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The Latest Breaking News from V20

A climate reparations insurance scheme

A group of countries led by Germany announced a climate insurance scheme called the Global Shield at COP27

Salon · Nov 19, 2022

Insurance fund for climate impacts announced at UN talks

The Group of Seven leading economies launched a new insurance system Monday to provide swift financial aid when nations are hit by devastating effects of climate change

The Independent UK · Nov 14, 2022

G7 launches climate 'Shield' fund, some countries wary

A G7-led plan dubbed "Global Shield" to provide funding to countries suffering climate disasters was launched at the U.N. COP27 summit on Monday, although some questioned the effectiveness of the planned scheme.

Reuters · Nov 14, 2022

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Revealed: US and UK fall billions short of ‘fair share’ of climate funding

Exclusive: Support for developing countries will be critical issue at Cop27 but new data shows rich countries are lagging

The Guardian - UK · Nov 7, 2022

Australia hopes to change climate reputation at COP27

A new government hopes to transform Australia’s reputation into a climate leader at COP27. But there’s a lot of damage to unpick.

360info · Oct 31, 2022

The Guardian view on climate diplomacy: it’s crunch time – again

Editorial: Freezing relations between the US and China threaten this year’s crucial Cop27 summit

The Guardian - UK · Oct 25, 2022

Rich countries must urgently help poor nations hit by climate crisis, says V20

Twenty countries facing worst impact of global heating set out proposals for loss and damage payments

The Guardian - UK · Oct 17, 2022

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