Principle 1: Long-Term Strategies for Climate Change - A Review of Country Cases

This report is a first step in the Coalition’s work under Helsinki Principle 1 to helping its member countries to design their long-term strategies. Such strategies are currently being developed. This is a very challenging task, requiring competencies, commitments, tools and governance structures to manage horizontal requirements of the work. Finance ministers are becoming more and more involved in the preparation of such strategies as economic implications of climate change and policy actions become visible. This Report approaches the topic through countries experiences, drawing from practical challenges and ways to overcome them.

COP25: Finance Ministers from over 50 countries join forces to tackle climate change

Present for the first time at a COP, Finance Ministers launch plan of action

Madrid, December 9, 2019 – Today, at the UN Climate Change Conference, COP25 in Madrid, the Coalition of Finance Ministers for Climate Action launched the Santiago Action Plan that aims to accelerate their countries’ transition to low-carbon and climate-resilient economies.

The Coalition, co-led by Finland and Chile, comprises 51 countries covering 30 percent of global GDP.

Finance Ministers Join Forces to Raise Climate Ambition

WASHINGTON, April 13, 2019 — Today, at the Spring Meetings of the World Bank Group and International Monetary Fund, Finance Ministers from more than twenty countries launched a new coalition aimed at driving stronger collective action on climate change and its impacts.