The Coalition has developed a new self-assessment tool, called the ‘Capability Assessment Framework (CAF) for Mainstreaming Climate Action in Ministries of Finance’.* The CAF aims to provide a high-level assessment that can serve as a ‘conversation starter’ on how to further strengthen the MoF’s role in whole-of-government climate action.
Specifically, the CAF is designed to enable MoFs to:
- Gain clarity over the extent to which climate action is integrated into the ministry’s core responsibilities and capabilities.
- Take stock of and connect climate-related activities and policies and initiatives happening across the ministry and identify key gaps and barriers to action.
- Define priorities for action and determine the need for follow-up in-depth assessments, capacity building or technical assistance (TA) tailored to the needs of the ministry.
Designed to be a high-level assessment tool, the CAF can be completed relatively fast, by a single responder or a small team (e.g., a climate unit), independently or with support from technical assistance providers. It aims to support MoFs in implementing the wide-ranging ‘opportunities for action’ presented in the Coalition’s flagship ‘guide’ to climate action published in 2023.
This new tool offers Ministries of Finance (MoFs) the means to rapidly assess their climate capabilities and build the expertise and coordination mechanisms essential for a sustainable future.
*The CAF has been developed for the Coalition by a group of experts from E3G, IDB, IMF, NDC Partnership and 2050 Pathways Platform, coordinated by the Grantham Research Institute, and peer-reviewed by several MoFs. It is currently available as a pilot version in the form of a word document. Interested parties can request access by getting in touch with the Coalition Secretariat at coalitionsecretariat@financeministersforclimate.org.