V20 calls for UN Paris Agreement ‘revolution’

The group of climate-change vulnerable economies or V20 called for an economic and financial revolution compliant with the new 1.5 degrees Celsius temperature rise limitation and global adaptation goals as enshrined in the United Nations Paris Agreement in December 2015.

In a statement, the Department of Finance (DOF) said the V20 Group of Ministers of Finance met in Washington DC to collectively address economic and financial responses to climate change as a rapidly growing threat to growth and prosperity.