The Ministry of Finance Framework for Climate Action
The Functions describe what Ministries of Finance do, and how they can drive climate action through economic strategy, fiscal policy, and finance.
Reforming economic strategy through shaping national development and climate plans
Shaping national development and climate plans, including investment strategies.
Fiscal policy
Reforming tax, pricing, and budget instruments to transform the economy.
Financing the transition
Reforming financial policy and the financial system to raise, blend, and steer finance at speed and scale.
The Capabilities describe how Ministries of Finance can enable action through leadership and governance, coordination, and human and analytical capacity.
Leadership capability
Strengthening governance, mandates, institutional set-up, and senior leadership.
Coordination capability
Enhancing coordination and collaboration for whole-of-government and economy-wide climate action.
Human and analytical capability
Building staffing, expertise, and enhanced economic decision-making tools.
Every Action Area in the guide sits under one of these six headings.
Four themes are woven through the Guide — Mitigation & Energy Transition, Adaptation & Resilience, Nature & Biodiversity and Just Transition — each one with a curated selection of Action Areas and case studies.