Topics
1.    Roadmap of steps, tools, and frameworks for analyzing and managing macro-fiscal climate risks. 
2.    Disaster Risk Financing to manage fiscal exposure to climate-related shocks.
3.    Natural Capital approaches, including natural capital accounting, to better understand the economic value of ecosystems and nature.

Objectives
•    Improve Finance Ministries’ ability to measure and analyze physical climate risks and ecosystem degradation, and their transmission to macroeconomic and fiscal outcomes.
•    Provide practical guidance and analytical tools to support prioritization and costing of adaptation and nature-based investments.
•    Strengthen approaches to financing adaptation, resilience, and nature including public and private investment, disaster risk finance, insurance coverage, and international climate finance.
•    Facilitate peer learning and exchange of best practice among members on integrating adaptation and nature considerations into fiscal and economic decision-making.
Priority Outputs for 2026-2027
•    Climate Adaptation Roadmap for Ministries of Finance outlining key steps, tools, and frameworks for analyzing and managing macro-fiscal climate risks.
•    Policy Note on Disaster Risk Financing including approaches such as sovereign risk financing strategies, insurance solutions, contingency finance, risk pooling mechanisms, and innovative solutions to address insurance protection gaps across public and private sectors.
•    Policy Note on Natural Capital assessing nature-related fiscal risks and ways to integrate nature considerations into climate change strategies.
•    Quarterly webinars to support the development and dissemination of written outputs.
•    Training on macro-fiscal modeling of climate risks: Delivery of a technical training session (led by the World Bank) on the Macro-Fiscal Model (MFMod), integrating sectoral pathways with macro-fiscal frameworks.