HP5 Hosts Workshop on Commitments and Measurement Methods for Private Financial Sector Paris Alignment

May 12, 2021
Author: Coalition Secretariat

On Monday May 10, the Coalition hosted a workshop on Commitments and Measurement Methods for Private Sector Portfolio Alignment with the Paris Agreement. In the workshop, the findings from a recently finalized Coalition report were presented. The report summary suggests that Ministries of Finance and central banks, as well as international bodies such as the Coalition, have a role to play in fostering robust climate alignment initiatives and methodologies.

Coalition and Swedish MoF hosts Virtual Workshop on Carbon Taxation, Green Recovery, and CBAM

May 06, 2021
Author: Coalition Secretariat

On May 6, 2021, the Swedish Ministry of Finance in cooperation with the Coalition of Finance Ministers for Climate Action organized a virtual workshop on carbon pricing, emphasizing in particular the role that carbon taxation and the Carbon Border Adjustment Mechanism (CBAM) proposed by the European Commission can play in the Green Recovery process following the COVID-19 Pandemic.

Coalition publishes Summary for Policymakers on Private Financial Sector Paris Alignment

May 06, 2021
Author: Coalition Secretariat

Financial institutions are joining a growing number of initiatives to align their lending and investment portfolios with the Paris Agreement goals. In this summary note written for policymakers, Jochem Wissenburg from the Ministry of Finance of the Netherlands, Florencia Baldi of the FC4S Network, and Emma Dalhuijsen and Samantha Power of the World Bank present some of the findings and suggest potential actions for government actors.

Coalition Hosts Stakeholder Dialogue with the CBD Secretariat

April 27, 2021
Author: Coalition Secretariat

On Tuesday, April 27, the Coalition hosted a virtual ‘stakeholder dialogue’ with the Convention of Biological Diversity (CBD) Secretariat. A discussion took place on the potential role of MoFs in meeting the targets laid out in the Global Biodiversity Framework. Coalition Members also discussed the potential to raise awareness of actions that can be taken at the climate-nature nexus and implications for the Coalition’s work.

Press Release: April 2021 Minister-Level Meeting

April 06, 2021
Author: Coalition Secretariat

The Coalition of Finance Ministers for Climate Action met on the margins of the 2021 Spring Meetings of the World Bank Group and the International Monetary Fund on April 6, 2021, under Co-Chair H.E. Matti Vanhanen, Minister of Finance of Finland, outgoing Co-Chair H.E. Rodrigo Cerda, Minister of Finance of Chile, and incoming Co-Chair H.E. Sri Mulyani Indrawati, Minister of Finance of Indonesia.