V20 Ministerial Headline concerns (“our top concerns and opportunity areas”):

● With the Sustainable Insurance Facility (SIF), together with the G7 and G20 partners of the InsuResilience Global Partnership, we are investing in the sustainable development of our domestic insurance sector to help close the financial protection gap against climate and disaster risks, focusing first on the micro, small and medium-sized enterprise (MSME) sector as the major employer and liveliho. [...] ● Participated in the Task Force on Climate, Development and the IMF, and reviewed and formulated recommendations together with the G-24 views and other partners to enhance the design of the IMF’s proposed Resilience and Sustainability Trust in a Policy Brief published in February 2022. [...] ● The aim to support the IMF in its endeavors to identify climate vulnerable countries as part of the Comprehensive Surveillance Review (CSR) through the third edition of the Climate Vulnerability Monitor (CVM), an updated global data bank commissioned by the CVF and V20, with attributed climate change impacts in economic, environmental, social and health terms. [...] o We strongly welcomed the announcement for the establishment of an unprecedented and much needed IMF Special Drawing Rights Resilience and Sustainability Trust Fund, and likewise urge consideration of the recommendations of the February 2022 Policy Brief of the Task Force on Climate, Development and the IMF towards enhancing the impact of this Fund through supporting further policy development wh. [...] ● We urge the G7 and G20 to enhancing the inclusivity in decision-making processes and to include V20 representation in relevant workstreams, ministerial meetings and as observers to the G7 and G20 Summits, the IMF and collaborative engagement with most vulnerable economies building on the InsuResilience Global Partnership as an example of collaboration deserving of replication.