Finance Ministries have a critical role in responding to the macro-critical issue that Adaptation is. This includes formulating a whole-of-government approach to adaptation, integrating adaptation policies in macro-fiscal policies, ensuring country’s access to finance and enabling the private sector financing. Based on analytical work and recommendations of the IMF, World Bank and WRI, the Coalition has considered key policy issues for Finance Ministries. The main issue is to develop a “whole-of-government” approach for adaptation and resilience with the foundations being fiscal space for contingency planning and inclusive growth policies which reduces climate impacts on the economy, corporates, and people. The Coalition has under work streams on Helsinki Principles 4 and 5 delved into the risks of climate change and fiscal policies to address them. The poor and marginalized communities tend to be the most vulnerable to climate risks addressing equity issues within and between countries helps adaptation.

Country Leads

flag  Honduras
pic  Netherlands
uganda flag  Uganda


Member Countries

Ghana, Greece, Kenya, Mexico, Mozambique, Philippines, Sierra Leone, United Kingdom

Contributing Partners

  • Asian Development Bank
  • African Development Bank
  • The Commonwealth
  • European Bank for Reconstruction and Development
  • European Commission
  • European Investment Bank
  • Global Green Growth Institute
  • International Monetary Fund
  • UNDP
  • UNEP
  • World Bank Group
  • World Resource Institute

Priority policy areas within workstream for 2024-2025

  • Develop better understanding of macro-critical adaptation risks and opportunities, so that MoF can gauge these risks/opportunities against what actions they are taking to mitigate/realize them.
  • Identify best practices in terms of planning risk reduction (opportunity enhancing) policies, instruments and investments at both at the macro-level and sectoral levels, to help inform interventions.
  • Focus on ways to improve MoF’s access to increased climate finance for adaptation, among others by gathering/sharing information on the mapping of different adaptation-related funds, their guidelines, and how to access financing for adaptation projects.

Relevant Publications