Press briefing on climate resilience for vulnerable countries (V20) at COP24
Tuesday, 11 December, 10.30 – 11.00 a.m.
Press Conference Room Katowice, Area F – Theatre, COP venue
The full press conference will be live streamed here: https://unfccc-cop24.streamworld.de
Many of the high growth engines of the world economy, with rapidly emerging markets for over one billion people, are also those countries that are most vulnerable to climate change. Due to climate change and the associated risks, that high growth is becoming increasingly fragile. 48 of these vulnerable countries have gathered together to form an association of their finance ministers, the Vulnerable Twenty (V20) Group. In 2017, the V20, together with the Group of Twenty (G20), an association of the 20 biggest industrialized countries, have formed the G20-V20 InsuResilience Global Partnership, a collaborative platform to strengthen financial responses to climate change by increasing the access of vulnerable countries to climate finance and reduce climate risks. As a partner for this platform, MCII provides support on the policymaking aspects of the climate risk insurance and disaster risk management. At the press briefing MCII will discuss with country representatives which milestones need to be achieved to advance economic and financial protection for the V20 countries.
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