V20 SENIOR OFFICIALS’ MEETING

The V20 Virtual Senior Officials’ Meeting is a dedicated workshop for Vulnerable Twenty (V20) Group and Climate Vulnerable Forum (CVF) officials focused on financing initiatives of the V20 and on advocacy and partnership efforts for countries most threatened by climate change. Following the guidance of members and inputs of partners provided at the October 2018 and April 2019 V20 Ministerial Dialogues, November 2019 Senior Officials Meeting, and through the November 2018 Virtual Summit of the CVF, significant progress has been achieved with a number of V20 and CVF financing and partnership initiatives that now require new and dedicated attention and guidance. The virtual meeting will have a special focus on the accelerated mobilization of financial resources and investment for V20 climate action in-line with the V20’s Action Plan and the collective engagement by the V20 of governments, groups of governments and international partners and funds that serve to advance the V20 Group’s shared interests and resource mobilization priorities. The meeting will also enable an update, discussion and input on the V20’s planned activities and preparation work for the forthcoming Ministerial-level engagement during the Climate Adaptation Summit in January 2021 and the with the International Monetary Fund in April 2021. The Senior Officials Meeting will include the inaugural board meeting of the new CVF & V20 Joint Multi-Donor Fund. The Senior Officials Meeting is designed to ensure robust progress by the next Ministerial Dialogue in Spring 2021 during the World Bank/IMF Annual meetings, postponed due to Covid-19. Member guidance will be sought on a new proposal for developing national “Climate Prosperity Plans” which was announced by H.E. Sheikh Hasina, Prime Minister of the People’s Republic of Bangladesh as CVF Chair to the UN General Assembly on 7 October 2020. Climate Prosperity Plans integrate an economic-climate-SDG investment and strategic economic cooperation framework to advance our V20 aims at economy-level.

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