Question
The Vulnerable 20 Group (V20) of Finance Ministers and
the Group of Seven (G7) launched the Global Shield against Climate Risks – “an initiative for pre-arranged financial support designed to be quickly deployed in times of climate disasters.” which country has contributed the most to this Initiative?Solution
The Vulnerable 20 Group (V20) of Finance Ministers and the Group of Seven (G7) launched the Global Shield against Climate Risks – “an initiative for pre-arranged financial support designed to be quickly deployed in times of climate disasters.” Initial contributions exceed EUR 210 million, including around EUR 170 million from Germany and more than EUR 40 million from other countries.
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