The meeting acknowledged the increasing global momentum for action on climate change in the context of the ongoing challenges of the COVID-19 pandemic–many governments are implementing large-scale stimulus packages and using this moment to boost climate ambition. Perspectives were shared on transitioning to a low carbon and climate-resilient global economy, mitigating climate-related financial risks, and pursuing pathways towards decarbonization. Speakers included
The President of the
The Coalition welcomed eight new Members–Belgium,
The meeting also marked the formal transition of the Co-Chair role from
In addition to the Minister-level meeting, Coalition members contributed compelling video statements on “promoting strong recovery and growth while accelerating the transition to a low carbon global economy” as inputs into the meeting's agenda.
“I warmly welcome the new members of the Coalition. This demonstrates the Coalition's growing role and the importance of its work in the global climate agenda. Our work is based on building trust and confidence, sharing experiences and strengthening expertise and knowledge,” said Finance Minister
“The Coalition has become a powerful platform for Ministries of Finance to discuss global climate issues and share experiences from a financial and economic perspective. Looking ahead, our work must be a beacon for policy discussions on climate change as well as supporting national policy development,” said Finance Minister
“The Coalition gives the world a clear voice on the important role of Finance Ministers in the climate agenda through fiscal and financing policies. Let us use our role as Finance Ministers to drive change and leave a legacy in the fight against climate change. We will save our planet if we work together,” said Finance Minister Sri