COP27: G7 and V20 launch global cat scheme to support vulnerable countries
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COP27: G7 and V20 launch global cat scheme to support vulnerable countries

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Photo: UNFCCC/Johann Olivier

The Vulnerable 20 (V20) Group of Finance Ministers, which represents 58 economies more prone to a volatile climate, has launched the Global Shield against Climate Risks – a scheme that will disburse financial support for certain countries during catastrophes.

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