Principle 6 Report on Ministries of Finance and Nationally Determined Contributions
This Report is a first step in the Coalition’s work to support its Member Countries to design their Nationally Determined Contributions (NDCs) by strengthening the Finance Ministries’ involvement in t ...
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Press Release: The Coalition of Finance Ministers for Climate Action to Strengthen its Work for a Sustainable and Green Recovery
The Coalition of Finance Ministers for Climate Action to Strengthen its Work for a Sustainable and Green Recovery
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Better Recovery, Better World: Resetting Climate Action in the Aftermath of the COVID-19 Pandemic
This report examines the implications of the COVID-19 pandemic crisis on climate policies from the angle of economic policies and offers a set of policy options for Finance Ministers.
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Principle 1 Report on Long-Term Strategies for Climate Change
This report is a first step in the Coalition’s work to helping its member countries to design their long-term strategies. Such strategies are currently being developed. This is a very challenging task ...
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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 50 countries in leading the global climate response and in securing a just transition towards low-carbon resilient development.
Learn MoreThe Helsinki Principles
The six Helsinki Principles guide the Coalition's commitment to #ClimateAction
Align
Achieving low carbon and climate resilient economies by mid-century requires structural economic changes. Finance Ministries wield fiscal, economic, and planning instruments to facilitate a smooth…
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Share
Ministries of Finance are engaged in many areas related to climate change policy, but few have a climate plan or strategy in place. Enhanced efforts on climate change will require ministries to…
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Promote
Finance Ministers have identified carbon pricing (measures which put a price on the emissions of carbon dioxide or other greenhouse gases) as a key economic policy tool to address climate change and…
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Mainstream
Mainstreaming climate change mitigation and adaptation policies in macro-fiscal and other relevant policy planning, budgeting, public investment management and public procurement is essential to…
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Mobilize
A financial sector that incorporates risks and opportunities resulting from climate change will enhance investment decisions and increase the flow of finance. The goal under Helsinki Principle 5 is…
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Engage
Ministries of Finance are playing an important role in the inter-ministerial coordination to update or communicate the Nationally Determined Contribution, which can be updated at any time, but the…
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52
countries
16%
of global CO2 emissions
30%
of Global GDP
Member Countries
Events
View recent and upcoming Coalition events, including workshops, webinars and meetings
Coalition of Finance Ministers for Climate Action
The Coalition of Finance Ministers for Climate Action brings together Finance Ministers from nearly 30 countries to drive stronger collective action on climate change and accelerate the transition towards low-carbon development.
Finance Ministers Join Forces to Raise Climate Ambition
At the 2019 World Bank Group-IMF Spring Meetings, Finance Ministers from more than twenty countries have launched a new coalition aimed at driving stronger collective action on climate change and its impacts. The newly formed Coalition of Finance Ministers for Climate Action endorsed a set of six common principles, known as the “Helsinki Principles,” that promote national climate action, especially through fiscal policy and the use of public finance.