Ghana has successfully concluded her two-year tenure as the Chair of the Climate Vulnerable Forum (CVF) and the Vulnerable Twenty (V20) Group of Finance Ministers.

Under the distinguished leadership of H.E. President Nana Addo Dankwa Akufo-Addo, Ghana steered the CVF and V20 toward building a more equitable global climate governance framework, focusing on transforming the financial architecture to better serve the 1.74 billion people in climate-vulnerable countries.

During this period, significant institutional developments took place, including the establishment of a permanent independent CVF and V20 Secretariat, headquartered in Accra, Ghana.

This move solidifies the CVF as an intergovernmental organization, enhancing its coordinating capacity in global climate action. Ghana also oversaw the expansion of CVF membership from 56 to 68, strengthening the coalition's influence and amplifying its voice on the global stage.

As a reform advocate, Ghana led several initiatives, including the operationalisation of the Central Bank Governors Working Group, which focuses on liquidity support, inclusive finance, and greening financial systems.

These actions align with the transformative Climate Prosperity Framework, which continues to deliver National Climate Prosperity Plans aimed at mobilizing and leveraging financing, while creating a pipeline of bankable projects. These Plans are securing targeted investments in adaptation and mitigation projects for CVF member countries.

Of particular significance is Ghana's leadership in highlighting the disproportionate impact of the global debt crisis on CVF members. This led to critical engagements with the IMF and World Bank to reform the global financial architecture, ensuring that CVF members can access affordable financing despite the challenges of unsustainable debt.

Reflecting on his term as V20 Chair, Dr. Mohammed Amin Adam, Ghana’s Finance Minister and outgoing Chair, expressed gratitude to his predecessor, Mr. Ken Ofori-Atta, for his leadership.

Dr. Adam remarked, “Our advocacy for reforms in the global financial architecture is not just about numbers—it is about unlocking opportunities for our people to thrive in a world increasingly affected by climate impacts. As we pass the torch to Barbados, I remain hopeful that our collective efforts will continue to break the barriers that prevent our nations from securing a climate-resilient future.”

With the leadership transition to Barbados, both the CVF and V20 are poised for continued success. President Akufo-Addo, in handing over the Chair, expressed confidence in Barbados' new leadership, stating, “We are proud of the foundation we have laid, and we are confident that Barbados, under the intrepid and visionary leadership of Prime Minister Mia Amor Mottley, will build on our achievements. Together, we will continue to push for climate justice and prosperity for our people.”

Ghana will continue to play an active role as part of the Troika for CVF and V20, advocating for stronger global financial systems that prioritize the needs of climate-vulnerable nations. The leadership transition to Barbados will maintain momentum in the efforts to build a just, resilient, and prosperous future for all climate-vulnerable countries.