Finance of Haiti\nH.E. Mambury Njie\nHon. Minister of Finance and Economic Affairs, The Gambia\nH.E. Ajith Nivard Cabraal\nHon. State Minister of Money & Capital Market and State Enterprise Reforms of Sri Lanka\nH.E. Dr. Uwera Claudine\nHon. Minister of State in Charge of Economic Planning of Rwanda\nMs. Liliam Rivera\nUndersecretary of Credit and Public Investment, Ministry of Finance of Honduras\nMs. Paola Alvarez\nAssistant Secretary of Finance of the Philippines\nG20 and Key Partners\nH.E. Rt Hon Rishi Sunak, MP\nHon. Chancellor of the Exchequer of the United Kingdom\nDr. Maria Flachsbarth\nParliamentary State Secretary, Federal Minister for Economic Cooperation and Development of Germany\nMr. Vitor Gaspar\nDirector, Fiscal Affairs Department of the International Monetary Fund\nMr. Carlos Manuel Rodriguez\nCEO and Chairperson of Global Environment Facility\nMr. Yannick Glemarec\nExecutive Director of Green Climate Fund\nMr. Francesco La Camera\nDirector-General of International Renewable Energy Agency\nMr. Toshinori Doi\nDirector of ASEAN+3 Macroeconomic Research Office[/vc_column_text][vc_separator][vc_column_text text_larger=”no”]\nV20 VISION & WORK PLAN\nH.E. Dr. A.K. Abdul Momen, MP\nHon. Minister of Foreign Affairs or Bangladesh\nV20 Ministers of Finance\nH.E.. Gregory Bowen\nHon. Minister of Finance of Grenada\nH.E. Lassané Kabore\nHon. Minister of Economy, Finance, and Development of Burkina Faso\nH.E. Elian Villegas Valverde\nHon. Minister of Finance of Costa Rica\nH.E. Alfred Alfred Jr.\nHon. Minister of Finance of Marshall Islands\nH.E. Rui Augusto Gomes\nHon. Minister of Finance of Timor-Leste\nH.E. Ryan Straughn\nHon. Minister of Finance, Barbados\nH.E. Alvaro González Ricci\nHon. Minister Finance of Guatemala\nH.E. Amb. Ukur Yatani Kanacho\nHon. Cabinet Secretary of The National Treasury and Planning of Kenya\nH.E. Yasmin Wohabrebbi\nHon. State Minister for External Economic Cooperation of Ministry of Finance of Ethiopia\nMs. María José Martínez\nVice Minister of Finance of Dominican Republic\nMs. Abena Osei-Asare\nDeputy Minister of Finance of Ghana\nMr. Amadou Lamine Guissé\nPermanent Secretary of the Ministry of Environment and Sustainable Development of Senegal\nG20 and Key Partners\nMr. Jochen Flasbarth\nState Secretary, Federal Ministry for the Environment, Nature Conservation and Nuclear Safety, Germany\nBaroness Bryony Worthington \nCo-Director, Quadrature Foundation\nMr. Lo Sze Ping\nProgram Director, Sequoia Climate Foundation\nMs. Grete Faremo\nExecutive Director of United Nations Office for Project Services\nDr. Xiaomeng Shen\nVice-Rector in Europe and Director of UNU-EHS\nMs. Ekhosuehi Iyahen\nSecretary General of Insurance Development Forum\nMs. Kate Hampton\nChief Executive Officer of Children’s Investment Fund Foundation\nMINISTERIAL DIALOGUE NEXT STEPS, DECISION & CLOSING\nMr. Abul Kalam Azad\nClimate Vulnerable Forum Special Envoy[/vc_column_text][/vc_column][/vc_row][vc_row disable_element=”yes” css=”.vc_custom_1625670296406{margin-top: 0px !important;border-top-width: 0px !important;padding-top: 0px !important;}” mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″][vc_column][vc_column_text text_larger=”no”]\n\nNON-SPEAKERS\n\n[/vc_column_text][vc_column_text text_larger=”no”]V20 Member Countries[/vc_column_text][vc_column_text text_larger=”no”]\n\nRepresentatives from Ministry of Finance, Vietnam\nRepresentatives from Ministry of Finance and Public Credit, Colombia\nRepresentatives from Ministry of Finance, Palestine\n\n[/vc_column_text][vc_column_text text_larger=”no”]G20 and Partners[/vc_column_text][vc_column_text text_larger=”no”]\n\nRepresentatives from Ministry of Economy and Finance, Republic of Korea\nRepresentatives from Ministry of FInance and Public Credit, Mexico\nRepresentatives from Ministry of Finance, Germany\nRepresentatives from Department of Treasury, United States\nUNEP FI Principles for Sustainable Insurance Initiative \nInternational Labour Organization\nG24 Secretariat\nWorld Resources Institute\n\n[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1625534464690{margin-top: 0px !important;border-top-width: 0px !important;padding-top: 0px !important;}” mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″][vc_column][vc_column_text text_larger=”no”]\n\nEVENT DESCRIPTION\n\n[/vc_column_text][vc_column_text text_larger=”no”]A spiralling, dual climate-Covid crisis has shaken vulnerable developing economies, undermined livelihoods and sustainable development progress, and generated unprecedented transnational financial upheaval with multiple penalties for the world’s poor and vulnerable groups. At the same time, weak delivery of international climate finance, unresolved carbon finance mechanisms under the Paris Agreement, and financing instruments that are ineffective at addressing challenges specific to systemically climate vulnerable economies hold back ambition are exposing the world economy to acute risks, fuelling uncertainty, and undermining trust and the global recovery.[/vc_column_text][vc_column_text text_larger=”no”]Overcoming such challenges on the road to UNFCCC COP26 is an urgent priority and targeted initiatives that promote action on managing macroeconomic risks, capital hurdles to climate action, bridging the financial protection gap, among other key climate finance challenges, also represent a significant opportunity to build back better.