The Coalition held its 7th Ministerial Meeting on April 19, 2022
Members and partners provided video statements, and the Co-Chairs issued a press release
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News: Coalition Publishes Flagship Report on Green Recovery
The report, Building Momentum for Strong Recovery and Sustainable Transformation, is a follow-up to the 2020 report, Better Recovery, Better World.
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News: Coalition Meets During Finance Day at COP26
Read the press release and see video statements from Coalition Members and Partners.
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Chairs Joint COP26 Statement
Read the joint statement issued by the Chairs of the Coalition and the NGFS on the occasion of COP26
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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
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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72
Member countries
35%
of global carbon emissions
65%
of Global GDP
Member Countries
Events
View recent and upcoming Coalition events, including workshops, webinars and meetings
Dominica: Tax Reform to Boost Climate Resilience
To become climate-resilient, Dominica seeks WB support on potential tax reforms to increase domestic revenue mobilization for NDC implementation and enhance budget and fiscal resiliency.
Fiscal Policies for Development and Climate Action – Policy Summary for Finance Ministers
A new World Bank report argues that developing countries can make use of fiscal instruments for climate actions while raising well-being.
Technical Workshop on Climate Budgeting Tool in Uganda
On Sept 25th, 2018, the Ministry of Finance Planning and Economic Development of Uganda held a workshop to pilot the Climate Change Budget Tagging system.