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.
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 More
The Helsinki Principles
The six Helsinki Principles guide the Coalition's commitment to #ClimateAction
Helsinki Principle 1: Align
Helsinki Principle 2: Share
Helsinki Principle 3: Promote
Helsinki Principle 4: Mainstream
Helsinki Principle 5: Mobilize
Helsinki Principle 6: Engage
of global CO2 emissions
of Global GDP
View recent and upcoming Coalition events, including workshops, webinars and meetings
April 06, 2021
April 2021 Minister-Level Meeting
March 16, 2021
Debate: Path to Sustainable Recovery
The Coalition of Finance Ministers for Climate Action held its first Sherpa meeting in Helsinki, Finland, to agree on a set of guiding principles to inspire ambitious climate action.
Announced at COP24, the Chilean Minister of Finance, Felipe Larraín, and the Finnish Minister of Finance, Petteri Orpo, will co-lead the "Coalition of Finance Ministers for Climate Action".