Meeting of Climate Action Coalition chaired by Minister of Finance Vanhanen as cooperation was joined by United States, Japan and South Korea Ministry of Finance Press release
Climate and economic policies were discussed by the finance ministers of over 60 countries at the meeting of the Coalition of Finance Ministers for Climate Action on 6 April 2021. In its spring meeting, the Coalition acquired eight new member countries, including the United States, Japan and South Korea.
The meeting was co-chaired by Finland’s Minister of Finance
Matti Vanhanen and his counterparts Rodrigo Cerda from Chile and
Sri Mulyani Indrawati from Indonesia. After the meeting, the Coalition will continue its work with Finland and Indonesia as chairs.
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Minister-Level Meeting of Coalition of Finance Ministers for Climate Action
The Coalition of Finance Ministers for Climate Action steps up calls for green growth investments as part of a global shift toward an inclusive and resilient recovery from the COVID-19 pandemic. The Coalition also shared perspectives on policies to make progress towards decarbonization and manage climate-related financial stability risks.
The Coalition invited the United States Secretary of the Treasury Janet L. Yellen, China Minister of Finance Liu Kun, Japan State Minister of Finance Kenji Nakanishi, Republic of Korea Minister of Finance Hong Nam-Ki and representatives from Central Banks and environmental organizations to share their visions for addressing climate change with Coalition Member countries.
Yellen says U S seeks to increase scale of climate finance parisguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from parisguardian.com Daily Mail and Mail on Sunday newspapers.
US seeks to increase scale of climate finance: Yellen
By IANS |
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Janet Yellen proposes global minimum corporate tax. (Xinhua/Yin Bogu/IANS). Image Source: IANS News
Washington, April 7 : The US is seeking to increase the scale of climate finance and working with the international community to tackle climate change, US Treasury Secretary Janet Yellen said on Tuesday. Climate, by its very nature, requires strong global cooperation. We lost four important years, and we recognize that many of you around the room have been leading change in your own countries, Yellen said at her first meeting with the Coalition of Finance Ministers for Climate Action, adding that the US was pleased to join the coalition last week, the Xinhua news agency reported.
WASHINGTON: The US Treasury Secretary Janet Yellen said the States is seeking to increase the scale of climate finance and working with the international community to tackle climate change.
Yellen said, the US Treasury is working through the US Financial Stability Oversight Council and participating in international forums to understand and mitigate the risks that climate change poses to the stability of the financial system and macro-economy in the US and across jurisdictions. Climate, by its very nature, requires strong global cooperation. We lost four important years, and we recognize that many of you around the room have been leading change in your own countries, Yellen said at her first meeting with the Coalition of Finance Ministers for Climate Action., adding that the US was pleased to join the coalition last week, as per reports.