| Coalition of Finance Ministers

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

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

Helsinki Principle 3: Promote Carbon Pricing Measures

Work towards measures that result in effective carbon pricing

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

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

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

Workstream: Adaptation

Adapting to the risks of climate change to moderate potential damages or to benefit from opportunities

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

Workstream: Nature

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

Member countries

43%

of global GHG emissions

69%

of Global GDP

Member Countries

The Secretariat

Partners

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Events

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

November 14, 2024

COP29 Finance Day – Ministerial Meeting of the Coalition of Finance Ministers…

October 28, 2024

Finance Ministers and CEOs Unite for Dialogue on Nature Finance at COP16

October 23, 2024

12th Ministerial Meeting

Coalition of Finance Ministers for Climate Action

Read more about 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.