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X-ORIGINAL-URL:https://www.v-20.org/
X-WR-CALNAME:V20: The Vulnerable Twenty Group
X-WR-CALDESC:
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BEGIN:VEVENT
CLASS:PUBLIC
UID:MEC-e64860da9a6248363a016357d47bd65f@v-20.org
DTSTART:20230622T220000Z
DTEND:20230622T230000Z
DTSTAMP:20230619T210400Z
CREATED:20230619
LAST-MODIFIED:20230622
PRIORITY:5
TRANSP:OPAQUE
SUMMARY:Side Event: V20 Expectations for a Fit-for-Climate Financial System
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][vc_empty_space woodmart_hide_large=”0″ woodmart_hide_medium=”0″ woodmart_hide_small=”0″ woodmart_hide_extra_small=”0″][/vc_column][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\n6:00 – 7:00 PM CEST\nRoom 1, Palais Brongniart\nOrganizers: Vulnerable Twenty Group of Finance Ministers, led by Ghana, Barbados, and Kenya\nEvent Description\nOver the last few years, there has been a spectrum of financial sector reform agendas unfolding. The Bridgetown 2.0 Initiative is a vital contribution in the short term to expand lending capabilities while the Accra-Marrakech Agenda (A2M) represents medium to long-term reform. The A2M also provides immediate application including improvement to the Common Framework which enables debt relief for vulnerable countries and reduces cost of capital. The A2M calls for deep reforms of the international and development finance system, more precision around carbon financing, and the establishment of anticipatory finance for inevitable climate shocks and their spillover effects.\nObjectives \n\nUnpack and tackle priority areas of the A2M Agenda with key actions from the Bridgetown Initiative 2.0;\nEnsure that expectations from the New Global Financing Pact deliver for the climate vulnerable; and\nStart coalition building with V20, G7, G20 government, multilateral financial institutions, and private sector and development partners, in the lead up to the Africa Climate Action Summit in Nairobi in September 2023 to the Annual Meetings of the World Bank/IMF in Marrakech in October 2023 with a view to support COP28 outcomes in Dubai in December 2023.\n\n\n\nOpening Session\n\nH.E. Nana AKUFO-ADDO, CVF Chair and President, Republic of Ghana\nH.E. Mia Amor MOTTLEY, Prime Minister, Barbados\nH.E. William Samoei RUTO, President, Republic of Kenya\n\nPanel Discussion\n\nH.E. Mia Amor MOTTLEY, Prime Minister, Barbados\nH.E. Ken OFORI-ATTA, V20 Chair and Minister, Ministry of Finance and Economic Planning, Republic of Ghana\nH.E. Michel Patrick BOISVERT, Minister, Ministry of Economy and Finance, Republic of Haiti\nH.E. A. K. Abdul MOMEN, M.P., Minister, Ministry of Foreign Affairs, People’s Republic of Bangladesh\nMs. Laurence TUBIANA, Chief Executive Officer, European Climate Foundation\n\nClosing Session\n\nLord Mark Malloch-Brown, President, Open Society Foundations\n\nModerator: Lord Mark MALLOCH-BROWN, President, Open Society Foundations\nRapporteurs:\n\nAbena Takyiwaa ASAMOAH-OKYERE, Technical Advisor, Ministry of Finance and Economic Planning, Ghana\nMs. Sara Jane AHMED, V20 Global Lead and Finance Advisor, V20 Secretariat\n\n\n[/vc_column_text][/vc_column][/vc_row]\n
URL:https://www.v-20.org/events/sideevent-2
CATEGORIES:New Global Financing Pact,new global financing pact 789
ATTACH;FMTTYPE=image/jpeg:https://www.v-20.org/wp-content/uploads/2023/06/AccraLogo.jpeg
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