Publications

This page presents publications from the Coalition of Finance Ministers for Climate Action’s Helsinki Principle 4 initiative ‘Economic Analysis for Green and Resilient Transitions’ across the Core and Thematic Series, launching with four reports, with more to come later in 2025. The Core Series are flagship reports, showcasing the state of practice of economic analysis of climate-related policy questions. These reports serve as primary sources for understanding the experiences, challenges, and strategies of Ministries of Finance and the broader Community of Practice. The Thematic Series builds on the Core Series, particularly drawing from the Compendium of Practice, exploring topics in greater depth, assessing the availability and effectiveness of relevant analytical tools, highlight existing gaps, and presenting relevant case studies.

Economic Analysis for Green and Resilient Transitions: Initiative overview

This report provides a one-stop overview of the ‘Economic Analysis for Green and Resilient Transitions’ initiative of the Coalition of Finance Ministers for Climate Action. Introduced by the Danish Minister for Finance, the report presents: the rationale for this crucial initiative; work highlights and successes to date—including findings from a first-of-a-kind survey of Ministries of Finance, and case study insights from the initiative’s ambitious Compendium of Practice; recommendations for plugging key gaps in Ministries’ access to tools and their capabilities for mainstreaming climate action; and a look-ahead to the initiative’s work in 2026.

CORE SERIES: Tools Report

Economic analysis and modeling tools to assist Ministries of Finance in driving green and resilient transitions

An overview of options and case studies of deployment

This report provides a systematic overview of analytical tools available to Ministries of Finance to help address the policy climate policy questions they face and integrate climate into their economic analysis. It serves as a reference for Ministries of Finance and their partners that want to explore how climate-related economic policy can be analyzed and diverse tools can be used to support climate-informed decision-making.

CORE SERIES: Survey Report

A Global Survey of Ministries of Finance

The pressing policy questions Ministries of Finance face in driving green and resilient transitions and their use of analytical tools to address them

This report analyzes a survey of 59 Ministries of Finance carried out under the Helsinki Principle 4 initiative ‘Economic Analysis for Green and Resilient Transitions’. The survey represents the first systematic attempt to explore how Ministries of Finance around the world are approaching the transition to a low-carbon and climate-resilient economy.

Core Series: Compendium Summary Report

Summary Report from a Global Compendium of Practice

This report summarizes the Compendium of Practice featured on this website, a global repository of contributions that showcase the knowledge and experience of a growing community of Ministries of Finance and supporting partners that are making significant strides toward mainstreaming climate change in macroeconomic analysis and modeling tools, and that are using these tools to drive climate action.

CAPABILITIES SERIES: Capabilities Report

How Ministries of Finance can build capabilities for economic analysis and modeling to drive green and resilient transitions

Taking stock of challenges, strategies, and lessons learned

The HP4 Capabilities Report provides an overview of strategies, options, and recommendations for how Ministries of Finance can practically enhance their analytical capabilities to drive green and resilient transitions.

THEMATIC SERIES: POLICY PACKAGES REPORT

How Ministries of Finance can support coherent climate policy packages

Available analytical tools and emerging good practice
The HP4 Policy Packages report provides Ministries of Finance with insights to support the design and implementation of policy packages for climate action that combine a set of fiscal and regulatory instruments. The report examines the gradual shift from stand-alone carbon pricing to multifaceted policy instruments and discusses the various climate policies that Ministries of Finance can deploy in coordination with line ministries to achieve progress on decarbonization. It also outlines a structured approach to defining, assessing, implementing, and evaluating policy packages that combine multiple instruments.
Thematic Series: Fiscal Challenges and Opportunities Report

How Ministries of Finance can assess the fiscal challenges and opportunities from green and resilient transitions

Available analytical tools and emerging good practice

Feedback from Ministries of Finance around the world points to the requirement to estimate the fiscal implications of climate change, climate mitigation, and adaptation measures as a core concern. This report focuses on how each climate-related issue can affect public finances, how those effects can be estimated using existing data, tools, and approaches, and where gaps remain.

Thematic Series: Physical Risk and Adaptation Report

How Ministries of Finance can assess and manage physical climate risks and adaptation

Available analytical tools and emerging good practice

This report reflects on the most pertinent physical risk and adaptation questions for Ministries of Finance and explores tools and methods to help those working on the core functions of public finance to understand the scale of the physical risk challenge today and in the future, including what this means for their different areas of responsibility.