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.
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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.
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Event: CFMCA Regional Convening for Africa
A pivotal regional event aimed at enhancing the role of Ministries of Finance in advancing climate action across Sub-Saharan Africa
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Event: Joint Call to Action Launched
As we celebrate the 5th anniversary of the Coalition of Finance Ministers for Climate Action, global finance and environmental leaders with the UN, have issued a Call to Action urging the engagement o ...
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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
Align our policies and practices with the Paris Agreement commitments
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Helsinki Principle 2: Share Experiences & Expertise
Share our experience and expertise with each other in order to provide mutual encouragement and promote collective understanding of policies and practices for climate action
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Helsinki Principle 3: Promote Carbon Pricing Measures
Work towards measures that result in effective carbon pricing
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Helsinki Principle 4: Mainstream Climate in Economic Policies
Take climate change into account in macroeconomic policy, fiscal planning, budgeting, public investment management, and procurement practices
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Helsinki Principle 5: Mobilize Climate Finance
Mobilize private sources of climate finance by facilitating investments and the development of a financial sector which supports climate mitigation and adaptation
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Helsinki Principle 6: Engage in NDC Development
Engage actively in the domestic preparation and implementation of Nationally Determined Contributions (NDCs) submitted under the Paris Agreement
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Workstream: Adaptation
Adapting to the risks of climate change to moderate potential damages or to benefit from opportunities
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Workstream: Green and Just Transition
Combining environmental sustainability with social justice must be considered in any effort to build a more sustainable future for everyone
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Workstream: Nature
Prioritizing nature-based solutions in budgeting decisions is imperative for the Ministries of Finance to mitigate environmental impact
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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
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
September 12, 2024
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.
New thematic policy note Strengthening Finance Ministries’ capacity and engagement in the Nationally Determined Contributions (NDCs) published
August 07, 2024
We open a series of thematic policy notes with a "Strengthening Finance Ministries’ capacity and engagement in the Nationally Determined Contributions (NDCs)" note prepared by NDC Partnership Support Unit under the leadership and guidance of Spain and Uganda as Country Leads and the Netherlands and Indonesia as Co-Chair of the Coalition, with contributions from the Grantham Research Institute on Climate Change and the Environment, and 2050 Pathways Platform.
Read more in our blog by Luma Ramos.