About the Coalition
Finance Ministers hold the keys to accelerating climate action. They know most clearly the risks posed by climate change, and recognize how taking action could unlock trillions in investments and create millions of jobs through 2030.
The Coalition of Finance Ministers for Climate Action brings together fiscal and economic policymakers from over 90 countries in leading the global climate response and in securing a just transition towards low-carbon resilient development.
Learn MoreThe Helsinki Principles
The six Helsinki Principles guide the Coalition's commitment to #ClimateAction
Helsinki Principle 1: Align Policies with the Paris Agreement
Helsinki Principle 2: Share Experiences & Expertise
Helsinki Principle 3: Promote Carbon Pricing Measures
Helsinki Principle 4: Mainstream Climate in Economic Policies
Helsinki Principle 5: Mobilize Climate Finance
Helsinki Principle 6: Engage in NDC Development
Workstream: Adaptation
Workstream: Green and Just Transition
Workstream: Nature
95
Member countries
43%
of global GHG emissions
69%
of Global GDP
Member Countries
Events
View recent and upcoming Coalition events, including workshops, webinars and meetings
October 23, 2024
12th Ministerial Meeting
Uganda is Endorsed as CFMCA Co-Chair
Yesterday, the 12th Ministerial Meeting of the Coalition endorsed Uganda as its new Co-Chair.
Indonesia’s four-year term as Co-Chair of the Coalition of Finance Ministers for Climate Action will end in Spring 2025. Their role as Co-Chair will be taken over by Uganda, which was elected by Coalition Members in September. During the Ministerial meeting, the election results were endorsed by sitting Ministers of the Coalition. Following the Ministerial Meeting, Uganda will be closely involved in all discussions together with the two current Co-Chairs, Indonesia and the Netherlands, to ensure a smooth transition in function, process, and leadership.
Event: CFMCA Asia and the Pacific Regional Meeting | August 27-28, 2024
The Coalition held a meeting in Manila, Philippines to advance climate action in the Asia and the Pacific.
Event: 12th Ministerial Meeting | October 23rd, 2024, Washington D.C.
The Coalition meets during the WB/IMF Annual Meetings on October, 2024 in Washington, D.C.
New Policy Notes Published
We are happy to share the publication of our two new policy notes: Mobilizing Global Bond Markets for a Just Transition and Fossil Fuel Subsidy Reform.
Policy Notes are a new Coalition product. They build on the discussions held during the 11th Ministerial Meeting in April 2024, as well as work done to date by Members, Institutional Partners and industry experts. The notes showcase policy reform options and highlight the role of Ministries of Finance.