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X-WR-CALNAME:V20: The Vulnerable Twenty Group
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BEGIN:VEVENT
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UID:MEC-803815bbe0f321b3e4476f9af5fbe16f@v-20.org
DTSTART:20240416T090000Z
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DTSTAMP:20240411T094100Z
CREATED:20240411
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PRIORITY:5
TRANSP:OPAQUE
SUMMARY:Addressing the Polycrisis:  Capital Mobilization for the V20 Climate Prosperity Agenda with Climate Prosperity Plans from Bangladesh, Ghana, and the Launch of the Barbados Investment Plan for Prosperity and Resilience
DESCRIPTION:[vc_row][vc_column][vc_single_image image=”22285″ img_size=”full” alignment=”center” parallax_scroll=”no”][vc_column_text text_larger=”no”]\nAddressing the Polycrisis: \nCapital Mobilization for the V20 Climate Prosperity Agenda with Climate Prosperity Plans from Bangladesh, Ghana, and the Launch of the Barbados Investment Plan for Prosperity and Resilience\nTuesday, 16 April 2024 | 3.00 pm – 5.00 pm ET\nThe Rockefeller Foundation, 2445 M Street, NW,\nFirst Floor Conference Center, Washington, DC\nHosted by the CVF and V20 Finance Ministers, Ghana, Barbados, Bangladesh, The Rockefeller Foundation, Open Society Foundations, and Children’s Investment Fund Foundation\n[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text text_larger=”no”]Overview and Purpose: \nA large gap remains between what the world aims to achieve on climate action and the pace of national transitions, adaptation, and resilience plans, especially among emerging and developing countries. A lasting turn away from fossil fuels first requires rapid growth in the use of renewables. But for now, more than 90% of all increased spending on renewables is going into developed countries and China.\nMeanwhile, climate adaptation finance, flowing at around US$63 billion per year, still falls far short of estimated needs of $212 billion per year by 2030 for developing countries alone. Increasing resilience to more frequent and ferocious climate shocks will require comprehensive national-scale strategies, which will also unlock huge potential for economic growth and job creation.\nMeeting these dual challenges will require work to strengthen local expertise and institutions; engage civil society and impacted communities;establish sound transition plans; and helping to bring in outside capital of all kinds.\nThe session also aims to launch the Government of Barbados’ ambitious Investment Plan to build climate resilience in Barbados worth over US$10+ in public and private investments. The plan aims to generate 10,000 new quality jobs, reduce the poverty rate by 50%, ensure that 100% of the population has access to primary and secondary healthcare, and attain 100% renewable energy generation by 2035.\nAs incoming Chair of the V20 group of climate vulnerable countries, Barbados will be joined by Bangladesh and Ghana, who are also V20 members, who will showcase their Climate Prosperity Plans and present on progress in mobilising domestic resources and attracting international investment, and share the existing pipeline of investable projects, with potential to scale.\nMeeting Format:\nThis public-facing event will target IFI staff, donor governments, philanthropies, and civil society organizations. This event will accommodate up to 80 participants and will be open to press.\nProvisional Program \nEmcee: Sir Alok Sharma, Rockefeller Foundation Climate and Finance Fellow\n \n\n\n\nTime\nAgenda Item\nSpeaker\n\n\n3.00 pm – 3.05 pm 5 minutes\nOpening remarks\nDr. Raj Shah\nPresident of the Rockefeller Foundation\n\n\n3.05 pm – 3.20 pm\n15 minutes\nKeynote & Barbados Investment Plan for Prosperity and Resilience Launch Address\nH.E. Mia Mottley\nHon. Prime Minister of the Republic Barbados and incoming CVF-V20 Presidency\n\n\n3.20 pm – 3.30pm\n10 minutes\nBarbados Investment Plan for Prosperity and Resilience  – An  In Depth Look\nDr. Pepukaye Bardouille\nDirector, Bridgetown Initiative Unit and Special Advisor on Climate Resilience\nPrime Minister’s Office\nGovernment of Barbados\n\n\n3.30 pm – 3.40pm\n10 minutes\nGhana Climate Prosperity Plan – green transformation strategy\nH.E. Mohammed Amin Adam\nHon. Finance Minister, Republic of Ghana, V20 Chair\n\n\n3.40 pm – 3.50 pm\n10 minutes\nMujib Climate Prosperity Plan – from vulnerability to resilience to prosperity\nH.E. Abul Hassan Mahmood Ali, MP\nHon. Finance Minister, People’s Republic of Bangladesh and V20 Troika Member\n\n\n3.50 pm – 4.30 pm\n40 minutes\nModerated discussion on capital mobilization enabled by country platforms and tailored approaches.\nGuiding Questions: To be provided\nModerated by: \nMs. Kate Hampton, CEO of the Children’s Investment Fund Foundation\nSpeakers [confirmed]\n\nH.E. Ken Ofori-Atta Senior Presidential Advisor on Finance and Special Envoy on International Investment and Capital Markets, Government of Ghana and former V20 Chair\nMr. Benoit Bosquet, World Bank Regional Director for Sustainable Development (Latin America and Caribbean Region)\nMr. Adam Wang-Levine, Deputy Assistant Secretary for Climate and Infrastructure, US Treasury\nMs. Nazmeera Moola, NinetyOne\n\n\n\n\n4.30pm – 4.40pm\n10 minutes\nClosing Reflections on Brazil’s Ecological Transformation Plan, the Brazilian G20 and COP30 Presidency\nLivia de Oliviera (TBC)\nDirector for Sustainable Finance, Ministry of Finance of Brazil\n\n\n\n[/vc_column_text][/vc_column][/vc_row]\n
URL:https://www.v-20.org/events/addressing-the-polycrisis-capital-mobilization-for-the-v20-climate-prosperity-agenda-with-climate-prosperity-plans-from-bangladesh-ghana-and-the-launch-of-the-barbados-investment-plan-for-prosperity-and-resilience
CATEGORIES:featured events
LOCATION:Washington, DC
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