A validation platform to update and align the Climate Prosperity Plan to be at par with the objectives and vision of the current government has been held in Accra. At the Validation forum, the former President of the Maldives and Secretary General of the Climate Vulnerable Forum and V-20 Finance Ministers, Mohammed Nasheed said for nations to prosper, they have to add value to natural resources available in the country.
The CPP validation also served as a platform to advocate for stronger global financial systems that prioritize the needs of climate-vulnerable nations.
The former President of the Maldives and Secretary General of the Climate Vulnerable Forum and V-20 Finance Ministers, Mohammed Nasheed said for nations to prosper, they have to add value to natural resources available in the country.
Abena Asamoah Okyere, a Director at the Climate Vulnerable Forum Secretariat said the current government has new priorities and new objectives that need to align with the climate prosperity plan. This is to prioritize areas that need to come up in the financing architecture.
Ghana successfully ended her two-year tenure as the Chair of the Climate Vulnerable Forum (CVF) and the Vulnerable Twenty (V20) Group of Finance Ministers over a year ago.
Ghana’s tenure amplified the disproportionate impact of the current global debt crisis on CVF members, thus leading engagements with the IMF and World Bank to reform the global financial architecture to ensure CVF members’ access to affordable financing is not hindered by unsustainable debt.
The CVF and V20 was established with a mission geared towards building a more equitable global climate governance framework, with a focus on transforming the financial architecture of the 1.74 billion people in climate-vulnerable countries.
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