10 Super Levers to Catalyse Finance in Climate-Vulnerable Countries
A new report by the Climate Vulnerable Forum (CVF) & Vulnerable Twenty Group (V20) and the Bridgetown Initiative, supported by Systemiq, calls for a more inclusive, fit-for-purpose global financial system to address systemic barriers, unlock finance and improve economic resilience for the most climate-vulnerable nations.
The report identifies 10 ‘super levers’ that could mobilise $210 billion a year and mitigate $100 billion in annual losses for the most vulnerable countries. These levers could catalyse billions of dollars of finance for V20 countries to support climate action and sustainable development – ultimately fostering economic resilience and long-term prosperity – by:
- Strengthening country-led implementation
- Unlocking new sources of capital in the system
- Shifting incentives which create barriers to investment
- Sharing risk more effectively
