CVF Leaders’ Investment Roundtable
CVF Leaders’ Investment Roundtable
Tuesday, 16 January 2024
Venue: Buolstrasse 5, in Davos Platz, Switzerland
Time: 4:30 PM – 6:30 PM CET – In person
The Climate Vulnerable Forum (CVF) is composed of 68 developing countries most threatened by the global climate emergency, representing 1.74 billion people and USD 3.8 trillion in gross domestic product. The CVF-V20 Presidency is vested in the Government of Ghana and the incoming presidency is the Government of Barbados. The CVF led the integration of the 1.5 ℃ in the Paris Agreement and its V20 Finance Ministers have been a leading voice in translating the political agenda into the real economy by driving investment and economic cooperation partnerships that promote climate action, sustainability and prosperity.
The economic importance of safeguarding the 1.5 degree limit of the Paris Agreement by 2030 is crystal clear for the world’s most climate vulnerable economies. Breaching 1.5C will bring more pressure on the limited fiscal space of our countries. It will further strain already difficult access to capital or savings of businesses and households who will be forced to cover heightened adaptation expenditures and face steep losses and damages. It is nearly impossible to reach our prosperity goals when 1.5C is breached irreversibly.
In December 2023, the CVF became an independent intergovernmental organization, which further strengthened opportunities for ensuring South-South cooperation to showcase and open up investment opportunities in CVF member states. This will enable international investors to gain more access to economical and commercially viable climate resilient projects in the Global South.
The CVF Leaders’ Investment Roundtable aims to drive resource mobilization for member countries’ Climate Prosperity Plans (CPPs), as well as for the new CVF-V20 Independent Secretariat, headquartered in Ghana. Climate Prosperity Plans (CPPs) are development-positive pipelines — climate-neutral conveyor belts designed to deliver investments and prosperity. Critical to their success are catalytic deals to unlock capital.
The upcoming roundtable meeting will give an opportunity for investors to collaborate with CVF-V20 member countries, exploring how the private sector can be vital partners in driving climate resilience and net zero to negative emissions in developing countries. The discussion will examine the role that groundbreaking and innovative private financing can play for projects and programmes identified in the CPPs, which counteract climate risks and leverage green transition opportunities.
Concept Note | 16 January 2023 | CVF Leaders’ Investment Roundtable
An open brainstorming and discussion session will follow the presentations and remarks, providing an opportunity for participants to contribute their insights, generate new ideas, and address any questions or uncertainties. .
Format & Participation
- In-person meeting, hosted in the margins of the World Economic Forum.
- 6 seats around the main table, and outside seats for colleagues
- 50 invitees in total
- Representatives from the following institutions will be attending the meeting:
- Government of Ghana
- High Net Worth Individuals
- CVF-V20 Secretariat
Moderated by: H.E. Mohamed Nasheed, Secretary General of the CVF
Time | Agenda Items Speaker |
4:30 PM – 4:40 PM | Welcome Remarks H.E. Nana Addo Dankwa Akufo-Addo, President, Ghana, CVF Chair |
4:40 PM – 4:50 PM | Introduction to the session and H.E. Mohamed Nasheed, Secretary General of introduction of participants the CVF |
4:50 PM – 5:00 PM | Keynote on the finance agenda by H.E. Ken Ofori-Atta, Minister for Finance, V20 Chair Ghana, V20 Chair |
5:00 PM – 5:30 PM | H.E. Ranil Wickremesinghe, President, Sri Lanka
Representative from Tanzania Representative from Bangladesh |
5:30 PM – 5:50 PM | Open discussion All Participants |
5:50 PM – 6:25 PM 6:25 PM – 6:30 PM | Open discussion All Participants
Closing Remarks H.E.. Ken Ofori-Atta, Minister for Finance, Ghana, V20 Chair H.E. Mohamed Nasheed, Secretary General, Climate Vulnerable Forum |
Key contacts
V20 Secretariat, [email protected]
RSVP
https://forms.gle/NkAedXX9FA4658aKA
CVF/V20 Membership
The CVF-V20 membership is comprised of 68 countries representing some 1.74 billion people and USD 3.8 Trillion in GDP from Afghanistan, Bangladesh, Barbados, Benin, Bhutan, Burkina Faso, Cambodia, Chad, Colombia, Comoros, Costa Rica, Côte d’Ivoire, the Democratic Republic of the Congo, Dominica, Dominican Republic, Eswatini, Ethiopia, Fiji, The Gambia, Ghana, Grenada, Guatemala, Guinea, Guyana, Haiti, Honduras, Jordan*, Kenya, Kiribati, Kyrgyzstan, Lebanon, Liberia, Madagascar, Malawi, Maldives, Marshall Islands, Mongolia, Morocco, Mozambique, Namibia, Nepal, Nicaragua, Niger, Pakistan, Palau, Palestine**, Papua New Guinea, Paraguay, Philippines, Rwanda, Saint Lucia, Samoa, Senegal, Sierra Leone, South Sudan, Sri Lanka, Sudan, Tanzania, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tunisia, Tuvalu, Uganda, Vanuatu, Viet Nam, and Yemen.
* Pending further discussions.
**As a UN non-member observer state.