Business & UN

Coalition of Finance Ministers for Climate Action Meeting

  • 6 April 2021

The Coalition of Finance Ministers for Climate Action – established in Washington DC in April 2019 on Finland’s initiative – brings together fiscal and economic policymakers from over 50 countries in leading the global climate response and in securing a just transition towards low-carbon resilient development.

Speech by ICC Secretary General John W.H. Denton AO on the margins of the World Bank Group/International Monetary Fund 2021 Spring Meetings

Tuesday, 6 April 2021, 10:54-11:19 (ET)

Session 3 – Making Progress Towards Decarbonization: Dialogue with Key Stakeholders

The global business community stands squarely behind collective efforts to limit global temperature increase to 1.5°c.

The science is clear. The long-term economic argument is compelling.

But MSMEs are often unable to align with the goals of Paris

At this point in time SMEs are struggling just to get by – rather than thinking about investing in a greener future.

But that is only one part of what is needed…

Effective government policies to incentivize MSMEs to invest in a net-zero future are just as important.

We urge this coalition to commit to a comprehensive suite of fiscal interventions to align fiscal and market signals with our shared commitment to ambitious climate action.

We encourage you to work with us

To remove the obstacles SMEs face in aligning their operations with the Paris Agreement…

Visit the SME Climate Hub