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WASHINGTON, Apr 10 2016 – Finance Ministers from more than 20 vulnerable countries, known as the V20, will convene for their second meeting in Washington, D.C, on April 14 to affirm their commitment to the Paris Agreement, calling for a path towards the 1.5 degrees Celsius limit and greater financial protection from climate change impacts.
This meeting of the V20 will adopt a Work Plan and extend commitments to pioneer and deploy financial and fiscal solutions to climate change. The V20 Risk Pooling mechanism will be a focus of discussion, along with the 2020 Action Plan to mobilize unprecedented investment from all sources beginning with national finance dialogues and building partnerships with private sector partners. A V20 communiqué will be issued at the conclusion of the event.
Founding V20 Members include Caribbean countries Barbados and Saint Lucia while the incoming Members include Dominican Republic, Grenada and Haiti.
