At the 12th Ministerial meeting during the IMF/World Bank Annual Meetings on October 23, 2024, the Coalition presented its second joint Climate Action Statement (CAS). This annual document shows the growing range and ambition of the actions taken by Ministries of Finance. Over 60 Members shared nearly 500 climate actions covering climate policy coordination and strategic economic planning, including increased MoF engagement in updating NDCs, the scaling-up of green finance through the mobilization of public and private financial resources, implementing carbon pricing and the phasing-out of inefficient subsidies, and addressing macroeconomic climate and nature risks and financing gaps.

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