The Coalition of Finance Ministers for Climate Action’s Helsinki Principle 4 workstream supports efforts to mainstream climate action into economic and fiscal policies and tools.
The new Economic Analysis for Green and Resilient Transitions Initiative, aims to build a global community that can help Ministries of Finance strengthen their capacity to assess the economic impacts of physical climate risks and policies that can drive greener, more resilient, and more prosperous economies. This requires accelerating access to the analysis and modelling tools they need to address the most pressing questions they face.

At the heart of this effort is the Compendium of Practice - a global, collaborative resource developed by the organizations contributing to the initiative. The Compendium brings together over 130 practical contributions from over 70 institutions and individuals, showcasing how Ministries of Finance and their partners are tackling key climate policy challenges through applied tools, modeling approaches, and capacity-building strategies.

It covers the analytical tools that can be used to address questions, amongst many others, such as:
❓ How do physical and transition climate risks impact the economy and public finances?
❓ What are the economic, social, and financial costs and opportunities of green transition and resilience pathways?
❓How to build the green industries of the future? What are the economic and fiscal implications of these transformations?
To make this collective knowledge widely accessible, a new standalone website has been launched: The Macroeconomics of Green and Resilient Transitions. This platform complements the Coalition’s main site by making these contributions easy to explore, access, and apply, offering a practical gateway to policy-relevant tools and real-world examples. On the website, you’ll find:
📌 A searchable Compendium organized by policy questions, analytical tools, and capacity-building themes
📚 Full contributions—typically 2–10 pages—available as individual downloads
🌱 Access to the full reports of the Coalition of Finance Ministers for Climate Action, Economic Analysis for Green and Resilient Transitions initiative
🔗 Visit the website: www.greenandresilienteconomics.org
Access the Global Compendium of Practice – Summary Report here