Coalition of Finance Minister events, reports, tools, and highlights 

The Coalition is dedicated to providing insightful news updates on global efforts and progress in achieving climate action goals

Follow the Coalition’s activities at COP30 and explore our key resources on the main themes shaping the agenda.

 

15 November 2025

11h-11h50 " Inside the Economic Engine Room: Ministries of Finance and Economic Analysis for Green and Resilient Transitions" @State of Green (Denmark), Blue Zone (PV-D127)

16h30-18h Joint High-Level Event with the Brazilian Ministry of Finance and COP 30 Presidency: "Implementing NDCs: how Finance Ministries can integrate climate goals into economic strategy" @Hanger, Room 1 (São Francisco)

Discover more here.

How Ministries of Finance Can Build Capabilities for Economic Analysis and Modeling to Drive Green and Resilient Transitions - October 2025

Economic Analysis and Modeling Tools to Assist Ministries of Finance in Driving Green and Resilient Transitions - November 2025

Read the reports

Climate Action Statement 2025 and Climate Action Map

Over 500 climate policies by finance ministries worldwide show the economic benefits of climate action. The latest edition of the Climate Action Statement, featuring data from nearly 70 countries, demonstrates that finance ministries are driving economic growth, competitiveness, and resilience through their climate ambitions.

Read it now

About the Coalition

Finance Ministers hold the keys to accelerating climate action. They know most clearly the risks posed by climate change, and recognize how taking action could unlock trillions in investments and create millions of jobs through 2030.

The Coalition of Finance Ministers for Climate Action brings together fiscal and economic policymakers from over 90 countries in leading the global climate response and in securing a just transition towards low-carbon resilient development.

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The Helsinki Principles

The six Helsinki Principles guide the Coalition's commitment to #ClimateAction

Helsinki Principle 1: Align Policies with the Paris Agreement

Align our policies and practices with the Paris Agreement commitments
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Helsinki Principle 2: Share Experiences & Expertise

Share our experience and expertise with each other in order to provide mutual encouragement and promote collective understanding of policies and practices for climate action
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Helsinki Principle 3: Promote Carbon Pricing Measures

Work towards measures that result in effective carbon pricing
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Helsinki Principle 4: Mainstream Climate in Economic Policies

Take climate change into account in macroeconomic policy, fiscal planning, budgeting, public investment management, and procurement practices
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Helsinki Principle 5: Mobilize Climate Finance

Mobilize private sources of climate finance by facilitating investments and the development of a financial sector which supports climate mitigation and adaptation
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Helsinki Principle 6: Engage in NDC Development

Engage actively in the domestic preparation and implementation of Nationally Determined Contributions (NDCs) submitted under the Paris Agreement
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Workstream: Adaptation

Adapting to the risks of climate change to moderate potential damages or to benefit from opportunities
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Workstream: Green and Just Transition

Combining environmental sustainability with social justice must be considered in any effort to build a more sustainable future for everyone
Read More

Workstream: Nature

Prioritizing nature-based solutions in budgeting decisions is imperative for the Ministries of Finance to mitigate environmental impact
Read More

100 Member Countries

 

Member Countries

 

Events

View recent and upcoming Coalition events, including workshops, webinars and meetings

The Coalition resources to navigate COP30

November 06, 2025
The Coalition is present at COP30, and we have two upcoming events check them here.

We invite you to explore our key resources on the main themes shaping the agenda:

Finance adaptation: 

NDC Implementation:

1- The role of Ministries of Finance in Creating Implementable and Investable NDCs 3.0

2- Joint Call to Action: Finance Ministries are Key to Accelerated Climate Action through Ambitious NDCs

3- Strengthening Finance Ministries’ capacity and engagement in the Nationally Determined Contributions (NDCs)

4- Strengthening Finance Ministries’ capacity and engagement in the Nationally Determined Contributions (NDCs) process

5- Finance Ministries and Country Platforms: a strategic tool to bridge the SDGs implementation gap and scale climate finance?

 

 

New HP4 Report: Economic Analysis and Modeling Tools to Assist Ministries of Finance in Driving Green and Resilient Transitions

November 04, 2025

Economic Analysis and Modeling Tools to Assist Ministries of Finance in Driving Green and Resilient Transitions: An Overview of Options and Case Studies of Deployment

 

Ministries of Finance play a central role in shaping economic, fiscal, and financial policy, and their active leadership is essential for driving climate action. To do so, they need to address challenging policy questions—such as how to finance green energy and resilience measures, manage distributional impacts, and support innovation in low-carbon technologies.

Download it here,

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This report provides a systematic overview of analytical tools available to Ministries of Finance to help address these policy questions and integrate climate into their economic analysis. It serves as a reference for Ministries of Finance and their partners that want to explore how climate-related economic policy can be analyzed and diverse tools can be used to support climate-informed decision-makingFor this, the report groups the available tools into four categories for readers to explore: 

 

  1. Climate-enhanced macroeconomic and sectoral models. These analyze macroeconomic, sectoral, and distributional impacts of aspects of climate change and green and resilient transitions, often building on existing models used by Ministries of Finance.
  2. Physical climate and disaster risk models and approaches. These assess climate damages and risks, informing fiscal risk management and adaptation strategies.
  3. Decision-making frameworks and other analytical tools. These include cost–benefit analysis and robust decision-making and can provide qualitative and quantitative insights that complement other approaches, particularly in contexts of uncertainty and risk.
  4. Ex-post case studies and evaluations. These assess the impacts of implemented climate policies and past transitions, providing insights into effectiveness, challenges, and lessons learned.  

