Last week, the Network for Greening the Financial System (NGFS) and the Coalition of Finance Ministers for Climate Action (CFMCA) held the first joint workshop in London, following the launch of our Joint Dialogue Platform at COP30. With over 100 participants in attendance, both online and in person, the workshop provided members with an opportunity to exchange concrete experiences, modelling practices, and emerging needs from across institutions. 

The workshop focused on three core areas:
• Physical climate risk assessment: aligning approaches across central banks and finance ministries
• Macroeconomic policy design under climate shocks: from growth and inflation impacts to fiscal sustainability
• Sustainable financing frameworks: strengthening tools for investment planning and transition policies

The workshop underscored a shared commitment to deepen collaboration and strengthen joint analytical work to support decision-making in both Ministries of Finance and central banks.

For those interested, the Coalition has made available a range of analytical resources for Ministries of Finance, including our searchable Compendium of Practice and NGFS contributions:
1- Main report summarizing analytical tools relevant to pressing questions MoFs face:
https://lnkd.in/epbdpauK
2- NGFS contributions to the Coalition’s searchable Compendium of Practice on analytical tools for climate action:
Macro modelling handbook:
https://lnkd.in/emq2_jDe
3- Approach to assessing physical climate risks:
https://lnkd.in/ey_7HE8K
4- Approach to assessing short-term implications of climate change:
https://lnkd.in/eyJmZzM2