"The V20: Climate Change's Vulnerable Call for Financial Help"

"A new group of 20 countries, home to 700 million people, face hundreds of billions of dollars in climate-related losses."

"A new group consisting of countries severely threatened by climate change launched this week, putting a face on those most vulnerable to the climate crisis and highlighting their financial plight.

Called the Vulnerable 20, or V20, the group consists of finance ministers from 20 imperiled countries, from the land-locked Afghanistan in the Middle East to the Pacific island nations of Tuvalu and Vanuatu.

'We established this group recognizing the power and potential of Finance as an integral tool in solving [climate change],' Cesar Purisima, the Philippines' finance minister and chair of the V20, said in a statement. 'Unified in our vulnerability, the economic threats and difficulties arising from climate change, and heightened sense of urgency on the issue, we stand together on the front lines of a battle we most certainly cannot afford to lose.'"

Zahra Hirji reports for InsideClimate News October 9, 2015.

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Source: InsideClimate News, 10/13/2015