The Coalition of Finance Ministers for Climate Action is initiating an open consultation with stakeholders on how to strengthen the role of Ministries of Finance in driving climate action. The objective is to set out guidance in the form of a ‘Ministry of Finance Framework for Climate Action’, of which this is a draft. The framework will be launched in early 2023 and presented to Finance Ministers in April 2023.
This report highlights the rationale for strengthening the role of Ministries of Finance in driving climate action and provides guidance on how to mainstream climate action into their core functions and capabilities. Its principal audience is intended to be Ministries of Finance, but it is designed to be useful to anyone seeking to better understand the role of Ministries of Finance in driving climate action.