From 1-3 December 2025 in Luxembourg, nearly 50 participants from European member countries and institutional partners came together to strengthen collaboration on climate-related financial and economic priorities.

Key takeaways from our discussions:

Members reflected on 2025’s major developments – from COP30 outcomes to evolving climate finance discussions – and outlined priorities for 2026.

Countries shared progress on sustainable finance regulations and explored opportunities for transition finance and enhanced international collaboration.

We examined how rising defense expenditures intersect with climate commitments, identifying synergies for resilience and energy security.

Finance ministries discussed their role in delivering the updated NDCs and strategies to overcome financial and institutional barriers.
 

We discussed the forthcoming update of the Coalition’s Flagship Guide by COP31 to create stronger links with industrial policy, trade, and competitiveness, and integrate nature, biodiversity, adaptation, and resilience.

This meeting marked a significant step in enhancing member engagement, sharing Europe-specific insights, and shaping the Coalition’s work for 2026 and beyond.