[/vc_column_text][vc_column_text text_larger=”no”]To contribute new momentum, the V20, led by Bangladesh, is convening “Climate Vulnerables Finance Summit” – the first intergovernmental finance summit led by economies systemically vulnerable to the global climate crisis. The Summit builds on the Midnight Survival Deadline for the Climate, spearheaded by the Bangladesh presidency of the Climate Vulnerable Forum (CVF) and V20, and contributes to over 70 nations revising their Paris Agreement national commitments, as well as the Climate Adaptation Summit 2021, the G7 Summit outcome for increasing climate finance and funding for climate change adaptation, and other recent pledges of strengthened climate responses from major and vulnerable economies and international financial institutions alike.[/vc_column_text][vc_column_text text_larger=”no”]Prepared and hosted by the V20, and co-hosted with the Global Center on Adaptation, the Summit will be headed by global leaders, includes ministerial roundtables, and will feature interventions by CVF Heads of State and Government, high-level representatives of key partners, and the V20 Ministers of Finance. Together with the United Nations, the IMF and development partners, the high-level dialogue aims to shape globally cooperative and South-South responses for fast-tracked resilience building efforts and bold new economic and finance actions and partnerships that are updated for the evolving realities of tandem climate and COVID pressures. The Summit likewise serves as a critical opportunity to showcase all that the most climate threatened nations have been facing and undertaking, while exploring appropriate and enhanced responses with the international community. An effective recovery and resilient and prosperous future demands global and regional economic and financial cooperation and institutions consistent with the needs, and supportive of the ambition, of the most vulnerable.[/vc_column_text][vc_column_text text_larger=”no”]The Summit will issue a Communique highlighting the key expectations of the vulnerable economies on global climate finance, cooperation with multi-lateral financial institutions, and COP26, as well as partnerships being advanced together with the V20, including:[/vc_column_text][vc_column_text text_larger=”no”]\n\nLaunch of the V20 Vision 2025 to underpin the direction of the V20 to reach key socio-economic growth outcomes together amid a climate-covid emergency;\nShaping of a V20 Climate Prosperity Recovery Agenda for the systematic and universal consideration of climate risk and to promote enabling assistance options including capacity development, crisis assistance and carbon financing;\nPresentation and partnership exploration on national “Climate Prosperity Plans” as strategic economic-climate-SDG investment and cooperation frameworks to advance V20 ambitions for resilience and prosperity at the economy-level – the Government of Bangladesh will present the Mujib Climate Prosperity Plan Decade 2030, named in honor of marking the birth centenary of the country’s Father of the Nation, Sheikh Mujibur Rahman;\nInnovative V20 financing initiatives including the Accelerated Financing Mechanism to address capital cost challenges, the Sustainable Insurance Facility and the InsuResilience Global Partnership to bridge the financial protection gap, and the new CVF & V20 Joint Multi-Donor Fund.\n\n[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_video link=”https://youtu.be/oQCBWfFLPFc” image_poster_switch=”no”][/vc_column][/vc_row][vc_row css=”.vc_custom_1601628702897{margin-top: 40px !important;margin-bottom: 40px !important;}” mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″][vc_column][vc_custom_heading text=”Press Release and Communiqué” font_container=”tag:h2|font_size:18px|text_align:left|color:%233c6cb3″ google_fonts=”font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:500%20bold%20regular%3A500%3Anormal”][vc_column_text text_larger=”no”]PRESS RELEASE: Vulnerable economies call rich nations to avert global climate-COVID economic threat\nCOMMUNIQUÉ: 1st Climate Vulnerable’s Finance Summit Communiqué[/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1601628702897{margin-top: 40px !important;margin-bottom: 40px !important;}” mobile_bg_img_hidden=”no” tablet_bg_img_hidden=”no” woodmart_parallax=”0″ woodmart_gradient_switch=”no” row_reverse_mobile=”0″ row_reverse_tablet=”0″ woodmart_disable_overflow=”0″][vc_column][vc_custom_heading text=”Download” font_container=”tag:h2|font_size:18px|text_align:left|color:%233c6cb3″ google_fonts=”font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:500%20bold%20regular%3A500%3Anormal”][vc_column_text text_larger=”no”]V20-Vision-2025.pdf\nV20 Climate Prosperity Recovery Agenda.pdf[/vc_column_text][/vc_column][/vc_row]\n
URL:https://www.v-20.org/events/1st-v20-climate-vulnerables-finance-summit
CATEGORIES:Ministerial
ATTACH;FMTTYPE=image/png:https://www.v-20.org/wp-content/uploads/2021/07/V20-Climate-Vulnerables-Logo-FINAL-min.png
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