
Seville, 1 July 2025 – Global finance leaders made a united call for systemic resilience to become the cornerstone of sustainable growth, job creation, and competitiveness. This key declaration was made at the side-event, Prosperity Through Resilience: Transforming Public Finance for a Thriving Future, co-hosted by PAGE, the Coalition of Finance Ministers for Climate Action (CFMCA), the Convention on Biological Diversity (CBD), and the Green Fiscal Policy Network (GFPN), during the 4th International Conference on Financing for Development.
Hon. Matia Kasaija, Uganda’s Minister of Finance and CFMCA co-chair, emphasized that resilience must no longer be seen as a cost but as a profitable, long-term investment. He showcased Uganda’s impressive strides, highlighting several key initiatives:
- A climate-resilient road bypass that successfully kept trade flowing and students in school, even during severe floods.
- Climate-smart coffee production, which dramatically boosted yields by 75%, generating an additional $260 million in export earnings and creating over 56,000 jobs for young people.
- Investments in digital connectivity that proved invaluable, preventing billions in losses during drought conditions by providing real-time market alerts.
“This is not charity,” Minister Kasaija said. “These are fiscal assets that pay for themselves and deliver higher growth, healthier ecosystems, stronger businesses, and better public revenues.”
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