Explore how Finance Ministries are safeguarding macroeconomic and fiscal stability while positioning themselves as leaders in the transition to low-carbon, climate-resilient economies.
Category Notes
Institutions & Governance: This category covers the institutional arrangements, coordination mechanisms, and strategic processes that enable ministries of finance and other government bodies to plan, implement, and oversee climate-related actions.
Environmental Taxes & Subsidies: This focuses on fiscal measures that discourage environmentally harmful activities and promote sustainable ones, such as carbon taxes, fossil fuel subsidy reforms, and green fiscal incentives. It also includes social measures to protect vulnerable groups from transition impacts.
Environmental Taxes & Subsidies Public Financial Management: This includes integrating climate considerations into budgetary processes, investment planning, and expenditure transparency.
Macro Climate Assessments: This includes incorporating climate considerations into macroeconomic modeling, fiscal analysis, and forecasting. It supports evidence-based policymaking by evaluating the potential economic impacts of climate change and transition policies.
Financial Instruments & Carbon Markets: This category encompasses tools and mechanisms—such as green bonds, climate funds, insurance schemes, and carbon markets—that mobilize resources for low-carbon and climate-resilient investments.
Regulation & Disclosure Tools: This focuses on policies and systems that guide sustainable finance through standards, taxonomies, and disclosure frameworks. It promotes transparency, comparability, and accountability in how financial actors address climate-related risks and opportunities.
