| 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 70 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

Member countries

35%

of global carbon emissions

65%

of Global GDP

Member Countries

The Secretariat

Partners

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Events

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

April 19, 2022

Seventh Ministerial Meeting

February 01, 2022

HP1 Workshop on Scoping Fiscal Impacts of Long-term Climate Strategies

October 12, 2021

6th Ministerial Meeting

COP25: Finance Ministers from over 50 countries join forces to tackle climate change

Read more about COP25: Finance Ministers from over 50 countries join forces to tackle climate change

The Coalition of Finance Ministers for Climate Action has launched the Santiago Action Plan that aims to accelerate their countries’ transition to low-carbon and climate-resilient economies at the UN Climate Change Conference, COP25 in Madrid. The Santiago Action Plan aims to accelerate their countries’ transition to low-carbon and climate-resilient economies.