 

The report covers 23 tools, clarifies their use cases, strengths, and limitations, and provides case studies of their deployment. It also maps tools to policy questions to help Ministries of Finance identify those most relevant to their needs and highlights cross-cutting analytical considerations.  

 

Through this overview, the following key messages emerge:

 

  • Different strategies can be used to integrate climate into analytical tools. Ministries of Finance can integrate climate-related factors into their existing economic models and analytical approaches or use tools specifically designed to analyze climate impacts and policies.
  • No single tool can answer all relevant questions. Different policy questions require different tools that can capture different variables and perspectives. Multiple tools and sensitivity analyses can provide complementary insights and help assess the robustness of results.
  • Tools can be linked or used in conjunction for more comprehensive analysis. The boundaries between tools are not rigid, and they can be combined to leverage their respective strengths, enabling analysis that is both more encompassing and more detailed.
  • Continuous learning and development are crucial. Mainstreaming climate in the analysis and decision-making of Ministries of Finance is an evolving process, and peer learning and collaborating with analytical ecosystems are important parts of this.

Finance Ministers Step Up Climate Action Commitments at 14th Ministerial Meeting

October 31, 2025

Finance Ministers Step Up Climate Action Commitments at 14th Ministerial Meeting

At the 14th Ministerial Meeting of the Coalition of Finance Ministers for Climate Action, Finance Ministers from across the world reaffirmed their commitment to integrating climate considerations into economic policy and fiscal planning. 

Watch now what the Ministers of Finance shared about Climate Actions:

Uganda Minister Hon. Henry Ariganyira Musasizi

Croatia's Minister of Finance's speech on becoming the incoming co-chair

Hon. Lekey Dorji, Bhutan's MoF 

 

https://youtube.com/shorts/ZFFYM5VXz48 

Climate Action Statement: 500+ Climate Policies by Finance Ministries from 70 countries

October 15, 2025

The Coalition of Finance Ministers for Climate Action has released today the third edition of its latest Climate Action Statement and the world’s most comprehensive finance ministry–led database of completed and ongoing climate policy actions.

 

Over 500 climate policies by finance ministries worldwide show the economic benefits of climate action 

The latest edition of the Climate Action Statement, featuring data from nearly 70 countries, demonstrates that finance ministries are driving economic growth, competitiveness, and resilience through their climate ambitions. 

Washington, DC, October 2025 — The Coalition of Finance Ministers for Climate Action has released today the third edition of its latest Climate Action Statement and the world’s most comprehensive finance ministry–led database of completed and ongoing climate policy actions. 

With the Coalition’s 14th Ministerial Meeting underway during the IMF/World Bank Annual Meetings, this interactive database features over 500 climate policy actions from nearly 70 ministries of finance worldwide. The CAS 2025 highlights how ministries of finance are not only safeguarding macroeconomic stability and fiscal sustainability but also positioning themselves as leaders in seizing the opportunities of the transition to low-carbon, climate-resilient economies amid a rapidly evolving global landscape 

 

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Key highlights:  

 

 

  • 82% of the contributing Coalition ministries of finance are strengthening Institutional Frameworks and Governance: Finance ministries are enhancing coordination, transparency, and climate-related decision-making across government systems. Ministries of Finance reported 168 measures to strengthen institutional and governance structures. 

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  • 66% are advancing Financial Instruments and Carbon Markets: Finance Ministries are scaling up green bonds, emissions trading systems, and blended finance to mobilize private capital for climate action. 87 measures are reported in this area, reflecting growing reliance on market-based and financial tools. 

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  • 16% are enhancing Regulatory and Informational Tools: Finance ministries are expanding climate-related disclosures and taxonomies to improve transparency and guide green investment. 77 measures were reported in this area, reflecting growing use of data and reporting standards for climate finance. 

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  • 15% are Integrating Climate Risks into Public Financial Management: Ministries are aligning fiscal frameworks and macroeconomic planning with climate objectives to strengthen fiscal stability. 70 measures were reported on climate-related public financial management reforms. 

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  • 10% are tailoring Environmental Taxes and Fiscal Incentives: Ministries of Finance are introducing carbon taxes, phasing out harmful subsidies, and expanding clean energy incentives. 45 measures were reported on environmental taxation and subsidy reform. 

 

“Finance ministries play a critical role in shaping the economic signals that guide the transition. By aligning fiscal and general financial policies with climate objectives, we can create clear, predictable frameworks that attract investment, support innovation, and ensure the transition strengthens —not destabilizes— our economies.” — Marko Primorac, Minister of Finance of Croatia and Deputy Prime Minister, Incoming Co-Chair of the Coalition of Finance Ministers for Climate Action.  

 

“Climate action is central to both economic stability and development. The Climate Action Statement 2025 illustrates how finance ministries playing a more pertinent role in climate policies— aligning fiscal policy with climate priorities, fostering economic resilience, and working towards a more predictable environment for unlocking the investment needed to build sustainable and inclusive economies.” — Hon. Matia Kasaija, Minister of Finance, Planning and Economic Development of Uganda and Co-Chair of the Coalition of Finance Ministers for Climate Action

 

Climate policies are not the sole remit of Environmental Ministries. This initiative shows how Finance Ministries are transforming climate ambition into economic opportunity. From carbon pricing and green bonds to fiscal reforms and climate-informed budgeting, governments are rethinking how economies grow and compete. By harnessing the low-carbon transition, they are creating new jobs, boosting productivity, and enhancing energy and fiscal resilience—proving that climate action and economic prosperity are mutually beneficial.

 

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Key links: