Finance Ministries, Central Banks and Financial Market Supervisors in Dialogue on Sustainability Risk Management
4th Ministerial Meeting
The Fourth Ministerial Meeting of the Coalition of Finance Ministers for Climate Action took place in a virtual format on October 12, 2020, from 6:30-8:30AM (EDT).
Helsinki Principle 4 Workshop: Green Budgeting
Description As governments formulate budget responses to support economic recovery following the COVID-19 crisis, there is greater momentum to include green perspectives in recovery packages. This comes with increased interest in how green budgeting can support the design and implementation of government budgets that progress climate and environmental goals. The virtual workshop discussed these issues and more, drawing on country experiences. The agenda covered:
Helsinki Principle 6 Workshop on The Role of Ministers of Finance in NDC Development, Review and Implementation
Helsinki Principle 5 Webinar on Climate Finance
Webinar hosted by Luxembourg and the European Investment Bank.
Helsinki Principle 5 Workshop on Blended Finance
Blended finance instruments aim to address market failures that limit private financial flows for sustainable activities. This workshop, hosted and organised by the Government of Luxembourg with support from the European Investment Bank, provided an opportunity to understand the main concepts of blended finance. The event was opened by Mr. Pierre Gramegna, Minister of Finance, Luxembourg, and Mr. Christoph Kuhn, Director for Mandate Management, the European Investment Bank, and proceeded with contributions from relevant public and private sector stakeholders.
Principle 3 Workshop on The Political Economy of Carbon Pricing Post Covid-19
The OECD and the Coalition of Finance Ministers for Climate Action held a virtual workshop on The Political Economy of Carbon Pricing Post Covid-19’, organised in co-operation with IMF and World Bank. This event occurred on 22 June, 8-10 am EDT/2-4 pm CEST and 23 June, 6.30am-12pm EDT/12.30-6 pm CEST.
Principle 5 Workshop: Financial Preparedness Against Disasters in the Time of COVID-19
Principle 5 Workshop on Climate-Related Financial Disclosure
There is increasing international recognition of the need to integrate climate change and environmental considerations into mainstream financial decision-making. Better access to climate-related information can enhance how climate risks are assessed, priced, and managed. However, implementing requirements around climate-related financial disclosure brings with it technical and political challenges.